Wilmington

Newark

Claymont

Michael Riches

Loft Realty

Michael Riches

Loft Realty

$378kmedian price

4homes sold

5buyer transactions

Michael Riches' Top Cities

Listings closed in the past 24 months

Wilmington4

Newark3

Hockessin1

Claymont1

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Performance Summary

Since January 2023, Michael Riches has closed 4 transactions representing homeowners, and 5 transactions representing buyers with a total production value of $3M and a median price of $244k. Most of Michael Riches' transactions are single family homes.

Delaware

Select a market segment:

All Property Types

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

79%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Speed To Sale

SPEEDDays on Market

5 Days

+120% faster

Market Average

11 Days

Michael Riches’s Performance by City

Compare Michael Riches’s performance to other agents based on price range and property type.

Wilmington, Delaware
ZIP: 19805
ZIP: 19803

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 2 listings in Wilmington. The market average for similar properties sold in this area is 2, meaning Michael Riches's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

82%

Michael Riches has a close rate of 100% for listings in Wilmington. The market average for similar listings in this area is 82%, so Michael Riches has closed 18% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

102%

Market Average

100%

Michael Riches closed listings in Wilmington at more than 102% of the original listing price. The market average for similar properties is 100%, meaning Michael Riches closes listings 2% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

9 Days

Market Average

7 Days

Michael Riches's average days on market for listings in Wilmington is 9 days. The market average for similar properties is 7 days, meaning Michael Riches closes listings 2 days slower than their peers.

Newark, Delaware
ZIP: 19713

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 1 listing in Newark. The market average for similar properties sold in this area is 1, meaning Michael Riches's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

85%

Michael Riches has a close rate of 100% for listings in Newark. The market average for similar listings in this area is 85%, so Michael Riches has closed 15% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Michael Riches closed listings in Newark at more than 101% of the original listing price. The market average for similar properties is 100%, meaning Michael Riches closes listings 1% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

Market Average

5 Days

Michael Riches's average days on market for listings in Newark is 6 days. The market average for similar properties is 5 days, meaning Michael Riches closes listings 1 day slower than their peers.

Claymont, Delaware
ZIP: 19703

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 1 listing in Claymont. The market average for similar properties sold in this area is 1, meaning Michael Riches's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

Michael Riches has a close rate of 100% for listings in Claymont. The market average for similar listings in this area is 87%, so Michael Riches has closed 13% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

Michael Riches closed listings in Claymont at the original listing price. The market average for similar properties is also 100% of the original listing price, meaning Michael Riches has the same close rate as other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

3 Days

+100% faster

Market Average

6 Days

Michael Riches's average days on market for listings in Claymont is 3 days. The market average for similar properties is 6 days, meaning Michael Riches closes listings 100% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

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