In the real estate industry, a comparative market analysis (CMA) is an estimate of your home's value based on recently sold and similar properties within close proximity to it. A CMA can be used by sellers or buyers as they set listing prices for their property or make competitive offers to purchase another house respectively- so that you get the most accurate idea possible about what houses are worth around your area!
You'll see a breakdown on potential home buying power at both $600,000 and $750,000 in Monmouth County included to the right.