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The following is an example of a Comparable Market Analysis (CMA), which
can help to develop a market value for a particular property in which you may be interested. In this example, the
house in which you are interested in, 107 Oak Street, is the Subject (S) property. The other properties are those that have sold in the last year or
so, and show their listing prices as well as sold prices. An effective CMA lists as many properties as possible
that are both comparable in size and style as well as in as close proximity to the subject property as possible.
If an Agent is representing you as a Buyer's
Agent, they will have no problem developing a CMA for you.
If you are dealing with the Seller's Agent, they may not be able to develop a CMA if it could potentially weaken
the bargaining position of the seller.
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COMPARABLE MARKET ANALYSIS
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Developed for: Jack
and Debra Byers by Doreen
D. Agent
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Address
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Bedrooms
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Baths
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Square Ft.
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Garage
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List Price
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Sold Price
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DATE
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S
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107 Oak
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4
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2
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1804
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Y
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$153,500
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1
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124 Oak
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4
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2
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1788
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N
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$147,500
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$145,000
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11/18/03
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2
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377 Pine
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4
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2
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1896
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Y
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$152,900
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$152,000
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8/15/04
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3
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118 Cedar
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4
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2 1/2
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1912
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N
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$149,950
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$149,950
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10/5/03
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4
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866 Pecan
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4
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2
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1692
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N
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$145,000
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$142,750
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5/12/04
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5
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798 Pecan
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4
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2
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1692
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N
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$154,000
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$152,000
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7/1/04
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Average List Price: $149,870 Average Sold Price: $148,340 Average Sq.
Ft: 1796
Average Sold per Sq. Ft: $82.59
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