Final answer:
A competitive market analysis in real estate involves evaluating factors such as nearby property values, house prices, and property features, but not the cleanliness of the title. The title is assessed separately during the due diligence process.
Step-by-step explanation:
A competitive market analysis in real estate typically includes evaluating several factors such as the relative value of nearby properties, the price of similar houses on the market, and the features of the property.
These factors help determine the competitiveness and market value of a property.
However, the title's cleanliness is not considered as part of a competitive market analysis.
The title refers to the legal ownership of the property and is usually assessed separately during the due diligence process.