Recent Home Sales

Profile picture for Badgers89
606 S Washington St, Hinsdale, IL 60521 has been sold for a couple months now for $1,680,000 and 611 S Washington St, Hinsdale, IL 60521 has sold a couple weeks ago for $1,740,000.  Why does it take so long for Zillow to update the home values? It seems the information is very inaccurate.
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May 18 2011 - Hinsdale
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Answers (2)

Profile picture for Philip_Chicago
2-3 months lag time is pretty good compared to the time most local tax authorities get around to updating it, but zillow is vary inaccurate in its estimates because they use 3rd party information that does not give an accurate apples to apples comparison to most property, most of which is somewhat unique in various aspects.
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May 19 2011
Zillow has no enough information on those houses as lot sizes, house sizes, bedrooms, bathroom, etc... Therefore Zillow may not use them in the calculation.
http://www.zillow.com/homedetails/611-S-Washington-St-Hinsdale-IL-60521/4572625_zpid/
http://www.zillow.com/homedetails/606-S-Washington-St-Hinsdale-IL-60521/4572613_zpid/#{scid=hdp-site-map-bubble-address}
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May 18 2011
 

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