District Heights

Adelphi

Laurel

Michael Merchant

Fairfax Realty Elite

Michael Merchant

Fairfax Realty Elite

$375kmedian price

3homes sold

0buyer transactions

Michael Merchant's Top Cities

Listings closed in the past 24 months

District Heights1

Adelphi1

Laurel1

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Performance Summary

Since July 2022, Michael Merchant has closed 3 transactions representing homeowners, with a total production value of $1M and a median price of $375k. Most of Michael Merchant's transactions are single family homes.

Maryland

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

81%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Speed To Sale

SPEEDDays on Market

23 Days

Market Average

10 Days

Michael Merchant’s Performance by City

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

District Heights, Maryland
ZIP: 20747

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Merchant has sold 1 listing in District Heights. The market average for similar properties sold in this area is 1, meaning Michael Merchant's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

81%

Michael Merchant has a close rate of 100% for listings in District Heights. The market average for similar listings in this area is 81%, so Michael Merchant has closed 19% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

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

Speed To Sale

SPEEDDays on Market

38 Days

Market Average

11 Days

Michael Merchant's average days on market for listings in District Heights is 38 days. The market average for similar properties is 11 days, meaning Michael Merchant closes listings 27 days slower than their peers.

Adelphi, Maryland
ZIP: 20783

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

77%

Michael Merchant has a close rate of 100% for listings in Adelphi. The market average for similar listings in this area is 77%, so Michael Merchant has closed 23% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

95%

Market Average

98%

Michael Merchant closed listings in Adelphi at 95% of the original listing price. That’s a drop of 5% from the original listing price. The market average in this area is 98%, meaning Michael Merchant drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

23 Days

Market Average

16 Days

Michael Merchant's average days on market for listings in Adelphi is 23 days. The market average for similar properties is 16 days, meaning Michael Merchant closes listings 7 days slower than their peers.

Laurel, Maryland
ZIP: 20708

Select a market segment:

All Property Types

Townhomes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

Michael Merchant has a close rate of 100% for listings in Laurel. The market average for similar listings in this area is 87%, so Michael Merchant has closed 13% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Michael Merchant closed listings in Laurel 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 Merchant drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

19 Days

Market Average

8 Days

Michael Merchant's average days on market for listings in Laurel is 19 days. The market average for similar properties is 8 days, meaning Michael Merchant closes listings 11 days slower than their peers.