{
  "url": "sellingrealestateflorida.com/faq/what-is-the-difference-between-a-market-report-and-a-comparative-market-analysis",
  "name": "What is the difference between a market report and a comparative market analysis (CMA)?",
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      "name": "What is the difference between a market report and a comparative market analysis (CMA)?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "A market report provides a broad overview of general trends across a wider geographic area or property type, offering a macro-level perspective. In contrast, a Comparative Market Analysis (CMA) is a more detailed, specific report prepared by a real estate agent for a particular property, comparing it to recently sold homes, active listings, and expired listings in its immediate vicinity. A CMA aims to determine a precise market value for a single property. Kelby Contreras - Realty ONE Group Evolution uses both: market reports for general insight and CMAs for granular property valuation.",
        "@type": "Answer",
        "description": "A market report offers broad trends, while a Comparative Market Analysis (CMA) provides a precise valuation for a specific property using local comparable sales."
      }
    }
  ],
  "description": "A market report offers broad trends, while a Comparative Market Analysis (CMA) provides a precise valuation for a specific property using local comparable sales"
}