Comparative Market Analysis
HOW MUCH IS YOUR HOME WORTH?
If you are looking to sell your home in NJ, understanding the current market conditions and pricing your home right is among the most important steps towards successfully selling your home.
What’s in a Comparative Market Analysis?
A comparative market analysis is an evaluation of houses in your area, similar to yours (in size, amenities, and location) that are either on the market, have sold, or were listed but expired (usually, because they were priced too high and no one bought it) within a reasonable time period. A CMA report is typically compiled by a real estate professional right before your house goes on the market. It’s ideal to have your “comps” or comparable properties look back no more than three months when the market is in transition, and no more than six months in a more stable market.
Click this link for a free CMA, or simply give B. Quest Realty directly to speak to a professional today!