Blog > What Is a CMA in Real Estate? (And Why You Need One)
If you’re thinking about selling—or even just curious about your home’s value—you’ve probably heard the term CMA thrown around. But what is a CMA, and why does it matter in Louisiana real estate?
Let’s break it down in plain language.
🧾 CMA = Comparative Market Analysis
A Comparative Market Analysis (CMA) is a detailed report your agent creates to determine what your home is worth based on recent sales, active listings, and market trends.
It’s not an appraisal, but it’s often more current and market-savvy—especially in fast-moving markets like Baton Rouge.
🧩 What’s Included in a CMA?
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Comparable homes (similar size, features, location)
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Price per square foot analysis
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Time on market for similar homes
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Price trends over 3–6 months
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Adjustments for upgrades, condition, or lot size
🏠 Why Sellers Need a CMA
Pricing your home right from day one is crucial. Overpriced homes sit. Underpriced homes leave money on the table. A CMA gives you the data-driven strategy to list confidently and attract serious buyers.
💡 Why Buyers Should Ask for a CMA
Before making an offer, we can create a buyer-focused CMA to:
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Determine if the home is fairly priced
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Help you structure a competitive offer
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Identify negotiation opportunities
Can You Get a CMA Without Listing?
Yes! We offer free, no-obligation CMAs to homeowners in East Baton Rouge, Livingston, Ascension, and surrounding parishes—even if you're just curious.
📞 Call Tracy Mathis at (225) 268-1110 or visit WorkWithTracy.com for your free CMA today.
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Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747