How Much is My Home Worth! |
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Your Halifax MA real estate agent will likely offer to do a CMA (Comprehensive Market Analysis) in order to determine your Halifax home's market worth. CMA reports generally contain data on five types of comparable listings in Halifax Massachusetts: Active, Pending, Sold, Off-Market/Withdrawn, and Expired. Active listings are homes currently for sale; these will be your competition on the market, though the prices do not necessarily reflect actual market value since the seller can name whatever price they want. Pending sales are formerly active listings that are now under contract. While the actual sold prices of these listings are not available until the sale closes, pending sales will give you an indication of where the market is headed; if your home is priced above the list of these pending sales, you may face a longer time on market. Sold listings are homes that have closed within the past six months. Along with the pending sales, these are the listings used by the appraiser to determine your home's market value. Off-market, withdrawn and canceled listings are homes that have been removed from the market for a variety of reasons. Most commonly, a listing is withdrawn because the sale price is too high. Expired listings typically have the highest median list price because they did not sell and were most likely unreasonably priced. A listing may also expire if it is poorly marketed or if the property is in disrepair. When examining comparable sales in Halifax MA, you should look at the listed homes that are closest to your own in size, shape, age, condition and location. These will help you to gauge the direction of the market and the factors that will be most important in determing your Halifax home's market value (and ultimately, its sale price). The CMA report is only one of the many tools available to the prospective seller; your Halifax Massachusetts real estate agent should offer a more comprehensive understanding of the market in your area. If you live in the Halifax, MA area, and are planning to sell your home within the next 12 months, let us help you establish your home's current market value. Please complete and submit the requested information and we will contact you. |
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Last Updated: 3/18/2008 ©2008. All rights reserved. |
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Review properties in any of the following categories of Halifax, MA real estate and homes for sale to help establish comparables for selling your home? Halifax, MA real estate and homes for sale can be analyzed in the following surroundings: Compare Halifax, MA real estate and homes for sale with the following exterior finishes: Find assistance with comparable Halifax, MA real estate and homes for sale through local realtors servicing Halifax and all surrounding communities: RE/MAX real estate, Coldwell Banker real estate, Century 21 real estate, Prudential real estate, Keller Williams real estate, Help U Sell real estate, Realty Executives real estate, Benchmark Properties real estate, ERA real estate, Better Homes real estate, GMAC real estate. Halifax, MA real estate and homes for sale should be considered in nearby locations, communities or subdivisions surrounding the Halifax, MA local neighborhood. Find Halifax, MA real estate and homes for sale by local area builders and developers in all locations and communities surrounding Halifax: New home builders, custom home development, zero lot line home construction, executive home construction, private subdivision home development, luxury home new construction, general subdivision new construction. For real estate directories in other states visit: To search MLS systems in other states visit: |