Like it or not, more home buyers and sellers are checking out Zillow’s Zestimates to help them come up with the right price for homes in the Catalina Foothills. And while the accuracy of Zestimates has improved quite a bit since the early days, it’s still hit or miss. But there now are more hits than misses. And let’s face it, list prices are also hit or miss, especially if you consider original list prices relative to eventual sold prices.
See for yourself, following are a handful of recent sales - including the sold price, the list price at time of sale, the original list price, and Zillow’s Zestimate at the time of sale.
7808 N Ancient Indian Drive Tucson, AZ 85718
sold for $1,400,000 from a $1,689,000 list price (original list $1,789,900)
Zillow high-balled it at $1,993,930.
4615 N Via De La Granja Tucson, AZ 85718,
sold for $1,050,000 from a $1,145,000 list price (original list $1,145,000)
Again, Zillow high-balled it at $1,509,961.
6190 N Hototo Place Tucson, AZ 85750,
sold for $1,650,000 from a $1,795,000 list price (original list $1,995,000)
At $1,700,000, Zillow was awfully close, closer than the list price.
7075 E Ventana Canyon Drive Tucson, AZ 85750,
sold for $1,275,000 from a $1,399,000 list price. (original list $1,449,000)
At $1,400,000, Zillow missed the mark but was as close to it as the list price.
2087 E Desert Garden Drive Tucson, AZ 85718,
sold for $1,999,500 from a $2,174,319 list price. (original list $$2,174,319)
Bingo!, Zillow nailed it at $2,000,000.
3616 E Placita Lindura Tucson, AZ 85718,
sold for $1,050,000 from a $1,175,000 list price. (original list $1,200,000)
And, once again, Zillow was awfully close at $1,017,391.
3780 E Sumo Quinto Tucson, AZ 85718,
sold for $1,100,000 from a $1,299,000 list price. (original list $1,395,000)
Zillow - $1,249,357
6060 N Pinchot Road Tucson, AZ 85750,
sold for $1,325,000 from a $1,395,000 list price. (original list $1,895,000)
Zillow flubbed it at $1,100,000
3512 E Windy Point Drive Tucson, AZ 85718
sold for $1,043,000 from a $1,099,000 list price. (original list $1,099,000)
Zillow had it at $959,000.
2376 E Placita De La Victoria Tucson, AZ 85718
sold for $1,165,000 from a $1,295,000 list price. (original list $1,695,000)
Zillow was wide of the mark at $1,400,000.
6985 E Gate Ridge Place , Tucson, AZ 85750
sold for $899,900 from a $925,000 list price, (original list $949,900)
Zillow had it at $951,000
6220 N Camino Esquina , Tucson, AZ 85718
sold for $825,000 from an $899,000 list price (original list $1,100,000)
Zillow also pegged it at $1,100,000
5669 N Mina Vista , Tucson, AZ 85718
sold for $825,000 from a $879,000 list price (original list $879,000)
Zillow low-balled it at $659,000
5840 N Calle Grandeza , Tucson, AZ 85718
sold for $856,500 from an $876,750 list price (original list $895,000)
Zillow – practically a bullseye at $887,000.
6691 N Avenida De Las Palazas , Tucson, AZ 85750
sold for $867,677 from an $875,000 list price. (original list $1,099,000)
Zillow - $956,000
5910 N Mina Vista , Tucson, AZ 85718
sold for $835,000 from an $850,000 list price. (original list $930,000)
For Zillow, a swing and a miss at $954,000
As their technology becomes even more capable, and their database of home sales grows ever larger, Zillow will continue to sharpen their game. And as more younger buyers and sellers get into the real estate market it’s inevitable that the popularity and usefulness of online valuations will mushroom.
see TheFoothillsToday.com
to find your Catalina Foothills Home
