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What is a comparable sale or comparable listing?

A comparable sale or listing is a recent sale or listing, typically in the last six months, of a property that is similar to the subject property in terms of physical and functional attributes and location.

Please note: The terms "bank" and "banks" used in these answers generally refer to national banks, federal savings associations, and federal branches or agencies of foreign banking organizations that are regulated by the Office of the Comptroller of the Currency (OCC). Find out if the OCC regulates your bank. Information provided on HelpWithMyBank.gov should not be construed as legal advice or a legal opinion of the OCC.

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