Silver Spring

Gambrills

Nanjemoy

Burke

Woodbridge

Alem Mengesha

KW Metro Center

Alem Mengesha

KW Metro Center

$620kmedian price

1homes sold

8buyer transactions

Alem Mengesha's Top Cities

Listings closed in the past 24 months

Woodbridge4

Silver Spring3

Sterling1

Fort Washington1

Manassas1

Gambrills1

Fairfax Station1

Ashburn1

Nanjemoy1

Dundalk1

Burke1

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Performance Summary

Since March 2022, Alem Mengesha has closed 1 transactions representing homeowners, and 8 transactions representing buyers with a total production value of $6M and a median price of $645k. Most of Alem Mengesha's transactions are townhomes.

Virginia

Maryland

Select a market segment:

All Property Types

All Price Ranges

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

83%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

104%

Market Average

100%

Speed To Sale

SPEEDDays on Market

6 Days

+33% faster

Market Average

8 Days

Alem Mengesha’s Performance by City

Compare Alem Mengesha’s performance to other agents based on price range and property type.

Silver Spring, Maryland
ZIP: 20906

Select a market segment:

All Property Types

Townhomes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Alem Mengesha has sold 1 listing in Silver Spring. The market average for similar properties sold in this area is 1, meaning Alem Mengesha's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

50%

Market Average

84%

Alem Mengesha has a close rate of 50% for listings in Silver Spring. The market average for similar listings in this area is 84%, so Alem Mengesha has closed 34% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

103%

Market Average

100%

Alem Mengesha closed listings in Silver Spring at more than 103% of the original listing price. The market average for similar properties is 100%, meaning Alem Mengesha closes listings 3% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

+50% faster

Market Average

9 Days

Alem Mengesha's average days on market for listings in Silver Spring is 6 days. The market average for similar properties is 9 days, meaning Alem Mengesha closes listings 50% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

21825 LADYSLIPPER SQUARE

Ashburn

Townhouse

$655k | 3 BR | 3 BA

buyer

June 12, 2023

11 months ago

9744 S PARK CIRCLE

Fairfax Station

Single Family House

$1m | 5 BR | 3 BA

buyer

May 21, 2023

11 months ago

7612 TOWN VIEW DRIVE

Dundalk

Townhouse

$335k | 3 BR | 2 BA

buyer

April 19, 2023

about 1 year ago

14139 MADRIGAL DRIVE

Woodbridge

Townhouse

$465k | 3 BR | 2 BA

buyer

March 16, 2023

about 1 year ago

11929 OLD COLUMBIA PIKE #56

Silver Spring

Townhouse

$420k | 5 BR | 3 BA

buyer

March 14, 2023

about 1 year ago