What is a (CMA) comparable market analysis?
A Comparable Market Analysis (CMA) is an evaluation of similar, recently sold homes (usually within 3-6 months) near the property that you want to buy or sell. The Real Estate Agent performs the market analysis report to establish and find a fair market price range. The price range from the comparable market analysis can then be used as a guide to be used for establishing an offer price or a listing price for the property.
Performing the analysis involves finding homes that are similar to the property under consideration, and creating a comparison of its size, age, location, and features. By doing this analysis the real estate agent is able to determine how much the home is worth.
To request a comparable market analysis complete the form below and a R. Alexa Group real estate agent will contact you. Contact R. Alexa Group to sell your home.