Determining Your Home's Value

A Comparative Market Analysis (CMA) is a report prepared by a real estate agent to estimate the optimal listing price for a property. It evaluates recently sold homes (comparables or "comps") that are similar in size, condition, location, and features to the subject property. A CMA also considers current market trends, active listings, and expired listings that didn't sell. This data-driven approach is the most accurate method for pricing a home competitively to attract serious buyers without leaving money on the table.