What is A Market Analysis?
A comparative market analysis is the act of determining a homes current
market value, by looking at the prices of similar properties that are
currently listed on the market, homes that have sold in the past six
months, and listings that did not sell at all. In collaboration with
these statistics, the length of time each property was on the market
is then evaluated. Then lastly compare prices listed on the "sold"
properties to the price they actually did sell for. It is important
to understand that expired listings are typically caused by overpricing.
The final evaluation of all of these factors brings you to the average
of what the homes sold for as well as the length of time this was achieved.
This is why it is called....a "Comparative Market Analysis".
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What
did that home sell for?
Quickly find out what the home down the street sold
for. If you are considering selling your home, you are
probably wondering what other homes in your area are
selling for. There might be one home in particular you
want to know about, or you might be interested in all
the homes that have sold recently in your neighborhood.
We can help! The Amanda Howard Team can tell you exactly
what any home sold for in your area. We can also furnish
you with a list of homes that have recently sold on
your street or in your neighborhood. The Amanda Howard
Team can also tell you about homes similar to yours
that are currently for sale, and this service is entirely
free, and without obligation. |
