A CMA (comparative market analysis) is usually done by an experienced REALTOR. This can be done by locating similar properties that have sold within the last 6-12 months in your area and comparing the price to the subject home. There are usually far fewer luxury homes sold compared to regular priced homes. This makes understanding the market much more important in high-end housing. There can be different strategies to market your home according to what price range you set and how many qualified buyers are available in your market. Prestige Properties can help assist you in determining the correct listing price by showing you the most up to date information currently available.
The Value of Your Home