Quote:
Originally Posted by porsche4life
Exactly. I’d bet the team that owns the zestimate has no clue that the home buying team even looked at that house. The zestimate is based off recent sales, so it will always spike when a home has recorded a sale recently.
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But that doesn't make any sense in this case. The house sold to Zillow June 8, for $7k over their Zestimate, then somehow it goes up over $140k the next month, that just happened to coincide with their listing it $80k over what they paid, in the same month?