Comparative market analysis
A comparative market analysis is a comprehensive computerized market analysis of homes that can be considered similar to yours, or competitive in your neighbourhood.
![]() |
![]() |
Compare: two West Toronto homes
The analysis is divided into three categories:
- Similar properties that have recently SOLD
- Similar properties that have currently been LISTED
- EXPIRED LISTINGS
By carefully studying the comparable property locations, features and terms under which they are offered, we can develop a clear picture of the potential market for your property.
By looking at the properties currently listed, we can see exactly what alternatives a serious buyer has to choose from.
From the similar properties recently sold, we can see what homeowners have actually received over the last few months.
The expired listings could be a result of overpricing or other factors.
This is a similar process used by lending institutions in determining how much they will be willing to lend you for your home.