comparable sales


The recent selling prices of similar properties in the area that are used to help determine the market value of a property, with the assumption that the subject property will sell at a similar price to other similar properties. Also called Comps or Comparables.

Use comparable sales in a sentence

You should try and figure out if your comparable sales are on par with the other companies in your areal.

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My real estate broker instructed me that I should try to sell my house for $300,000 after looking at many comparable sales in my neighborhood.

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The comparable sales numbers of the houses in Shady Meadow Estates provided enough information that made Jane think she could list her house at 1.2 million.

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comparable comparables