Washington

Silver Spring

Alexandria

Chevy Chase

Washington

Michael Alderfer

Compass

Michael Alderfer

Compass

$750kmedian price

10homes sold

6buyer transactions

Michael Alderfer's Top Cities

Listings closed in the past 24 months

Washington16

Silver Spring3

Alexandria1

Rockville1

Arlington1

Vienna1

Bethesda1

Chevy Chase1

Falls Church1

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Performance Summary

Since March 2022, Michael Alderfer has closed 10 transactions representing homeowners, and 6 transactions representing buyers with a total production value of $18M and a median price of $685k. Most of Michael Alderfer's transactions are single family homes.

District of Columbia

Maryland

Virginia

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

56%

Market Average

59%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

99%

Speed To Sale

SPEEDDays on Market

12 Days

+42% faster

Market Average

17 Days

Michael Alderfer’s Performance by City

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

Washington, District of Columbia
ZIP: 20001
ZIP: 20009
ZIP: 20005
ZIP: 20008
ZIP: 20002
ZIP: 20011
ZIP: 20010
ZIP: 20003

Select a market segment:

All Property Types

Single Family Homes

Condos

Townhomes

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Alderfer has sold 10 listings in Washington. The market average for similar properties sold in this area is 3, meaning Michael Alderfer has sold 3 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

56%

Market Average

59%

Michael Alderfer has a close rate of 56% for listings in Washington. The market average for similar listings in this area is 59%, so Michael Alderfer has closed 3% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

99%

Michael Alderfer closed listings in Washington at 98% of the original listing price. That’s a drop of 2% from the original listing price. The market average in this area is 99%, meaning Michael Alderfer drops the listing price by 1% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

12 Days

+42% faster

Market Average

17 Days

Michael Alderfer's average days on market for listings in Washington is 12 days. The market average for similar properties is 17 days, meaning Michael Alderfer closes listings 41.7% faster than their peers.

Silver Spring, Maryland
ZIP: 20901
ZIP: 20910

Select a market segment:

All Property Types

Single Family Homes

Condos

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Alderfer has sold 2 listings in Silver Spring. The market average for similar properties sold in this area is 1, meaning Michael Alderfer has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

84%

Michael Alderfer has a close rate of 67% for listings in Silver Spring. The market average for similar listings in this area is 84%, so Michael Alderfer has closed 17% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Michael Alderfer closed listings in Silver Spring at 97% of the original listing price. That’s a drop of 3% from the original listing price. The market average in this area is 100%, meaning Michael Alderfer drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

42 Days

Market Average

9 Days

Michael Alderfer's average days on market for listings in Silver Spring is 42 days. The market average for similar properties is 9 days, meaning Michael Alderfer closes listings 33 days slower than their peers.

Alexandria, Virginia
ZIP: 22314

Select a market segment:

All Property Types

Townhomes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

83%

Michael Alderfer has a close rate of 100% for listings in Alexandria. The market average for similar listings in this area is 83%, so Michael Alderfer has closed 17% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Michael Alderfer closed listings in Alexandria at 97% of the original listing price. That’s a drop of 3% from the original listing price. The market average in this area is 100%, meaning Michael Alderfer drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

63 Days

Market Average

8 Days

Michael Alderfer's average days on market for listings in Alexandria is 63 days. The market average for similar properties is 8 days, meaning Michael Alderfer closes listings 55 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

940 FRENCH STREET NW

Washington

Single Family House

$2m | 4 BR | 3 BA

seller

June 07, 2023

11 months ago

1245 13TH STREET NW #904

Washington

Condominium

$605k | 2 BR | 2 BA

seller

April 18, 2023

about 1 year ago

8909 HIGDON DRIVE

Vienna

Single Family House

$2m | 7 BR | 5 BA

buyer

April 17, 2023

about 1 year ago

5850 20TH STREET N

Arlington

Single Family House

$750k | 3 BR | 2 BA

buyer

April 04, 2023

about 1 year ago

6811 CUSTIS PARKWAY

Falls Church

Single Family House

$1m | 5 BR | 4 BA

buyer

March 27, 2023

about 1 year ago

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