A question about comps

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So I'm using zillow.com to compare recent sales to homepath/ reo properties.

I noticed that the neighborhood were I was looking had recent sales for around $70-100k.

In addition, the "zestimates" (I know these aren't really accurate) were generally in that range too.

However, several clumps of property had a recent sale price around 2012 for $3.9k.

How can this be?


Did a wholesaler go in and buy a bunch from distressed homeowners and just happen to find a bunch to buy for $3.9k?

I checked the properties out on google street view. They don't seem dilapidated.

Thanks

-Patrick