Interactive Tool 📊
CMA Estimator
Enter comparable sales to calculate a suggested listing price range for any property.
📋 What Is a CMA?
A Comparative Market Analysis (CMA) is a method real estate agents use to estimate the fair market value of a property by comparing it to similar homes that have recently sold nearby. By analyzing the price per square foot of recent comparable sales — called "comps" — you can arrive at a data-backed listing price range for any subject property. This tool walks you through that process step by step, giving you a conservative, suggested, and aggressive price estimate based on the comps you enter.
1 Subject Property
2 Comparable Sales
2 of 5 comparables entered
| Address | Sale Price ($) | Sq Ft | Beds | Baths |
|---|
📈 CMA Results
Comparable Sales Summary
| Address | Sale Price | Sq Ft | $/Sq Ft |
|---|
Avg $/Sq Ft
—
Lowest $/Sq Ft
—
Highest $/Sq Ft
—
Suggested Listing Range
Conservative
—
Avg $/sqft −5%
Suggested
—
Avg $/sqft
Aggressive
—
Avg $/sqft +5%
Tips for Finding Good Comps
- Stay within 1 mile of the subject property — closer is always better in dense markets.
- Use sales from the last 3–6 months only; anything older may not reflect current market conditions.
- Match on similar size — try to find comps within 15–20% of the subject's square footage.
- Adjust for features: a comp with an extra bathroom or a pool warrants a price adjustment up or down.
- Aim for 3–5 comps minimum for a reliable estimate — one or two outliers can skew the average significantly.
- Use MLS, Zillow "recently sold," or your broker's tools to pull accurate closed sale prices, not list prices.