Comparative Market Analysis
Interested in a “Quick” Comparative Market Analysis for your property?
A Comparative Market Analysis (CMA) estimates a price range for a property based on recent “nearby” sales. A CMA is not an appraisal nor does it guarantee a sales price.
CMAs may include “Active” properties and those properties currently under contract (“UCB” and “Pending”) as they can be indicative of current market activity and possibly become the next comparable sales.
CMAs may also include Days on Market (DOM), possibly the 2nd most referred statistic after price. Typically, the better priced and/or higher in demand properties will have the lowest days on market. Seller motivation can also be a factor.
Keep in mind. Two properties, identical in size and adjacent, may be valued differently! Considerations include, but are not limited to, terrain, floodplain, physical and legal access. Improvements such as utilities (availability of water, electric, etc.) and even fences, walls, and structures also may impact value.
If interested, please complete this brief form.* As soon as the analysis is complete, you will receive an email with a link to your CMA.
* In keeping with the Realtor Code of Ethics, this CMA offer is intended only for those not currently represented by another Realtor.