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Prices are based on recent sales and are updated on a regular basis. It is likely that a higher end property sold recently, but is now a little too old to be considered or is not as highly weighted in the computer's analysis as it was 30 days ago.That's part of the "ups and downs" of depending on a computer for a market analysis rather than a real person. Zillow is getting better, but nothing beats a real live REALTOR® with experience in the area (OK, maybe I am a little biased because I am a REALTOR®).As you are aware, Excelisior has a wide variety of styles and sizes of homes. Just because a property is geographically close and the basic statistics are similar, that doesn't necessarily mean it is comparable. Proximity to the lake, the quality of the interior finishes (granite, stainless, ceramic, etc) and other amenities can make a big difference. You are also on a farily busy street and my guess is that the computer doesn't understand that factor very well either.I hope that helps!
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For Sale: $550,000
For Sale: $599,000
For Sale: $499,900