Request CMA

    What is a (CMA) comparative market analysis?

    A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (called comparables or comps) that are near a home or homes that you want to buy or sell. Buyers, sellers, or real estate agents perform a CMA report to establish and find a fair price range for the home the report is created for. The price range from the CMA can then be used as a guide to be used for establishing an offer price or a listing price.

    Basically, performing a CMA involves finding the homes that are similar to the home under consideration, and creating an in-depth comparison of its size, age, location, and features of the home. It all comes down to one question: compared to other, comparable homes in this area, how much is this home worth? Answering that question involves looking at a fair amount of data on other homes in the current market.

    The process for doing a comparative market analysis includes:

    Defining criteria for selecting comparables in close range to the home

    • Determine a list of quality comparables
    • Evaluate the comparables within close range to the home
    • Adjust comparable values for differences in size, condition, location, amenities, etc
    • Estimate the ideal value of your target home based off the findings


    This is our first home buying experience. We have had some personal experiences with other people that have left us uneasy. After those experiences we find it hard to trust people. Lane has earned our trust with his honesty and willingness to help and be there for us whenever we need him. He has responded to all of our questions day or night. He as our agent has shown vast knowledge of the area and has answered all of questions and concerns we have honestly and promptly. If there may not be some…
    Bought a Single Family home in 2014 in Clemmons, NC.