BeverlyMolfino

A comparative market analysis is often performed for the selling party to estimate the best market price for a sale property. By comparing the subject property to recently sold properties in the same area, an estimated listing price can be determined. Sale prices, adjusted for differences in features between the two properties yields an estimated listing price for the subject property.

A market analysis can additionally include currently listed properties similar to the subject property in the area. This is a good measure of the current market competition, and may suggest an adjustment to the estimated listing price based on recently sold properties.

A market analysis can also be performed for the purchasing party to check property values before offering to purchase a particular property.

Currently, slightly reduced pricing and increased inventory makes the East Side of the Big Island a buyer's market. Properly priced properties are selling fairly quickly. There are several large acreage parcels on the Big Island of Hawaii, creating the perfect opportunity to purchase property that has been held in family trusts for generations.  This is the ideal market for land bankers and investors to acquire these exceptional properties. 

Check Realty Times for more information on current market conditions.

Comparative Market Analysis Request Form

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