When analyzing listings of the subject property, what does USPAP require at a minimum?

The correct answer emphasizes that USPAP requires appraisers to consider current listings of the subject property as part of their analysis. Current listings provide a snapshot of the market's current conditions and reveal how similar properties are positioned in the market at the time of the appraisal. This is essential for establishing an accurate and realistic value for the property being appraised.

Focusing on current listings allows the appraiser to assess competitive properties that are actively available for sale and understand pricing dynamics and buyer expectations. This analysis is crucial because it reflects the most relevant data and trends, which ultimately enhances the reliability of the appraisal.

Other options like considering all listings from the last year or the last three years may include outdated information that does not accurately represent the current market situation. Similarly, evaluating any future listings is speculative and does not provide a concrete basis for valuation. Therefore, emphasizing current listings aligns with USPAP’s principle of ensuring appraisals are based on the most relevant and timely data available.