Comparative Market Analysis (CMA)
A method of determining the approximate market value of a home by comparing the subject property to other homes that have sold, are presently for sale, or did not sell in a given area. Also called: Competitive Market Analysis and Comparable Market Analysis.
More Real Estate Definitons
Money marketDeed of trustKilovoltIntestateYard LumberJalousiesHeat PumpHypothecationWork EquityZoning MapVacancy FactorArrearsOption ContractEasy Doc LoansBearerWattMutual MistakeLeachingValley RafterCy PresAnteMechanicGraded TaxCopingGazeboQuarter RoundInside TrimGround LevelCollusionZoneOpen MortgageJoint AdventureIrrevocableHummocksMitigationPossessory LienHiatusIsohyetal LineX-BracingWorkinghouseZero Lot LineHour-Inch