![]() This is the percentage of transactions for which the Zestimate was within 20% of the transaction price. This is the percentage of transactions for which the Zestimate was within 10% of the transaction price. This is the percentage of transactions for which the Zestimate was within 5% of the transaction price. This column indicates the number of homes in an area that have Zestimates. We can only calculate Zestimates for homes and regions where we have certain data, including historical transactions. ![]() For most major markets, the Zestimate for on-market homes is within 10% of the final sale price more than 95% of the time. This means that the Zestimates for half of all on-market homes are within 2% of the selling price, and half are not. The nationwide median error rate for the Zestimate for on-market homes is 1.9%, while the Zestimate for off-market homes has a median error rate of 7.5%. Note: The Zestimate’s accuracy is computed by comparing the final sale price to the Zestimate that was published on or just prior to the sale date.ĭownload an Excel spreadsheet of this data.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |