When I meet with sellers to complete a market analysis of their homes, they often tell me they have checked their Zillow Zestimate. I've been comparing the Zillow estimates with actual sales prices to see just how accurate those Zestimates are in Ledyard. In July about about half were within 3% of the actual selling price. The results in August were much more varied and October is much like August as far as accuracy. The first two listings were bank foreclosures which typically sell under market value.
If you are interested in the value of your home, just give me a call. I'm happy to stop by and give you my opinion whether you are ready to sell or not.
If you are interested in the real estate statistics for New London County, I feature a blog post once a month with those statistics.What's up and what's down from a year ago? You will find the complete report HERE