Cambridge

Somerville

Salem

Arlington

Boston

Everett

Cambridge

Mengnan Chen

Compass

Mengnan Chen

Compass

$1mmedian price

20homes sold

0buyer transactions

Mengnan Chen's Top Cities

Listings closed in the past 24 months

Cambridge10

Somerville5

Salem2

Arlington1

Boston1

Everett1

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Performance Summary

Since January 2023, Mengnan Chen has closed 20 transactions representing homeowners, with a total production value of $22M and a median price of $964k. 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

80%

Market Average

82%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

108%

Market Average

100%

Speed To Sale

SPEEDDays on Market

9 Days

+122% 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: 02139
ZIP: 02141
ZIP: 02138
ZIP: 02140

Select a market segment:

All Property Types

Single Family Homes

Condos

All Price Ranges

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Mengnan Chen has sold 10 listings in Cambridge. The market average for similar properties sold in this area is 1, meaning Mengnan Chen has sold 10 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

77%

Market Average

70%

Mengnan Chen has a close rate of 77% for listings in Cambridge. The market average for similar listings in this area is 70%, so Mengnan Chen has closed 7% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

111%

Market Average

100%

Mengnan Chen closed listings in Cambridge at more than 111% of the original listing price. The market average for similar properties is 100%, meaning Mengnan Chen closes listings 11% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

9 Days

+133% faster

Market Average

21 Days

Mengnan Chen's average days on market for listings in Cambridge is 9 days. The market average for similar properties is 21 days, meaning Mengnan Chen closes listings 133.3% faster than their peers.

Somerville, Massachusetts
ZIP: 02143
ZIP: 02144
ZIP: 02145

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 5 listings in Somerville. The market average for similar properties sold in this area is 1, meaning Mengnan Chen has sold 5 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

71%

Market Average

70%

Mengnan Chen has a close rate of 71% for listings in Somerville. The market average for similar listings in this area is 70%, so Mengnan Chen has closed 1% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

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

Speed To Sale

SPEEDDays on Market

8 Days

+150% faster

Market Average

20 Days

Mengnan Chen's average days on market for listings in Somerville is 8 days. The market average for similar properties is 20 days, meaning Mengnan Chen closes listings 150% 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

88%

Mengnan Chen has a close rate of 100% for listings in Salem. The market average for similar listings in this area is 88%, so Mengnan Chen has closed 12% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

109%

Market Average

101%

Mengnan Chen closed listings in Salem at more than 109% of the original listing price. The market average for similar properties is 101%, meaning Mengnan Chen closes listings 8% 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.

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

88%

Mengnan Chen has a close rate of 100% for listings in Arlington. The market average for similar listings in this area is 88%, so Mengnan Chen has closed 12% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

123%

Market Average

104%

Mengnan Chen closed listings in Arlington at more than 123% of the original listing price. The market average for similar properties is 104%, meaning Mengnan Chen closes listings 19% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

8 Days

+63% faster

Market Average

13 Days

Mengnan Chen's average days on market for listings in Arlington is 8 days. The market average for similar properties is 13 days, meaning Mengnan Chen closes listings 62.5% faster than their peers.

Boston, Massachusetts
ZIP: 02131

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Mengnan Chen has sold 1 listing in Boston. The market average for similar properties sold in this area is 2, meaning Mengnan Chen has sold 50% less homes than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

65%

Mengnan Chen has a close rate of 100% for listings in Boston. The market average for similar listings in this area is 65%, so Mengnan Chen has closed 35% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

105%

Market Average

99%

Mengnan Chen closed listings in Boston at more than 105% of the original listing price. The market average for similar properties is 99%, meaning Mengnan Chen closes listings 6% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

7 Days

+229% faster

Market Average

23 Days

Mengnan Chen's average days on market for listings in Boston is 7 days. The market average for similar properties is 23 days, meaning Mengnan Chen closes listings 228.6% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

508 SOMERVILLE AVENUE UNIT #3

Somerville

Condominium

4 BR | 3 BA

seller

March 18, 2024

over 1 year ago

508 SOMERVILLE AVENUE UNIT #1

Somerville

Condominium

3 BR | 2 BA

seller

January 17, 2024

over 1 year ago

19 HOWE STREET

Somerville

Multi-Family

3 BR | 3 BA

seller

November 08, 2023

over 1 year ago

99 RINDGE AVENUE

Cambridge

Single Family House

5 BR | 4 BA

seller

November 08, 2023

over 1 year ago

21 HOWE STREET

Somerville

Townhouse

4 BR | 2 BA

seller

November 08, 2023

over 1 year ago

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