December 2016 Superior Zillow Zestimates vs. Sold Prices

December 2016 Superior Zillow Zestimates vs. Sold Prices

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.

December 2016 Superior Zillow Zestimates vs. Sold Prices

Single Family Homes

Condos and Townhomes

disclaimer ires

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 atbarry@superiorrealestatenews.com.

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

Superior Colorado Market Report December 2016

Superior Colorado Market Report December 2016

Winter has come to Superior but the market continues to move and I expect that it will pick up this spring. If you’re considering selling, have any other real estate needs or know someone who does, please give me a call at 720.373.9297. I can help determine the value of your home or help with any of your real estate questions.

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

Market Activity in Superior in December 2016

Click here to see the homes for sale Superior, CO

Superior(9)

For detailed market reports including

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

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.