Comparative Market Analysis (CMA)
Property ValuationDefinition
A method of estimating property value by comparing to similar recently sold properties — increasingly AI-enhanced.
A CMA evaluates a property against recently sold comparable properties with similar characteristics. AI-enhanced CMAs instantly identify the most relevant comps, adjust for feature differences, weight by recency and proximity, and generate professional reports in minutes. Combines algorithmic analysis with agent expertise — the preferred method for listing presentations and buyer consultations.