A CMA is a report which compares your home to similar homes, i.e. similar in age, size, number of bedrooms, etc. in your area. This report indicates homes that have been sold, cancelled or expired over the past six months and those currently for sale and pending sale. The "Solds" will give you an idea or track record of sales over the previous six months. The “Pendings” do not give you the sold price, but instead give you the asking price which indicates recent activity. The “Actives” indicate your current competition and the “cancelled/expireds” give you an idea of how many homes failed to sell and at what price. By analyzing this information, a real estate professional can determine an approximate current market value for your home.

We use the values established by the solds for a track record. The number of “pendings” vs. “actives” gives us a look at current activity levels and the “expireds” will show you how many failed to sell. Put all of this together and we have a fair idea of your home’s value. We suggest driving by the homes on this list to get a better idea of how they compare to yours.

Your information will be kept strictly CONFIDENTIAL and will NOT be shared with any other party or mailing list as confirmed in our privacy policy.