Find and Compare Mortgages at Quicken Loans

	COMPARABLE MARKET ANALYSIS EXAMPLE A Comparable (or Comparative) Market Analysis is developed by an Agent to compare similar properties in the same general neighborhood. It is an essential tool when attempting to determine the market value of a specific home. The property that is being compared is 1292 Washington Street, which is the "subject property." COMPARABLE MARKET ANALYSIS   Address Bedrooms Baths Square Ft. Garage List Price Sold Price DATE S 1292 Washington 4 2 1804 Y $153,500     1 1255 Washington 4 2 1788 N $147,500 $145,000 11/18/08 2 1146 Washington 4 2 1896 Y $152,900 $152,000 02/5/09 3 744 Jefferson 4 2 1/2 1912 N $149,950 $149,950 12/31/08 4 912 Jefferson 4 2 1692 N $145,000 $142,750 01/12/09 5 6602 Adams 4 2 1692 N $154,000 $152,000 03/31/09 Average List Price: $149,870 Average Sold Price: $148,340 Average Sq. Ft: 1796 Average Sold per Sq. Ft: $82.59 For a complete discussion on CMAs, see Understanding CMAs Back to Negotiation Back to "On Your Own" Back to Buyer Agency
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