Comparable sales, often referred to as "comps," are recent sales of similar properties used to determine the market value of a specific property. Real estate agents and appraisers analyze these sales to assess how much a property should sell for based on its features, location, and condition. To find comparable sales, professionals look for properties that are similar in size, age, and amenities within the same neighborhood. This method helps buyers and sellers make informed decisions by providing a realistic price range based on actual market activity, ensuring a fair transaction for both parties involved.