A Comparative Market Analysis (CMA) is an evaluation used to determine the estimated price of a home. A CMA is made up of four components: current market conditions, an analysis of your property, similar comparable properties, and the price verdict. By analyzing the prices for each comparable we can determine the fair market value of a home. Once we determine the value, we can effectively implement a pricing strategy to maximize the selling price.
Current Market Conditions
Let’s have a look at the current market statistics and analysis relevant to your area and property type.