Galena & Northwest Illinois Homes For Sale and Real Estate Information

presented by Nora and Ward Stone at RE/MAX of Naperville

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Market Analysis   (CMA)

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To get started, simply complete the form below and click SEND.

Important: all fields marked * below are required. Incomplete forms are rejected by the Market Analysis system as SPAM


First Name*
Last Name*
Property Address*
City*
State*
Zip*
Type of home (single family, townhome, condo, etc.)*
Approx. Square Footage
Bedrooms*
Bathrooms*
Basement? (No, Yes unfinished, Yes finished)*
Garage? (Attached, Detached, 1 car, 2 car, 3 car, etc.)*
Additional features or upgrades?
How soon do you plan on listing the property?*
Your mailing address (if different from the property address)*
Email*
Phone() -
Please tell us how you found GalenaRealEstateCentral.com?*
 

Comparative Market Analysis in Real Estate



Definition: When working with Sellers to determine a listing price or with Buyers to check value before offers to purchase, real estate agents do what is known as a Comparative Market Analysis, or CMA.

By going to sold property records, the Real Estate Professional selects recently sold properties that are similar to the subject property and in the same area. By comparing these properties, and adjusting for feature differences, an estimate of value is made for the subject property.

A thorough CMA might also include comparison to currently listed similar properties in the area. This would allow an assessment of the current competition and might lead to an increase or decrease in the estimate based on the sold properties.

Also Known As: CMA, comparables analysis


 
 
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