Norristown

Phoenixville

Plymouth Meeting

Conshohocken

Lansdale

Spring City

Malvern

Philadelphia

King Of Prussia

Phoenixville

Michael Richter

Long & Foster Real Estate, Inc.

Michael Richter

Long & Foster Real Estate, Inc.

$350kmedian price

11homes sold

3buyer transactions

Michael Richter's Top Cities

Listings closed in the past 24 months

Norristown2

Phoenixville2

Plymouth Meeting1

Conshohocken1

Lansdale1

Spring City1

Paoli1

Royersford1

Malvern1

Philadelphia1

Holmes1

King Of Prussia1

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Performance Summary

Since March 2022, Michael Richter has closed 11 transactions representing homeowners, and 3 transactions representing buyers with a total production value of $5M and a median price of $365k. Most of Michael Richter's transactions are townhomes.

Pennsylvania

Select a market segment:

All Property Types

All Price Ranges

$300k or less

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

80%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

Speed To Sale

SPEEDDays on Market

6 Days

+50% faster

Market Average

9 Days

Michael Richter’s Performance by City

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

Norristown, Pennsylvania
ZIP: 19401

Select a market segment:

All Property Types

Single Family Homes

Townhomes

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

83%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

100%

Michael Richter closed listings in Norristown 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 100%, meaning Michael Richter drops the listing price by 2% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

9 Days

Market Average

7 Days

Michael Richter's average days on market for listings in Norristown is 9 days. The market average for similar properties is 7 days, meaning Michael Richter closes listings 2 days slower than their peers.

Phoenixville, Pennsylvania
ZIP: 19460

Select a market segment:

All Property Types

Single Family Homes

Townhomes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

91%

Michael Richter has a close rate of 100% for listings in Phoenixville. The market average for similar listings in this area is 91%, so Michael Richter has closed 9% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

95%

Market Average

101%

Michael Richter closed listings in Phoenixville 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 101%, meaning Michael Richter drops the listing price by 6% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

38 Days

Market Average

6 Days

Michael Richter's average days on market for listings in Phoenixville is 38 days. The market average for similar properties is 6 days, meaning Michael Richter closes listings 32 days slower than their peers.

Plymouth Meeting, Pennsylvania
ZIP: 19462

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

90%

Michael Richter has a close rate of 100% for listings in Plymouth Meeting. The market average for similar listings in this area is 90%, so Michael Richter has closed 10% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

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

Speed To Sale

SPEEDDays on Market

4 Days

+100% faster

Market Average

8 Days

Michael Richter's average days on market for listings in Plymouth Meeting is 4 days. The market average for similar properties is 8 days, meaning Michael Richter closes listings 100% faster than their peers.

Conshohocken, Pennsylvania
ZIP: 19428

Select a market segment:

All Property Types

Townhomes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

86%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

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

Speed To Sale

SPEEDDays on Market

3 Days

+133% faster

Market Average

7 Days

Michael Richter's average days on market for listings in Conshohocken is 3 days. The market average for similar properties is 7 days, meaning Michael Richter closes listings 133.3% faster than their peers.

Lansdale, Pennsylvania
ZIP: 19446

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

91%

Michael Richter has a close rate of 100% for listings in Lansdale. The market average for similar listings in this area is 91%, so Michael Richter has closed 9% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

96%

Market Average

101%

Michael Richter closed listings in Lansdale at 96% of the original listing price. That’s a drop of 4% from the original listing price. The market average in this area is 101%, meaning Michael Richter drops the listing price by 5% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

53 Days

Market Average

7 Days

Michael Richter's average days on market for listings in Lansdale is 53 days. The market average for similar properties is 7 days, meaning Michael Richter closes listings 46 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

901 FOXMEADOW DRIVE #CONDO 901

Royersford

Townhouse

$287k | 2 BR | 2 BA

buyer

May 22, 2023

12 months ago

440 WYNDOM TERRACE

Holmes

Single Family House

$250k | 3 BR | 1 BA

buyer

May 12, 2023

about 1 year ago

142 CRICKET DRIVE

Malvern

Townhouse

$518k | 3 BR | 3 BA

seller

March 06, 2023

about 1 year ago

1305 BRADFORD COURT #62

Phoenixville

Townhouse

$350k | 3 BR | 2 BA

seller

September 23, 2022

over 1 year ago

654 COATES LANE

King Of Prussia

Townhouse

$390k | 3 BR | 2 BA

seller

September 18, 2022

over 1 year ago

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