WHAT’S IN A CMA?
The industry standard for a CMA usually consists of the following data:
Active listings are an indicator of how much competition there is in the market. They do not help determine the market value directly since every listing price
determined by the seller will not be a realistic one. More often than not, most properties will sell less than the listed price.
Pending listings are part of a CMA because they help give a general idea of the current market trend. These are listing that have not yet closed but are currently under contract. If your property is listed above the price of these pending listings, you might have to wait a little longer to close your sale.