Technology
Be warned. Even Zillow says they’re not accurate. While it’s only been five years … I have no doubt that in two they will be more accurate. And one day, Zillow might be right.
Heck, Greene County’s not even there. Of course, they “only” represented 10% of all homes sales in the Charlottesville MSA last year. 🙂
Median sales price and volume of single family, attached and condo sales for Charlottesville MSA in 2010:
Note: the less metropolitan/urbanized/populated areas are less accurate. That will change.
For now, “But until Zillow gets a lot smarter, I don’t recommend making it a trusted bookmark.“
In time of course, they will get better. It’s best not to underestimate those with piles of money and lots of smart people.
Thanks to Dan Greene for pointing this out; I’d seen it a few years ago but forgot all about it.
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Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.
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