Monday Market Update: New Inventory

Here is the Monday morning market update. For our newer followers we do this every Monday and it consist of the homes that have come onto the market in the last week. If you need more information on any of these homes you can get more information at jbrinkmann.buyrealestatestlouis.com or call me at 314-277-2633. Have a great week!

How Accurate is my Zestimate From Zillow?

I know a lot of you love Zillow and also love to go and see what the Zestimate says your home is worth. I get people everyday that say well I already know what my home is worth because Zillow said it is valued at "insert price". The problem with this is not only is real estate a very localized industry where prices can vary from neighborhood to neighborhood but to be honest Zillow is pretty far off a good percentage of the time. The pictures below are directly off of Zillow's website and if you wish you can pull them up yourself at the bottom of Zillow.com under Zestimates.



If you look at the picture here you can see St. Louis does not have percentages listed here and the reason for that is that Zillow pulls straight from the tax assessor they do not use their own calculations in St. Louis. If you look above at the other cities though Zillow tells you that the median error is 10%. That means on a home worth $200,000 they are off by $20,000 on average. So half of the time they are more than $20,000 off of the sale price of your home. If we price your home more than $20,000 off you will not even get a buyer to come look at it. I know you are thinking that's true but that is in other cities St. Louis is not listed in that data.  You are correct but look below and you will see the one star that Zillow gives St. Louis means they are using the tax assessor's records which Zillow, will tell you if you click on it and you can see from the picture, are less accurate than their calculations are.





So if Zillow is more than 10% off on your home's value half of the time and the records they provide for St. Louis are even more inaccurate you can see that a zestimate does not give you a good representation of your homes value. I hope you found this helpful and informational. Have a great week and as always for all of your real estate needs go to: jbrinkmann.buyrealestatestlouis.com or call me direct at 314-277-2633

Tuesday Market Update: Homes Sold Last Week

Here is the homes that have sold in the last week in the South County area. If you are curious what your neighbors home sold for you can find out here every week or go to jbrinkmann.buyrealestatestlouis.com. As always have a great week and let me help you with all of your South County real estate needs.

Monday Market Update: New inventory

Here is the Monday morning market update. For our newer followers we do this every Monday and it consist of the homes that have come onto the market in the last week. If you need more information on any of these homes you can get more information at jbrinkmann.buyrealestatestlouis.com or call me at 314-277-2633. Have a great week!

Tuesday Market Update: Homes Sold Last Week

Here is the homes that have sold in the last week in the South County area. If you are curious what your neighbors home sold for you can find out here every week or go to jbrinkmann.buyrealestatestlouis.com. As always have a great week and let me help you with all of your South County real estate needs.

Monday Market Update: New Inventory

Here is the Monday morning market update. For our newer followers we do this every Monday and it consist of the homes that have come onto the market in the last week. If you need more information on any of these homes you can get more information at jbrinkmann.buyrealestatestlouis.com or call me at 314-277-2633. Have a great week!

Tuesday Market Update: Homes Sold Last Week

Here is the homes that have sold in the last week in the South County area. If you are curious what your neighbors home sold for you can find out here every week or go to jbrinkmann.buyrealestatestlouis.com. As always have a great week and let me help you with all of your South County real estate needs.

Monday Market Update: New Inventory

Here is the Monday morning market update. For our newer followers we do this every Monday and it consist of the homes that have come onto the market in the last week. If you need more information on any of these homes you can get more information at jbrinkmann.buyrealestatestlouis.com or call me at 314-277-2633. Have a great week!