The comparative market analysis is a report made specifically for you that is comprised of “comparables”. Comparables, are properties similar to yours that have recently sold in your area. The market is also influenced by offer and demand, which is why I also evaluate similar properties that are for sale at the time of listing. The report gives a clear picture of your property’s market value and helps determine the best asking price to ensure a sale within a reasonable period of time. Ultimately, the sale price will be the highest expected price within the context of the current market.