What annoys me about Zillow is that their "number of days on Zillow" is totally bogus. A house down the street was on the market for 2 months (at a highly inflated value). Time on Zillow? 2 weeks.
Maybe the time on Zillow is based on repricing or taking it off the market and putting it back on? Either way if you were looking for homes unless you kept track of an individual house you wouldn't be any wiser.
Also amusingly the house was a tear down, so the Zestimate was based on the old crappy house. Which I'm sure the builders loved -- it was half the price of the newly built home.
I had this problem a lot. I really wish Zillow allowed you to block houses from your search, regardless of price changes, relistings, etc. I came across the same lot of sad, crappy, and overpriced homes over and over, because Zillow kept erroneously marking them as "just listed!"
Well you're not buying the house to be built. You're buying the land and the crappy house. By your logic, you'd be paying for the new house twice. Once you when you pay the builders, and again when you just throw money at the seller of the tear down.
It's also possible the Zillow listing didn't happen at the same time the home went on the market. It may have been on Realtor.com for 6 weeks before going onto Zillow.
Maybe the time on Zillow is based on repricing or taking it off the market and putting it back on? Either way if you were looking for homes unless you kept track of an individual house you wouldn't be any wiser.
Also amusingly the house was a tear down, so the Zestimate was based on the old crappy house. Which I'm sure the builders loved -- it was half the price of the newly built home.