Homes in Bayview purchased between 01/2005-12/2007 are overassed by 25-45% and overvalued by the online services by 20%-40%.

Summary of all data for Bayview.

Data Prior Sale Assessment Zillow ABC Actual
Listings $617,500 $625,400 $571,200 $552,000 $441,000
Variance 40% 42% 29.5% 25% 0%
Sales $637,200 $655,900 $682,700 $618,300 $412,500
Variance 55% 59% 65.5% 49.9% 0%
 
Average Prior Avg Assessment Average Zillow Average ABC Average Price
Average $627,350 $640,650 $601,000 $572,200 $436,500
44% 47% 38% 31% 0%

 

Summary of Listing Data

Avg Prior Sale Price Avg Assessment Avg Zillow Avg ABC List Price
Variance Variance Variance Variance
$617,500 $625,400 $571,200 $552,000 $441,000
40% 42% 29.5% 25%

Listing Data

The following are all the listings in Bayview that had a prior sale date between 2004-2006. The current list prices may not necessarily represent market value. Properties purchased in this time period are more likely to be in distress. Therefore, some of these listings represent below-market, fire sale prices.

The data includes the last prior sale, the current assessed value, estimates from Zillow and RealEstateABC and finally the current asking price as of 08/01/2008.

Property                Prior Sale       Assessment             Zillow              ABC      Current List

Ingalls

$390,000

$413,870

$431,500

$449,000

$239,000

Palou

$520,000

$541,007

$522,000

$541,000

$350,000

La Salle

$690,000

$703,800

$523,000

$666,500

$379,900

Palou

$460,000

$442,170

$425,000

$480,000

$375,000

Quesada

$625,000

$637,500

$424,900

$538,000

$382,500

Innes

$560,000

$571,200

N/A

N/A

$390,000

Van Dyke

$630,000

$642,600

N/A

N/A

$399,000

Palou

$720,000

$734,400

$704,500

$482,000

$399,900

La Salle

$555,000

$555,000

$545,500

$468,000

$429,000

Bass

$670,000

$683,400

$655,500

$637,000

$440,000

Innes

$600,000

$612,000

N/A

$570,000

$459,900

Quesada

$610,000

$622,200

$594,500

$578,000

$465,000

Van Dyke

$550,000

$572,220

$543,000

$581,000

$475,000

Thornton

$669,000

$669,000

$620,500

$623,000

$475,000

Ingalls

$775,000

$775,000

N/A

$623,000

$530,000

Quesada

$720,000

$720,000

$709,000

$713,000

$569,000

Wallace

$575,000

$598,230

$563,500

$554,000

$599,990

McKinnon

$685,000

$685,000

$673,500

$479,000

$658,888

Orsi

$660,000

N/A

$545,000

$664,000

$668,000

 

 

 Summary of sales in 2008 with a recent prior sale

Prior Sale Price Assessment Zillow ABC Sales
Variance Variance Variance Variance Price
$637,200 $655,900 $682,700 $618,300 $412,500
55% 59% 65.5% 49.9% 0

The Following are all the sales from 01/01/08-01/08/08 that had a recent prior sale. 

 

Property

Prior Sale

Assess

Zillow

ABC

Sale Price

Date

Variance

Variance

Variance

Date

McKinnon

$353,000

$367,260

$446,000

$425,000

$190,000

5/2004

94%

135%

124%

7/2008

Jennings

$603,000

N/A

$593,000

$419,000

$224,000

6/2006

N/A

164%

87%

6/2008

Mendell

$545,000

N/A

$537,500

$540,000

$260,000

9/2006

N/A

107%

108%

7/2008

Bayview

$460,000

$560,000

$540,500

$546,000

$275,000

6/2005

104%

97%

99%

7/2008

Quesada

$790,000

N/A

$774,500

$410,000

$338,000

4/2006

N/A

130%

21%

6/2008

Revere

$610,000

$610,000

$592,000

$574,000

$360,000

10/2005

70%

65%

60%

3/2008

Ingalls

$615,000

N/A

N/A

$532,000

$383,150

4/2006

N/A

N/A

39%

5/2008

Shafter

$439,000

$483,518

$629,000

$582,000

$391,500

 

10/2002

24%

61%

49%

7/2008

Palou

$694,000

N/A

$679,000

$654,000

$397,000

1/2006

N/A

71%

65%

4/2008

Newcomb

$659,000

N/A

$589,500

$516,000

$400,000

 

3/2007

N/A

47%

29%

7/2008

Quesada

$550,000

$572,215

$554,500

$589,000

$422,000

 

6/2004

36%

32%

40%

5/2008

Revere

$750,000

$750,000

$726,000

$748,000

$435,000

 

12/2005

73%

67%

72%

5/2008

LaSalle

$495,000

N/A

N/A

$477,000

$437,650

9/2007

N/A

N/A

9%

1/2008

Ceres

$690,000

N/A

$613,000

$576,000

$439,950

 

2/2007

N/A

40%

30%

5/2008

Quesada

$637,000

$637,000

$617,000

$491,000

$440,000

 

10/2005

45%

40%

11%

5/2008

Jakey

$608,000

N/A

$597,000

$619,000

$440,000

 

4/2006

N/A

36%

41%

5/2008

Underwood

$825,000

N/A

$811,500

$540,000

$445,000

9/2006

N/A

82%

21%

2/2008

Palou

$660,000

N/A

$699,000

$626,000

$450,000

3/2005

N/A

56%

39%

5/2008

Jennings

$800,000

$800,000

$780,000

$746,000

$450,000

 

12/2005

78%

73%

65%

1/2008

McKinnon

$715,000

N/A

N/A

$614,000

$451,000

5/2006

N/A

N/A

36%

4/2008

Revere

$697,000

N/A

N/A

$653,000

$452,000

7/2006

N/A

N/A

45%

5/2008

Underwood

$745,000

N/A

$715,000

$718,000

$452,000

10/2006

N/A

58%

59%

5/2008

Oakdale

$700,000

$714,000

N/A

$855,000

$466,550

8/2004

53%

83%

7/2008

Shafter

$775,000

N/A

$750,000

$703,500

$470,000

9/2005

N/A

60%

50%

4/2008

Jennings

$430,000

N/A

$534,000

$613,000

$480,000

 

11/2003

N/A

11%

28%

8/2008

Revere

$725,000

N/A

$693,000

$555,000

$515,000

7/2006

N/A

35%

8%

6/2008

Latona

$530,000

$540,600

$534,500

$613,000

$530,000

8/2004

2%

>1%

28%

4/2008

Van Dyke

$740,000

$740,000

$755,000

N/A

$547,000

10/2005

36%

38%

N/A

7/2008

 

 Sales Data (Properties with no recent prior sale activity)

Summary of all sales in 2008 that did not have a recent prior sale

Zillow ABC Sales Price
Variance Variance
$549,200 $546,300 $456,100
21% 20% 0

The Following are all of the sales in Bayview 01/01/2008 - 08/01/2008 that did not have a recent prior sale

Property

Zillow

ABC

Sale Price

Variance

Variance

Date

Williams

N/A

$606,000

$280,000

N/A

117%

5/2008

Palou

$545,500

$644,000

$300,000

82%

115%

5/2008

Quesasda

$394,000

$388,000

$360,000

9%

8%

3/2008

Shafter

N/A

$532,000

$371,000

N/A

44%

7/2007

Revere

$486,500

$514,000

$400,000

22%

29%

5/2008

Revere

$689,000

$671,000

$410,000

68%

64%

4/2008

Quesada

$554,500

$589,000

$422,000

31%

40%

6/2008

Yosemite

$444,000

$482,000

$431,000

3%

12%

2/2008

Newhall

$516,000

$517,000

$450,000

15%

15%

5/2008

Jerrold

$494,500

$521,000

$475,000

4%

10%

2/2008

Shafter

$486,500

$461,000

$503,500

3%

-8%

4/2008

Thomas

$606,000

$63,100

$605,000

>1%

4%

3/2008

Oakdale

$679,000

$492,000

$670,000

>1%

27%

6/2008

VanDyke

$694,500

$600,000

$710,000

2%

-16%

2/2008

 

 

 

 


John K. Emery, CREA 350 Victoria Street San Francisco, CA 94132
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