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You may be right and here's why.....Keep in mind that these sites pull from MLS. MLS is the system that dicates what homes are selling for throughout the entire country. It's what appraisers use to determine value as they rarely use the cost approach in determining value. Market values come from MLS. It's the Holy Grail. Realtors are working hard to assist buyers in understanding that the market values come from what buyers are willing to pay and what the market supports. It's not what these sites post in values. Not to worry...the public is being made aware of this and we as an organization provide buyers with closed solds based on MLS. It's the most reliable data out there. Also check with your locl realtor to assist with values in your region. That should help you too!
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For Sale: $329,900
For Sale: $325,000
For Sale: $749,000