How do you justify a house desending a 1000K every other day in a stable market.comparison listing

Profile picture for samdad1
There are only two comps close to subject house and they have only been listed for 30 - 60 days. The general re market has been stable.
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December 29 2009 - Addison
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Profile picture for semler
I'm not sure I understand your question.  First, which property are you asking about? Who is trying to do the justifying?  If the house is for sale, the seller may have instructed the listing agent to reduce the price every other day until a buyer is found.  If it is Zillow that is changing the zestimate, be advised that Texas is a non-disclosure state.  That means that the sales price of homes is NOT public record and Zillow estimates are just that.  Estimates.  If you want a comparative market analysis, contact a real estate agent who DOES have access to completed sales information.  I would be happy to help you if you do need a CMA for a property in the North Texas area.
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0Yes

December 29 2009
 

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