Zillow Gets it Wrong | Real Estate Prices | Sarasota FL
I've been tracking the inaccuracy of Zillow values in Sarasota for 5 years and here's an update of the results. I've also begun tracking Venice. Zillow's inaccurate 2014 Sarasota median home value Zillow calls Sarasota's housing market "hot", yet it's posted 2014 median housing value of $200,700 is below the $201,700 it reported in 2013. See the 5 year trend: click here . If you were a homeowner in Sarasota relying on Zillow to set the price for your for sale by owner property, you probably left money on the table, since MLS reports Sarasota's median 2014 sales price at $205,580. MLS Sarasota median home value for 2014 was $205,580, higher than Zillow's estimate The reverse happened in Venice in 2014. Zillow reported a median home value price of $202,100. But wait a second. Every experienced Realtor in our area knows that Sarasota is a more expensive real estate market than Venice. The story told by the numbers gets eve...