Homes for Sale Superior CO Zillow Zestimates vs. Sold Prices December 2015

Homes for Sale Superior CO Zillow Zestimates vs. Sold Prices December 2015

Ever wonder how accurate those Zillow Zestimates really are? Below you will find real homes sold in Superior last month compared to their Zillow Zestimates. Scroll down to the bottom of the post for more information on the accuracy of Zillow Zestimates.

What is your home worth? CLICK HERE for a customized report of comparable homes in your neighborhood!

 

December 2015 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

Superior Single Family dec 15

Condos and Townhomes

Superior ATC dec 15

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Are Zestimates accurate? 


Zillow is the most popular online real estate information site, with over 70 million unique visitors per month. Zillow provides information on houses that are not on the market as well as active listings of properties for sale.

According to Zillow CEO Spencer Rascoff, Zillow Zestimates are “a good starting point” but nationwide Zestimates have a “median error rate” of about +/- 8%. On a $500,000 house, a seller is looking at a $40,000 disparity — which can potentially distort the perceived market value of a listing.

So what’s the takeaway?  When buying and selling, keep in mind that Zestimates are no more than starting points in pricing discussions with the real authorities on local real estate values — experienced agents and appraisers.

If you’re curious about the current value of your home, I can provide you with a comparative market analysis at no cost or obligation. Call Barry Remington at 720.373.9297 or reach me by email at barry@superiorrealestatenews.com.

Source: LA Times article “Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices”

 

December 2015 Superior Real Estate Market Report

December 2015 Superior Real Estate Market Report

The Superior real estate market remains strong. Scroll down for detailed December market reports including sold listings, average days on market and current homes for sale in Superior.  

If you’re curious about the current value of your home, I can provide you with a comparative market analysis at no cost or obligation. Call me at 720-373-9297 or reach me by email at barry@superiorrealestatenews.com.

Market Activity in Superior in December 2015

Click here to see the homes for sale Superior, CO

Superior Single FamilySuperior CTH Superior Graph

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Click here for a comparison of Superior Zillow Zestimates vs. Sold Prices as well as information on the accuracy of Zillow Zestimates.