How To Do A Comparative Market Analysis Calculator

Introduction & Importance

Comparative market analysis (CMA) is a crucial process in real estate that helps determine the market value of a property. It involves comparing the subject property with similar properties that have recently sold in the same area…

How to Use This Calculator

1. Enter the price of the property you want to analyze.
2. Enter the price and size of two similar properties that have recently sold in the same area.
3. Click ‘Calculate’.

Formula & Methodology

The calculator uses the following formula to calculate the adjusted sales price of the subject property:

Adjusted Sales Price = (Subject Property Price * (Comparison Property Size / Subject Property Size))

Real-World Examples

Data & Statistics

Average Home Prices by City (2021)

City	Average Price
New York	$675,000

Home Price Appreciation (2020-2021)

City	Appreciation (%)
Los Angeles	12.4%

Expert Tips

• Always use recent sales data (within the last 6 months) for your comparisons.
• Consider using more than two comparison properties to get a more accurate result.

Interactive FAQ

What is a comparative market analysis?

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For more information, see the Realtor.com guide on comparative market analysis.