The term "recent sales" refers to transactions that have occurred within a relatively short period of time, usually implying that they happened recently or are current. Full definition
With an appraisal, a professional estimates the property's market value based on recent sales of comparable properties. (rismedia.com)
An appraiser will provide records of recent sales in the area that are similar to the one being financed. (civicfs.com)
An appraisal is a professional estimate of a property's market value, based on recent sales of comparable properties, location, square footage and construction quality. (mdsuburbs.com)