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Updated over 9 years ago,
"Days on Zillow"
I have been watching rentals in the area in which we'd like to purchase a buy and hold to see what they are asking for rent and how long they stay on the market. Since every single rental home in the neighborhood had "Days on Zillow" of less than a month, I was thinking that the rents were probably set about right...except for one house.
We had been interested in the house when it came on the market, but we didn't move quickly enough to get it. The buyer renovated it nicely, but still, the rent he's asking is at least $200/month more than what I'd think he can get.
So, I've been watching it online and drive by occasionally. It's been for rent for at least 3 months, but I don't think I've ever seen the days on Zillow go over 15-20. What's up with that? Is he maybe removing the listing then reposting it? Is it a glitch in Zillow? Now I'm thinking that number will carry about as much weight as a Zestimate!