A Comparative Market Analysis (AKA: CMA), is a report generated by a real estate agent that analyzes the prices of recently sold homes in a specific area. The report compares the features and characteristics of the subject property to those of similar homes that have sold recently to determine an estimated market value. A CMA is important because it helps buyers and sellers to understand the current market conditions and to price their properties accurately. For sellers, a CMA can help them to determine a competitive price that will attract potential buyers and generate a successful sale. It is also an excellent way to ensure you aren't leaving any money on the table.