GITNUX MARKETDATA REPORT 2024

Statistics About The Most Accurate Home Value Website

The most accurate home value website is expected to consistently provide estimates that closely align with actual home prices in the majority of cases.

In this post, we examine the accuracy and reach of various popular home value websites in the U.S. From Redfin’s impressive median error rate to Realtor.com’s global services, we delve into the statistics behind these platforms to determine the most accurate home value website for your needs.

Statistic 1

"RedFin values homes with a median error of 1.71% for homes sold on Redfin, according to RedFin.com."

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Statistic 2

"Realtor.com states that their home value estimations are updated every 15 minutes."

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Statistic 3

"According to Eppraisal.com, their AVM provides real estate data for over 70 million homes in the U.S."

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Statistic 4

"Eppraisal has a list of over 10,000,000 commercial properties in the U.S., as per their official website."

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Statistic 5

"Trulia is visited by over 51 million unique users monthly, according to Trulia.com."

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Statistic 6

"According to Redfin, their booking home tours service increased 27% year over year."

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Statistic 7

"Realtor.com provides real estate services to over 50 countries, according to Realtor.com."

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Statistic 8

"89% of U.S. properties are within a 10% margin of error on Redfin, according to Redfin.com."

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Statistic 9

"Over 5 million transactions are forecasted to close in 2021, according to Realtor.com."

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Statistic 10

"According to Redfin, during the last quarter, 18% of sellers dropped their price."

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Statistic 11

"According to Realtor.com, new listings have grown by 4.3% since last year."

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Statistic 12

"RedFin states that 64% of their home-value estimates are within 3% of the selling price, according to Redfin.com."

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Statistic 13

"Realtor.com reports they handle over 65 million property records."

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In conclusion, the statistics presented highlight the diverse range of services and capabilities offered by various home value websites such as Redfin, Realtor.com, Eppraisal, and Trulia. These platforms provide real-time home value estimations, extensive real estate data, and user-friendly interfaces to cater to the needs of both buyers and sellers in the market. The high accuracy rates, vast database coverage, and continual growth in user engagement and transaction volumes signify the reliability and effectiveness of these websites in the real estate industry.

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