Quarterly Real Estate Reports for Antioch, Brentwood, Oakley, Discovery Bay, Pittsburg, and Bay Point, California Updated January 20th, 2020 Market Statistics Report for the 4th Quarter of 2019 2019 ends with home prices up, down and flat. Inventory of homes on the market historically low. Mortgage interest rates continue low! What does all that mean […]
Articles about the Median Sales Price of Real Estate
What’s the Difference Between Average Sales Price, and Median Sales Price?
In real estate, half of the homes in an area sell above the median price, and half of the homes sell below the median price. So, the middle price.
The average—or “mean”—adds up all the sales prices of the homes sold, and divides by the number of houses sold.
What $500,000 Will Buy You In Brentwood, CA vs. San Jose, CA
OK, we all know that buying a home in California comes at a price. And that price is steep compared to most of the country. But, there are still affordable communities in and around the Bay Area. So we thought it would be a good idea to do a comparison between what kind of home […]
![Online Estimate vs. Professional CMA: What's the Real Difference? 🏠
An automated valuation gives you a number. A Comparative Market Analysis (CMA) gives you a strategy.
Here's what a professional CMA includes that algorithms can't provide:
👁️ Physical Inspection – I actually walk through your home and assess condition, updates, and appeal
📍 Micro-Local Expertise – Street-by-street knowledge that impacts value (premium locations, school zones, neighborhood trends)
📊 Adjusted Comparables – Not just recent sales, but analyzed and adjusted for YOUR home's specific features
💡 Market Intelligence – Current buyer demand, inventory levels, and pricing strategy for today's conditions
🎯 Strategic Positioning – How to price to attract the right buyers and maximize your return
The difference? An algorithm assumes your renovated kitchen is "average." A CMA quantifies it: "$15,000 premium for modern finishes vs. comparable with dated oak cabinets."
Your home deserves more than a number—it deserves a strategy. Learn why professional valuation still matters in our latest blog post.
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Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com
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