Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago on . Most recent reply

Random High Prices on Zillow (and others)
When I'm running comps on properties I will come across random properties that have sold for prices in the millions, and I was wanting to see where the heck those numbers are coming from. For example, I'm seeing an area with prices around 75-125k and there's a random $2.1 million property that looks just like all of the others.
What is causing this? Is it just that there wasn't a price recorded so it defaults to some crazy number? I see this in almost all of the areas I'm looking at.