Profile picture for krotinger

How could the price estimate for my house drop 10% in 10 days??

The Zillow estimate for my house as of 6/3/11 was $871,500.  Today it is $784,500. All historical Zillow-estimate data for this property (160 Mount Lassen Drive, San Rafael CA 94903) also appear to have been retroactively adjusted as of today.  Previously the Zillow estimate never went below $810,000.  Today the low point is shown as $744,000 as of last March.  What is happening?
  • June 13 2011 - Lucas Valley-Marinwood
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

Profile picture for wetdawgs
Zillow updated their Zestimate algorithm today, and included some historical calculations.  You can read more here.
  • June 13 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Maybe it is a few bugs in the Zestimate system.
  • June 13 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.