How can Zillow show a price increase on a house that is already grossly overpriced?

Profile picture for Al G
1261 S Alhambra Cir, Coral Gables, FL 33146  There isn't another house within 5 miles of this house that is even close to the asking price.  I understand that the seller can ask whatever price he or she feels is justified but, why would zillow support the idea that a house that is so grossly overpriced could actually increase in value when all of the other tools of the profession indicate otherwise? 
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June 13 2012 - Coral Gables
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Answers (1)

Profile picture for Ice L.
AI G -

Thank you for reporting this to us.

I escalated your concerns so our data team can further check this for you.

Ice L.
Zillow Customer Support
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June 13 2012
 

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