Definition of "Market analysis"

Talia Caviness real estate agent

Written by

Talia Cavinesselite badge icon

Coldwell Banker Realty

Market Analysis in the Real Estate Market is basically research done concerning specific properties in relation to the overall current climate of the real estate industry. A good evaluation will take into consideration economic, geographic and psychological factors of that market. Anyone can do a Market Analysis. All it takes is a good eye for good data and a good annalistic way of thinking to assert correlations to prices, costs, timing, demography, and competitiveness of a specific area. If you are able to get all of that, you’re in route for a great Market Analysis.

From agents to homeowners and home buyers; a real estate Market Analysis is an important tool for everyone involved in a sale of a house. But good real estate agents or brokers are constantly analyzing the current overall situation of the real estate market to stay on top of their games, predict trends, and, if possible, control them to capitalize on opportunities to make the best deals for their clients.

 

Real Estate Tips:

Learn correlated terms by searching our Glossary Terms!

Or take a look at our Agent Directory to get a professional to analyze the market for you!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Right to select something or perform some act. An example is a renter of property that is given the option to buy the home at the end of the rental period or to renew the lease. Not ...

The net operating income definition is the total profit generated by a business or real estate development after the necessary operating expenses are taken out. In order to determine the ...

Concrete or timber beam that serves as a support in the wall structure of a building. Concrete tie beams are often reinforced with steel rods. ...

(1) An arrangement to buy real estate at a specified price and conditions. The failure to honor the commitment may result in damages. (2) Bank commitment to lend money in connection with ...

How one looks at things; opinion. An example is a prospective buyer of a house who considers the asking price to be a great deal. What something looks like at a distance. An example is ...

Direct line of descent as from father to son. An example of a lineal hereditament would be passing of the title of real property by virtue of a will to the first-born son. ...

List of records kept of what is owned by an individual such as the deed to a house and the title to land. ...

The accelerated depreciation definition is a type of depreciation that makes it possible for a homeowner or real estate investor to depreciate their property faster than the straight-line ...

Opening in the wall of a structure to let in air and light. ...

Popular Real Estate Questions