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Connects Connecting Your Real Estate Community Road N 8/30/13 10:03 AM Bird's eye 5 1 24 3 2500 feet 2500 500 m 500 2013 Microsoft Corporation 2013 Microsoft 2013 Nokia MLS # Status Address BR Tooth(F+H)
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A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes in a particular area to determine a home's market value.
Real estate agents and brokers are typically responsible for creating and filing CMAs when working with clients.
To fill out a CMA, a real estate professional will collect data on recent home sales in the area, analyze the market trends, and compare the subject property to similar homes that have recently sold.
The purpose of a CMA is to help determine the market value of a property and assist sellers in setting an appropriate listing price.
A CMA typically includes information on recent sales in the area, the condition of the subject property, and any unique features that may affect its value.
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