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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. Days on market. Year built.

Marketing 105
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Cape Coral Housing Market: Prices, Trends, Forecast 2023

Marco Santarelli

This report provides an overview of the housing market trends in Cape Coral as of January 2023, including median sale prices, average days on the market, number of homes sold, and migration and relocation trends. The average sale price per square foot was $237, up 3.3% increase compared to the previous year.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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Is HomeLight Legitimate? Testimonials Tell Story of Success and Customer Satisfaction

HomeLight

We partner with 28,000 agents in our nationwide network to find the highest rated agents that know your market. HomeLight’s matching algorithm accounts for factors like: the agent’s sale to list price ratio. average days on market ( DOM ) to show how fast they’ve sold homes like yours. market your property.

Agents 92
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How to prepare a comparative market analysis (CMA) report

Housing Wire

A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. Focus on properties that closed with reasonable terms and within a reasonable number of days on market. They are more appropriate for an appraisal.

Marketing 409
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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? I determine what is the most I can get out of it.