Mobile

Grand Bay

Chickasaw

Wilmer

Eight Mile

Theodore

Citronelle

Semmes

Bellevue

Michael Lai

Modern Living Real Estate

Michael Lai

Modern Living Real Estate

$450kmedian price

0homes sold

1buyer transactions

Michael Lai's Top Cities

Listings closed in the past 24 months

Mobile17

Grand Bay4

Chickasaw2

Wilmer2

Eight Mile1

Theodore1

Citronelle1

Semmes1

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Performance Summary

Since February 2023, Michael Lai has closed 1 transactions representing buyers with a total production value of $450k and a median price of $0. Most of Michael Lai's transactions are condos.

Alabama

Select a market segment:

All Property Types

All Price Ranges

$300k or less

$300k-$600k

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

81%

Market Average

92%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

94%

Market Average

97%

Speed To Sale

SPEEDDays on Market

35 Days

Market Average

19 Days

Michael Lai’s Performance by City

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

Mobile, Alabama
ZIP: 36693
ZIP: 36695
ZIP: 36609
ZIP: 36606
ZIP: 36619

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Lai has sold 11 listings in Mobile. The market average for similar properties sold in this area is 4, meaning Michael Lai has sold 3 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

79%

Market Average

78%

Michael Lai has a close rate of 79% for listings in Mobile. The market average for similar listings in this area is 78%, so Michael Lai has closed 1% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

95%

Market Average

97%

Michael Lai closed listings in Mobile 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 97%, meaning Michael Lai drops the listing price by 2% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

7 Days

+157% faster

Market Average

18 Days

Michael Lai's average days on market for listings in Mobile is 7 days. The market average for similar properties is 18 days, meaning Michael Lai closes listings 157.1% faster than their peers.

Grand Bay, Alabama
ZIP: 36541

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Lai has sold 4 listings in Grand Bay. The market average for similar properties sold in this area is 1, meaning Michael Lai has sold 4 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

83%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

96%

Market Average

96%

Michael Lai closed listings in Grand Bay for 96% of the original listing price. The market average for similar properties is also 96%, meaning Michael Lai closes listings at the same rate as their peers, which is 4% less than the listing price.

Speed To Sale

SPEEDDays on Market

39 Days

Market Average

25 Days

Michael Lai's average days on market for listings in Grand Bay is 39 days. The market average for similar properties is 25 days, meaning Michael Lai closes listings 14 days slower than their peers.

Chickasaw, Alabama
ZIP: 36611

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

77%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

80%

Market Average

98%

Michael Lai closed listings in Chickasaw at 80% of the original listing price. That’s a drop of 20% from the original listing price. The market average in this area is 98%, meaning Michael Lai drops the listing price by 18% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

39 Days

Market Average

16 Days

Michael Lai's average days on market for listings in Chickasaw is 39 days. The market average for similar properties is 16 days, meaning Michael Lai closes listings 23 days slower than their peers.

Wilmer, Alabama
ZIP: 36587

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

76%

Michael Lai has a close rate of 100% for listings in Wilmer. The market average for similar listings in this area is 76%, so Michael Lai has closed 24% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

97%

Michael Lai closed listings in Wilmer at the original listing price. The market average for similar properties is 97%, meaning Michael Lai closes listings 3% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

55 Days

Market Average

25 Days

Michael Lai's average days on market for listings in Wilmer is 55 days. The market average for similar properties is 25 days, meaning Michael Lai closes listings 30 days slower than their peers.

Eight Mile, Alabama
ZIP: 36613

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

70%

Michael Lai has a close rate of 100% for listings in Eight Mile. The market average for similar listings in this area is 70%, so Michael Lai has closed 30% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

40%

Market Average

95%

Michael Lai closed listings in Eight Mile at 40% of the original listing price. That’s a drop of 60% from the original listing price. The market average in this area is 95%, meaning Michael Lai drops the listing price by 55% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

363 Days

Market Average

27 Days

Michael Lai's average days on market for listings in Eight Mile is 363 days. The market average for similar properties is 27 days, meaning Michael Lai closes listings 336 days slower than their peers.

Listing History

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Details

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