Why does Zillow price estimating overlook recent sale prices?Check out your own listing of the La Playa Street, Monterey CA prices. Those units recently sold have sold for $1 million or more. Those that have not recently sold you list at $500K - $700K, way under what the units are really going for. You have totally underestimated the worth of these beachfront properties in a desirable area. You need to take into account the California Coastal Commission disallows further construction on its beaches. So what's there now is all there ever will be. They are rare items and the $1 million sale prices indicate that rarity.July 30 2009 - Monterey00YesReport 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.