Property Valuation
A comparable sale in a competitive market analysis (CMA) is typically considered most reliable when it:
ASold within the last 5 years
BIs physically identical to the subject property
CSold recently (within the last 3–6 months) near the subject property✓ Correct
DWas sold by the same listing broker
Explanation
The most reliable comparable sales are recent (typically within 3–6 months), geographically proximate (in the same neighborhood or market area), and physically similar to the subject property. Recent sales reflect current market conditions more accurately.
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