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Updated about 3 years ago on . Most recent reply

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Lewis Vine
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Question about sales history on Zillow

Lewis Vine
Posted

Hi folks,

I've started browsing Zillow, etc, to get a sense of homes for sale in my target market and I've noticed a pattern on quite a few listings. I'm curious what's going on:

A house sells for $70k in 2017.

It sells again in 5/2022 for $205k.

And then, a month later, it's listed again, typically for about $50k more.

What's going on here? Is this a BRRR refinance? Does the flipper sell to an investor who then is just trying to make a quick buck? I see this pattern on quite a few listings:

Just curious. Thanks!

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19,447
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Chris Seveney
  • Investor
  • Virginia
17,124
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19,447
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Lewis Vine

I wouldn’t trust Zillow sales data

  • Chris Seveney
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7e investments
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