Market Analysis
A Comparative Market Analysis (CMA) is a report that realtors use to help determine the accurate value of your home. We use similar properties in your area that have been recently listed, sold or haven't sold at all. All of these give us insight into what your home could sell for in today's market with the current market conditions.
Our CMA will look at what makes your property unique or things that are either better in your home or make your home less desirable when compared to other properties that have sold. These things will affect the value of your home.
It is important to price your home well as when you price too high, your property could sit on the market for months. When a home is listed for more than 90 days, buyers can grow suspicious as to the reason why it hasn't sold yet, which drastically reduces interest and deters other prospective buyers. Having a home that is priced well will ideally attract a variety of buyers, which is why a CMA is so important.