Is there a way to find the history of home value?

Profile picture for DebbieVenezia
For example -- could you find out what the value of the home was 3 months ago -- 6 months ago, etc.  The real estate market is so erratic these days . . .
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April 23 2012 - Lombard
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Answers (2)

Profile picture for wetdawgs
If you are interested in the Zestimate history, you can open the home details page for the property of interest and scroll down to the Zestimate graph.    Of course, a Zestimate is only a starting point for comparison of properties.
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April 23 2012
Your local REA can advise you if the values of the properties in your neighborhoods are declining, rising or stabilizing. When we prepare CMA (comparative market analysis)s we go back 3-6 months, so do appraisers. Based on the sales activity, we determine the approximate value of the property. Only additional sales (fe. for every 3 months) may indicate if the values has changed drastically ( I think we have this period of "crazy" values-that values were changing not even monthly but weekly) behind us.
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April 23 2012
 

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