No two homes are identical, which is why choosing a sales price or an offer price for a home can be challenging. That's where comparable market analysis, or a CMA, can be useful. CMAs are side-by-side comparisons of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields, such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales, and homes recently put on the market.