Glossary · Buying & selling
What is Comparative market analysis (CMA)?
A CMA is a real estate agent's estimate of a home's value based on recent sales of comparable nearby properties.
Definition
Also known as: CMA
A comparative market analysis looks at recently sold, active, and expired listings similar to a given home — in size, location, age, and features — to estimate a realistic price. Agents use it to help sellers price a home and buyers make competitive offers.
Unlike a formal appraisal, a CMA is a pricing tool prepared by an agent. It's grounded in current market activity and local knowledge.
When comparative market analysis (cma) matters
- Pricing a home to sell
- Making a competitive, well-supported offer
- Understanding your local market
With Homeprint
How Homeprint helps with comparative market analysis (cma)
Homeprint's value insights complement a CMA, giving you an ongoing view of what your home is worth.
- Keep every related document in one secure place
- Track your home's value and finances over time
- Stay connected with trusted neighbourhood experts
Comparative market analysis (CMA) — FAQ
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