While the sold data is useful, it doesn't capture nuances like "this house sold for 200k over asking and 175k over other bids because the buyer's agent mislead

While the sold data is useful, it doesn't capture nuances like "this house sold for 200k over asking and 175k over other bids because the buyer's agent mislead them and they were scared to lose." Often times a single large sale sets the bar for all future sales in the area; Zillow is a good example of how merely going off the sale history can quickly drive up prices.