Wilmington

Newark

Claymont

New Castle

Smyrna

Wilmington

Michael Riches

Loft Realty

Michael Riches

Loft Realty

$319kmedian price

12homes sold

12buyer transactions

Michael Riches' Top Cities

Listings closed in the past 24 months

Wilmington13

Newark4

Claymont2

New Castle2

Smyrna1

Woodlyn1

Hockessin1

Camden1

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Performance Summary

Since March 2022, Michael Riches has closed 12 transactions representing homeowners, and 12 transactions representing buyers with a total production value of $8M and a median price of $300k. 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

84%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Speed To Sale

SPEEDDays on Market

6 Days

+67% faster

Market Average

10 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: 19804
ZIP: 19803
ZIP: 19805
ZIP: 19810
ZIP: 19802

Select a market segment:

All Property Types

Single Family Homes

Condos

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 7 listings in Wilmington. The market average for similar properties sold in this area is 3, meaning Michael Riches has sold 2 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

86%

Michael Riches has a close rate of 100% for listings in Wilmington. The market average for similar listings in this area is 86%, so Michael Riches has closed 14% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

Michael Riches closed listings in Wilmington 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

7 Days

+14% faster

Market Average

8 Days

Michael Riches's average days on market for listings in Wilmington is 7 days. The market average for similar properties is 8 days, meaning Michael Riches closes listings 14.3% faster 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 2 listings in Newark. 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

90%

Michael Riches has a close rate of 100% for listings in Newark. The market average for similar listings in this area is 90%, so Michael Riches has closed 10% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

106%

Market Average

100%

Michael Riches closed listings in Newark at more than 106% of the original listing price. The market average for similar properties is 100%, meaning Michael Riches closes listings 6% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

Market Average

6 Days

Michael Riches's average days on market for listings in Newark is 6 days. The market average for similar properties is 6 days, meaning Michael Riches closes listings at the same rate as 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

90%

Michael Riches has a close rate of 100% for listings in Claymont. The market average for similar listings in this area is 90%, so Michael Riches has closed 10% 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.

New Castle, Delaware
ZIP: 19720

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 1 listing in New Castle. The market average for similar properties sold in this area is 2, meaning Michael Riches has sold 50% less homes than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

Michael Riches has a close rate of 100% for listings in New Castle. 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

103%

Market Average

100%

Michael Riches closed listings in New Castle at more than 103% of the original listing price. The market average for similar properties is 100%, meaning Michael Riches closes listings 3% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

+17% faster

Market Average

7 Days

Michael Riches's average days on market for listings in New Castle is 6 days. The market average for similar properties is 7 days, meaning Michael Riches closes listings 16.7% faster than their peers.

Smyrna, Delaware
ZIP: 19977

Select a market segment:

All Property Types

Townhomes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Riches has sold 1 listing in Smyrna. 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

82%

Michael Riches has a close rate of 100% for listings in Smyrna. 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

100%

Market Average

100%

Michael Riches closed listings in Smyrna 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

6 Days

+83% faster

Market Average

11 Days

Michael Riches's average days on market for listings in Smyrna is 6 days. The market average for similar properties is 11 days, meaning Michael Riches closes listings 83.3% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

4031 SOCIETY DRIVE #4031

Claymont

Condominium

$190k | 2 BR | 2 BA

both

April 23, 2023

about 1 year ago

605 N COUNTRY CLUB DRIVE

Newark

Single Family House

$448k | 5 BR | 2 BA

buyer

March 21, 2023

about 1 year ago

1704 SYCAMORE STREET

Wilmington

Single Family House

$260k | 3 BR | 2 BA

seller

March 13, 2023

about 1 year ago

2809 BEXLEY COURT

Wilmington

Single Family House

$435k | 4 BR | 2 BA

buyer

March 07, 2023

about 1 year ago

4 GREENFIELD COURT

Newark

Single Family House

$228k | 3 BR | 1 BA

seller

March 06, 2023

about 1 year ago

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