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Zillow price varied everyday, But since last 4 months, price of my house is same, please fix this.

Zillow price varied everyday, But since last 4 months, price of my house is same, please fix this.

In bankof america portfolio price is pulled from zillow, in past it used to accurately reflect the price, but i have watched on zillow.com for last 4 months, the price is not changing. Please correct the software to recalculte the accurate and latest price of the home

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December 18 2010 - Farmington Hills
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BofA has their own AVM and does not 'pull' any values from Zillow.
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December 18 2010
Profile picture for gurnani
There is something wrong for sure, It worked in past, price changed everyday to reflect the accurate value of the house. But since last 4 months it is showing same, there is some software or data feeding failure which has stopped this.

house Prices are not flat in this area.. When i did appraisal recently the price of my house came to $177,000 which is more than $160000 on zillow..

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December 18 2010
Zillow estimates value from your tax record and local sales. If you want a real market estimate of your property value consult with a local Realtor or pay for an appraisal.
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December 18 2010
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Your Zillow Zestimate may not be changing because many markets are flat or weakly dropping right now here. It also may be that not many houses are selling and closing since we are in winter so Zillow may not be getting new value information from your area. I do not know how it is in your area, but the market slows down significantly in my area in the winter.

Zillow is not an appraisal and B of A should have other ways of determining value anyway. Also, if you are expecting the market to be going up slowing right now, I am afraid that is not the reality of the market right now in most areas.
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December 18 2010
 
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Zillow price varied everyday, But since last 4 months, price of my house is same, please fix this.
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