COMPARATIVE MARKET ANALYSIS

A Comparative Market Analysis (CMA) is the strongest tool we use when estimating the potential selling price for your home. Thanks to our strategic partnership with data powerhouse Perchwell, Berkshire Hathaway HomeServices New York Properties agents are empowered with detailed analysis of comparable homes in your area. Using the valuable information, we will assist you in determine an attractive, yet realistic price for your home.

A Comparative Market Analysis highlights these types of homes in your neighborhood:

Active Listings

These homes are currently competing with yours for the attnetion of buyers. While it is very important to review homes that are on the market, keep in mind, these homes have not yet received an acceptable offer.

Under Contract

Homes that have received an accepted an offer give a good indication of realistic pricing.

Sold

Looking at recent sales prices in your neighborhood provides the best foundation in determining your home’s most accurate market value. Once adjustments are made for square footage and features, we can make a qualified recommendation for the asking price of your home.

Expired

Homes that have gone through the agreed-upon listing period without selling may be in poor condition or received little marketing attention. Most likely, the home was priced inappropriately for the market.