If I am selling my house and I change the listing price, why does it affect the Zestimate?I have noticed that when a house is listed for sale at a high price, its Zestimate rises sharply. By the same token, when the price is reduced, the Zestimate often goes down by virtually the same amount. Given that some buyers look at the Zestimate as an estimate of the property value, this seems to encourage some sellers to list at a much higher price than they expect to sell for because they know the Zestimate will be high and give their house an artificially high value.April 28 2012 - Boca Raton1YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe 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.