A comparative market analysis looks at homes comparable to yours in location, size and amenities. It analyzes data from comparable homes recently sold and those and homes currently on the market to arrive at a value range for your home.
Recently sold homes can tell you how prices are trending, and homes currently for sale constitute your head-to-head competition.
There are many other variables to take into consideration when setting a price, but a CMA is a good starting point when you decide how to price your home to sell.
-Shelly
Shelly Slovin, CRS | Prudential California Realty, John Aaroe Division | 818.887.3107 | 21021 Ventura Blvd | Woodland Hills, CA 91364
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