Cambridge

Somerville

Salem

Boston

Arlington

Everett

Cambridge

Mengnan Chen

Compass

Mengnan Chen

Compass

$1mmedian price

25homes sold

2buyer transactions

Mengnan Chen's Top Cities

Listings closed in the past 24 months

Cambridge15

Somerville4

Salem2

Boston2

Arlington1

Medford1

Shrewsbury1

Everett1

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Performance Summary

Since April 2022, Mengnan Chen has closed 25 transactions representing homeowners, and 2 transactions representing buyers with a total production value of $28M and a median price of $952k. Most of Mengnan Chen's transactions are condos.

Massachusetts

Select a market segment:

All Property Types

All Price Ranges

$300k or less

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

86%

Market Average

82%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

107%

Market Average

101%

Speed To Sale

SPEEDDays on Market

10 Days

+100% faster

Market Average

20 Days

Mengnan Chen’s Performance by City

Compare Mengnan Chen’s performance to other agents based on price range and property type.

Cambridge, Massachusetts
ZIP: 02141
ZIP: 02138
ZIP: 02140
ZIP: 02139

Select a market segment:

All Property Types

Single Family Homes

Condos

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Mengnan Chen has sold 15 listings in Cambridge. The market average for similar properties sold in this area is 2, meaning Mengnan Chen has sold 8 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

83%

Market Average

71%

Mengnan Chen has a close rate of 83% for listings in Cambridge. The market average for similar listings in this area is 71%, so Mengnan Chen has closed 12% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

107%

Market Average

100%

Mengnan Chen closed listings in Cambridge at more than 107% of the original listing price. The market average for similar properties is 100%, meaning Mengnan Chen closes listings 7% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

10 Days

+120% faster

Market Average

22 Days

Mengnan Chen's average days on market for listings in Cambridge is 10 days. The market average for similar properties is 22 days, meaning Mengnan Chen closes listings 120% faster than their peers.

Somerville, Massachusetts
ZIP: 02145
ZIP: 02143

Select a market segment:

All Property Types

Condos

Townhomes

Multi-family

All Price Ranges

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Mengnan Chen has sold 4 listings in Somerville. The market average for similar properties sold in this area is 1, meaning Mengnan Chen has sold 4 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

80%

Market Average

71%

Mengnan Chen has a close rate of 80% for listings in Somerville. The market average for similar listings in this area is 71%, so Mengnan Chen has closed 9% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

99%

Market Average

100%

Mengnan Chen closed listings in Somerville at 99% of the original listing price. That’s a drop of 1% from the original listing price. The market average in this area is 100%, meaning Mengnan Chen drops the listing price by 1% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

9 Days

+122% faster

Market Average

20 Days

Mengnan Chen's average days on market for listings in Somerville is 9 days. The market average for similar properties is 20 days, meaning Mengnan Chen closes listings 122.2% faster than their peers.

Salem, Massachusetts
ZIP: 01970

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Mengnan Chen has sold 2 listings in Salem. The market average for similar properties sold in this area is 1, meaning Mengnan Chen has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

89%

Mengnan Chen has a close rate of 100% for listings in Salem. The market average for similar listings in this area is 89%, so Mengnan Chen has closed 11% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

109%

Market Average

102%

Mengnan Chen closed listings in Salem at more than 109% of the original listing price. The market average for similar properties is 102%, meaning Mengnan Chen closes listings 7% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

9 Days

+122% faster

Market Average

20 Days

Mengnan Chen's average days on market for listings in Salem is 9 days. The market average for similar properties is 20 days, meaning Mengnan Chen closes listings 122.2% faster than their peers.

Boston, Massachusetts
ZIP: 02131
ZIP: 02127

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

66%

Mengnan Chen has a close rate of 100% for listings in Boston. The market average for similar listings in this area is 66%, so Mengnan Chen has closed 34% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

99%

Mengnan Chen closed listings in Boston at more than 101% of the original listing price. The market average for similar properties is 99%, meaning Mengnan Chen closes listings 2% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

25 Days

Market Average

23 Days

Mengnan Chen's average days on market for listings in Boston is 25 days. The market average for similar properties is 23 days, meaning Mengnan Chen closes listings 2 days slower than their peers.

Arlington, Massachusetts
ZIP: 02474

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

86%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

123%

Market Average

103%

Mengnan Chen closed listings in Arlington at more than 123% of the original listing price. The market average for similar properties is 103%, meaning Mengnan Chen closes listings 20% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

8 Days

+75% faster

Market Average

14 Days

Mengnan Chen's average days on market for listings in Arlington is 8 days. The market average for similar properties is 14 days, meaning Mengnan Chen closes listings 75% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

508 SOMERVILLE AVENUE UNIT #1

Somerville

Condominium

3 BR | 2 BA

seller

January 17, 2024

3 months ago

19 HOWE STREET

Somerville

Multi-Family

3 BR | 3 BA

seller

November 08, 2023

6 months ago

99 RINDGE AVENUE

Cambridge

Single Family House

5 BR | 4 BA

seller

November 08, 2023

6 months ago

21 HOWE STREET

Somerville

Townhouse

4 BR | 2 BA

seller

November 08, 2023

6 months ago

29 CONCORD AVENUE UNIT #707

Cambridge

Condominium

2 BR | 1 BA

seller

November 02, 2023

6 months ago

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