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Updated over 9 years ago on . Most recent reply

User Stats

222
Posts
34
Votes
Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

Zestimate "UNAVAILABLE' for many properties

Neil G.
  • Investor
  • Socal
Posted

i'm so used to seeing the Zestimate for most every property on zillow, that am now surprised to see they have cut back on estimates for many if not most properties.

wonder what happened, or if its just in my area (coastal socal)? im certain all these properties used to have a definite Zestimate displayed just months ago, now most all are gone! was there a complaint, class action or something?!

Most Popular Reply

User Stats

746
Posts
372
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Jacqueline Carrington
  • Investor
  • Corona, CA
372
Votes |
746
Posts
Jacqueline Carrington
  • Investor
  • Corona, CA
Replied

Zestimates are very inaccurate; I would not rely on them at all. There is an article in the LA Times where the CEO of Zillow stated nationwide Zestimates have a median error rate of about 8%. 

http://www.latimes.com/business/realestate/la-fi-harney-20150208-story.html

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