The way that you would have to estimate the market value would be to make use of adjusted prices from active listings and pending listings.
This is the term that is used to refer to comparative market analysis. This is very useful in the real estate business.
The reason it is useful is due to the fact that the lister would be able to check the prices that are prevalent in the market.
The reason why the real estate agent would go to do the comparative market analysis is due to the fact that they want to get the real and the true value of a property.
They do this so as they would not have the issue of undervaluing a product or placing a higher value on the house that that want to have listed.
Hence the the estimate of the market value of the house is going to be done with the use of the adjusted prices from active listings.
read more on comparative market analysis here:
https://brainly.com/question/22383403
#SPJ1
