West Palm Beach

Michael Melear

Douglas Elliman

Michael Melear

Douglas Elliman

$5mmedian price

2homes sold

1buyer transactions

Michael Melear's Top Cities

Listings closed in the past 24 months

3.5

4.5

5.5

6.5

7.5

8.5

9.5

West Palm Beach3

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Performance Summary

Since January 2023, Michael Melear has closed 2 transactions representing homeowners, and 1 transactions representing buyers with a total production value of $7M and a median price of $3M. Most of Michael Melear's transactions are single family homes.

Florida

Select a market segment:

All Property Types

All Price Ranges

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

15%

Market Average

71%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

93%

Market Average

95%

Speed To Sale

SPEEDDays on Market

100 Days

Market Average

31 Days

Michael Melear’s Performance by City

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

West Palm Beach, Florida
ZIP: 33405

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Melear has sold 2 listings in West Palm Beach. The market average for similar properties sold in this area is 1, meaning Michael Melear has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

29%

Market Average

61%

Michael Melear has a close rate of 29% for listings in West Palm Beach. The market average for similar listings in this area is 61%, so Michael Melear has closed 110.3% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

93%

Market Average

95%

Michael Melear closed listings in West Palm Beach at 93% of the original listing price. That’s a drop of 7% from the original listing price. The market average in this area is 95%, meaning Michael Melear drops the listing price by 2% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

100 Days

Market Average

35 Days

Michael Melear's average days on market for listings in West Palm Beach is 100 days. The market average for similar properties is 35 days, meaning Michael Melear closes listings 65 days slower than their peers.