02/13/2024
What is a Comparative Market Analysis?
A Comparative Market Analysis or CMA is a report that contains valuable information on several recent real estate sales. It will include information on:
o How long each property stayed on the market
o How close the sale price was to the asking price
o Notes comparing each home to yours
Reviewing comparable homes that have sold within the past year, along with the listing or asking price on current homes for sale, should help you determine a fair sale price for your property.
