A survey of attributes and selling prices of comparable properties on the market or that have recently sold; used to assist in determining a reasonable pricing strategy for a Seller’s property.

A real estate evaluation that estimates the current market value of a home by comparing it with recently sold homes in the same area.

A listing of recent home sales in the neighborhood, used as a basis for price comparison. This is prepared by a real estate agent. Also known as a "comp."

A comparison of sale prices of similar properties in a given area for the purpose of determining the fair market value of a property.

A study of comparable homes, usually in close proximity to a specific property. Indicators such as square footage, number of bedrooms, lot value, etc., are used to determine an estimate of value.

A Comparative Market Analysis (CMA) is done by a Realtor to help determine the probable sales price of a property. A good CMA will take into account recent sales, pending sales, and current listings that are within the same neighborhood and have similar characteristics as the subject property.

An informal estimate of market value that a real estate agent or broker calculates based on sales of comparable properties. An appraisal or a comparative market analysis are the most accurate ways to determine what your home is worth.

A report that indicates a property's value by using comparable properties for sale and properties that have sold.

An estimation of value or marketablity of a property based on an analysis of sales of properties with similar characteristics. Used by both Appraisers and Real Estate professionals.

An approach for estimating the value of a property by comparing the sales prices of similar properties that have recently sold.

a survey of attributes and selling process of comparable homes on the market or recently sold; used to help determine a correct pricing strategy for a seller's property.

A document provided by a real estate professional that surveys like properties in a given area or of a certain type for the purpose of determining the relative value of a given property.

An informal analysis designed to establish the listing price of a property, as opposed to estimating market value.

A non-appraiserâ€(tm)s version of an appraisal. It is not an appraiser for it is compiled by someone other than an appraiser — often times a Realtor. This is a list of all of the active, pending and closed listings in a specific area similar to a house in question. This data provides information that can be helpful in determining the value of a house.

A survey of attributes and selling prices of comparable houses listed for sale, recently sold or expired from the market; used to help determine correct pricing strategy for a seller's property.

A method of estimating a property's value by comparing the sales prices of similar properties that have sold recently.

The most widely used technique for REALTORS to establish the value of residential properties. It uses sales, competitive listings and expired listings to try to determine a probable selling price for the subject property. Used synonymously with Competitive Market Analysis.

A CMA gives an estimated sale price for a property given current market conditions. It's prepared by a real estate agent and it usually comes in report form. Most residential real estate agents don't charge a fee for preparing a CMA.

A method of appraisal in which selling prices of similar properties are used as the basis for arriving at the value estimate (a.k.a. the Market Data Approach).

An opinion of the market value of a home expressed by a real estate agent and not an appraiser.

An estimate of the value of a property based on an analysis of sales of properties with similar characteristics.

A formal analysis for determining the fair market value of a property. The procedure combines such factors as property condition and location, and compares these factors with similar properties currently on the market. A CMA helps pinpoint the price a seller should ask, and helps expedite We Help You Sell. Back

A survey of comparable homes recently sold or currently on the market used to help determine a fair market value for a seller's property.

Realistic estimate of a home's current market value based on the most salient points of the local real estate market.

A way to determine a property's value by comparing it to similar; recently sold properties. Method of valuing homes using study or comparables, property that failed to sell, and other property currently on the market.

A written CMA compares a home to comparable homes in the neighborhood that are either presently on the market or have sold in the last six months.

typically refers to a system or program used by real estate professionals to present the pricing section of a marketing presentation to a prospective seller.

an analysis of the recent sales prices of similar homes located near the subject property; it is generally used to help determine the fair market value for a homeowner interested in selling his or her home; a CMA is not an appraisal.

An informal estimate of market value performed by a real estate licensee for the seller to assist in arriving at an appropriate listing price, or if working with the buyer, an informal estimate of market value to assist the buyer in arriving at an appropriate offering price

The estimated value of property based on the comparison of like properties.

Method of valuing homes using the study of comparables, property that failed to sell and other property that currently on the market.