What Is A Comparative Market Analysis

A Comparative Market Analysis (CMA) is a tool Realtors use to evaluate the market and how it compares with the home being sold. We take the basic features of your home (i.e. bedrooms, bathroom, sq.ft., etc), find homes which are similar in location, size and structure which have recently sold, then analyze the price to establish a "Ballpark Price" for your home. This is not the same as an apraisal, but is a good tool to establish the listing price for your home.

There is no way to establish exactly what the home will sell for because each home has unique features and market trends to contend with. This tool will give you a good idea of what you will sell your home for. It should be used to help you decide whether the time is right to sell or if you will receive what you need to make the transaction worth while.

For those who have to sell because of a change in job or a new addition to the family, the CMA can help you establish where to price your home. If you are looking to move the property quickly, pricing at the lower end of the scale will help. If you have time, you are able to price your home higher on the scale and wait for the right buyer. Regardless of the market forces, trends and time to sell, Steve can help you successfully price your home to get the highest return on your investment.

To order your free CMA online, simply complete our online form. It will take little time and we need only the basic information. One completed we will contact you with details and to discuss your options & the market.If you need immediate assistance or have questions, please contact Steve or Georgi at (480) 220-6201 or email us.

 

 


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