Property Valuation
In a Pennsylvania CMA (Comparative Market Analysis), a licensee should use comparable sales from within what time frame to be most meaningful in a stable market?
A5 years
BWithin the past 3 years
CWithin the past 6–12 months✓ Correct
DWithin the past 30 days only
Explanation
In a stable market, CMAs typically use comparable sales within the past 6 to 12 months for the most relevant data. In rapidly changing markets or rural areas with fewer sales, the time frame may be extended while applying time adjustments.
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