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Ryan Beesley

XYZ Brokerage

Email: ryan@xyzbrokerage.com

Phone: (206) 555-1234

Website: www.xyzbrokerage.com

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I own a house at 27237 S.E. 13th Pl, Sammamish, WA, 98075

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Sergey12

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I've been following the quotes for my house for the last couple of month. the price was going up from US$634,000.00 all the way to US$661,500.00 till the last Friday. I've looked online Yesterday and learned the price went down to US$624,000.00 just within two days. I wounder, was it some kind of a software error or there was any reason for the price to go that sharply down? Thanks in advance for your reply. Kindest regards, Sergey
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September 10 - Sammamish
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Rebecca Carlson, "Rebecca finds homes"

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Hi, Sergey12 -

One of the most important factors in market value of a home is comparable sales.  I did a quick snapshot of your neighborhood to see what the statistics look like.  The median sales price of homes in your neighborhood over the past 6 months is $620K; the average is $637K.  There are six properties pending sale right now, with an average list price of $560K.  I would suspect that recent sales are what is driving your current estimate down.

Unfortunately, Zillow can't detect if your home has upgrades that the other homes do not.  If you are considering selling, a Realtor can give you a more specific idea of how your home compares to what's currently on the market, and what has sold recently.   

Good Luck!

--Rebecca
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September 10
 

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