About two months ago, we began a test: How accurate is Zillow for Hermosa Beach real estate?
We took the 10 most recent listings at that moment and began tracking. (Here's that first post.) Now we can report back on some of the results that have come in.
Let's see how Zillow did, so far. (We'll recap the results at the end, but we don't want to spoil it for you!)
935 1st, Unit A (3br/3ba, 1800 sqft.) is a somewhat remodeled, modern style townhome east of PCH and just up from a concert venue/bar.
The listing here began at $995K.
Zillow's bots were thinking, no, no, you gotta dream bigger: $1.091M.
The sold price was $1,065,750, much closer to Zillow's estimate (2% below) than it was to the start price (the sale was 7%