Maryland Real Estate Video Blog with Jay Day: What Exactly Is a CMA?

What Exactly Is a CMA?



There are a variety of opportunities in the Maryland and Southern PA real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Recently, a few people have asked us what a CMA is, so today we thought we would answer just that.

A comparative market analysis, or CMA, is not the same as an appraisal. A CMA is where we utilize different data points - found by searching all homes currently on the market, homes that are currently under contract, and homes that have sold within that last three or four months - to determine a true value for your home. The idea is to find similar homes to compare to the home in question.

A CMA gives you a good idea of what your home could sell for in today's market. So, if you're thinking you want to sell, or simply want to see what your home is worth in the current market, give us a call or shoot us an email. We would be happy to provide a comparative market analysis for you!