Donna Rowe
YOUR NORTHERN KENTUCKY REALTOR

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FREE Comparative Market Analysis for Northern Kentucky Sellers


Get A Free CMA Report ($150.00 Value)



UNDERSTANDING A CMA

Comparative Market Analysis


Your house is probably the most valuable possession that you have. We must set a list price that represents top market value, without going so high that it does not sell at all. This can only be achieved by thoroughly understanding the market.



FOUR IMPORTANT CATEGORIES:

1. ACTIVE LISTINGS
By looking at the properties currently listed, we can see what alternatives a serious buyer has to choose from.


2. COMPARATIVE PROPERTIES SOLD
By looking at similar properties recently sold, we can see what homeowners have actually received over the last 6 months and calculate the average days on market.


3. SALES PENDING
By looking at properties that have recently gone under contract, we can get the best indication of buyers actions in the current market place.


4. EXPIRED LISTINGS
By looking at homes that failed to sell, we can determine the point where the price would be too high.


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