Pacoima

North Hollywood

Panorama City

Valley Glen

San Dimas

Granada Hills

Hollywood

San Fernando

Burbank

Reseda

Van Nuys

Palm Springs

California
Los Angeles county
Pacoima
Michael Melik Bakchian

Pacoima

Michael Melik Bakchian

JohnHart Real Estate

Michael Melik Bakchian

JohnHart Real Estate

$970kmedian price

15homes sold

9buyer transactions

Michael Melik Bakchian's Top Cities

Listings closed in the past 24 months

Pacoima4

North Hollywood3

Panorama City2

Valley Glen2

San Dimas1

Granada Hills1

Northridge1

Tarzana1

Encino1

Glendale1

Hollywood1

Lake Balboa1

San Fernando1

Burbank1

Reseda1

Van Nuys1

Palm Springs1

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Performance Summary

Since January 2023, Michael Melik Bakchian has closed 15 transactions representing homeowners, and 9 transactions representing buyers with a total production value of $27M and a median price of $970k. Most of Michael Melik Bakchian's transactions are single family homes.

California

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

79%

Market Average

79%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

100%

Speed To Sale

SPEEDDays on Market

25 Days

Market Average

16 Days

Michael Melik Bakchian’s Performance by City

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

Pacoima, California
ZIP: 91331

Select a market segment:

All Property Types

Single Family Homes

Multi-family

All Price Ranges

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

79%

Michael Melik Bakchian has a close rate of 100% for listings in Pacoima. The market average for similar listings in this area is 79%, so Michael Melik Bakchian has closed 21% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

101%

Michael Melik Bakchian closed listings in Pacoima 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 101%, meaning Michael Melik Bakchian drops the listing price by 4% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

25 Days

Market Average

11 Days

Michael Melik Bakchian's average days on market for listings in Pacoima is 25 days. The market average for similar properties is 11 days, meaning Michael Melik Bakchian closes listings 14 days slower than their peers.

North Hollywood, California
ZIP: 91605

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

50%

Market Average

66%

Michael Melik Bakchian has a close rate of 50% for listings in North Hollywood. The market average for similar listings in this area is 66%, so Michael Melik Bakchian has closed 16% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

103%

Market Average

100%

Michael Melik Bakchian closed listings in North Hollywood at more than 103% of the original listing price. The market average for similar properties is 100%, meaning Michael Melik Bakchian closes listings 3% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

13 Days

+8% faster

Market Average

14 Days

Michael Melik Bakchian's average days on market for listings in North Hollywood is 13 days. The market average for similar properties is 14 days, meaning Michael Melik Bakchian closes listings 7.7% faster than their peers.

Panorama City, California
ZIP: 91402

Select a market segment:

All Property Types

Single Family Homes

Multi-family

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

78%

Michael Melik Bakchian has a close rate of 100% for listings in Panorama City. The market average for similar listings in this area is 78%, so Michael Melik Bakchian has closed 22% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

104%

Market Average

100%

Michael Melik Bakchian closed listings in Panorama City at more than 104% of the original listing price. The market average for similar properties is 100%, meaning Michael Melik Bakchian closes listings 4% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

16 Days

Market Average

15 Days

Michael Melik Bakchian's average days on market for listings in Panorama City is 16 days. The market average for similar properties is 15 days, meaning Michael Melik Bakchian closes listings 1 day slower than their peers.

Valley Glen, California
ZIP: 91401

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

73%

Michael Melik Bakchian has a close rate of 67% for listings in Valley Glen. The market average for similar listings in this area is 73%, so Michael Melik Bakchian has closed 6% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

93%

Market Average

100%

Michael Melik Bakchian closed listings in Valley Glen at 93% of the original listing price. That’s a drop of 7% from the original listing price. The market average in this area is 100%, meaning Michael Melik Bakchian drops the listing price by 7% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

73 Days

Market Average

13 Days

Michael Melik Bakchian's average days on market for listings in Valley Glen is 73 days. The market average for similar properties is 13 days, meaning Michael Melik Bakchian closes listings 60 days slower than their peers.

San Dimas, California
ZIP: 91773

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Michael Melik Bakchian closed listings in San Dimas at more than 101% of the original listing price. The market average for similar properties is 100%, meaning Michael Melik Bakchian closes listings 1% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

27 Days

Market Average

13 Days

Michael Melik Bakchian's average days on market for listings in San Dimas is 27 days. The market average for similar properties is 13 days, meaning Michael Melik Bakchian closes listings 14 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

1135 KILDONAN DRIVE

Glendale

Single Family House

$3m | 4 BR | 3 BA

buyer

April 02, 2024

over 1 year ago

11529 SPROULE AVENUE

Pacoima

Multi-Family

$1m | BR | BA

seller

March 19, 2024

over 1 year ago

11529 SPROULE AVENUE

Pacoima

Single Family House

$1m | 12 BR | 5 BA

seller

March 19, 2024

over 1 year ago

15456 SAN JOSE STREET

San Fernando

Single Family House

$822k | 3 BR | 2 BA

seller

March 11, 2024

over 1 year ago

9945 TELFAIR AVENUE

Pacoima

Single Family House

$769k | 4 BR | 2 BA

buyer

February 29, 2024

over 1 year ago

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