Since residential real estate values have changed greatly over the past few years, it helps to get an idea of what your home may be worth by obtaining a comparative market analysis (CMA) from a licensed real estate agent.
While a CMA does not provide an accurate value, like you would receive from an appraiser, it will help give an overview of the following details about your property and neighborhood:
- Active Listings
- Pending Listings
- Sold Listings
- Off-Market / Withdrawn / Canceled
- Size, Rooms, Garage
- Local Market Trends
- Days On Market
- Listed Price vs Sold Price
- Seller Contributions
- Seasonal Buying Patterns
- Available Inventory
- Location