The residential real estate market is showing a continued slide in home prices. This is happening, in part, due to the rising mortgage interest rates as the Fed is trying to rein in inflation. However, the housing market is still very much a seller's market.
Zillow's Zestimate is based on a nationwide averaging algorithm, so it's often unreliable. Zillow's employees live and work in Seattle, WA. Most have never seen the Palm Beaches and don't know anything about the local communities, amenities, what's locally popular, let alone a home's interior upgrades, etc.
In contrast, we do all our CMAs one at a time. For YOUR specific home. Using LOCAL comps. With KNOWLEDGE of layout models and community features. Keeping in mind most RECENT local market trends.