Ocean City

Selbyville

Berlin

Frankford

Huntingtown

Ocean City

Jacob Spence

Berkshire Hathaway HomeServices PenFed Realty

Jacob Spence

Berkshire Hathaway HomeServices PenFed Realty

$339kmedian price

5homes sold

1buyer transactions

Jacob Spence's Top Cities

Listings closed in the past 24 months

Ocean City4

Selbyville3

Dagsboro1

Berlin1

Frankford1

Huntingtown1

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Performance Summary

Since March 2022, Jacob Spence has closed 5 transactions representing homeowners, and 1 transactions representing buyers with a total production value of $3M and a median price of $334k. Most of Jacob Spence's transactions are single family homes.

Delaware

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

50%

Market Average

84%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Speed To Sale

SPEEDDays on Market

13 Days

Market Average

10 Days

Jacob Spence’s Performance by City

Compare Jacob Spence’s performance to other agents based on price range and property type.

Ocean City, Maryland
ZIP: 21842

Select a market segment:

All Property Types

Condos

Townhomes

All Price Ranges

$300k or less

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Jacob Spence has sold 3 listings in Ocean City. The market average for similar properties sold in this area is 2, meaning Jacob Spence has sold 50% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

86%

Jacob Spence has a close rate of 100% for listings in Ocean City. The market average for similar listings in this area is 86%, so Jacob Spence has closed 14% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

99%

Jacob Spence closed listings in Ocean City at more than 101% of the original listing price. The market average for similar properties is 99%, meaning Jacob Spence closes listings 2% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

4 Days

+175% faster

Market Average

11 Days

Jacob Spence's average days on market for listings in Ocean City is 4 days. The market average for similar properties is 11 days, meaning Jacob Spence closes listings 175% faster than their peers.

Selbyville, Delaware
ZIP: 19975

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

Jacob Spence has sold 2 listings in Selbyville. The market average for similar properties sold in this area is 2, meaning Jacob Spence's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

80%

Jacob Spence has a close rate of 67% for listings in Selbyville. The market average for similar listings in this area is 80%, so Jacob Spence has closed 13% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

99%

Market Average

98%

Jacob Spence closed listings in Selbyville at 99% of the original listing price. That’s a drop of 1% from the original listing price. The market average price drop for similar properties is 2%, meaning Jacob Spence drops the listing price by 1% less than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

20 Days

Market Average

16 Days

Jacob Spence's average days on market for listings in Selbyville is 20 days. The market average for similar properties is 16 days, meaning Jacob Spence closes listings 4 days slower than their peers.

Berlin, Maryland
ZIP: 21811

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Jacob Spence has sold 1 listing in Berlin. The market average for similar properties sold in this area is 2, meaning Jacob Spence has sold 50% less homes than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

86%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

108%

Market Average

99%

Jacob Spence closed listings in Berlin at more than 108% of the original listing price. The market average for similar properties is 99%, meaning Jacob Spence closes listings 9% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

4 Days

+200% faster

Market Average

12 Days

Jacob Spence's average days on market for listings in Berlin is 4 days. The market average for similar properties is 12 days, meaning Jacob Spence closes listings 200% faster than their peers.

Frankford, Delaware
ZIP: 19945

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

75%

Jacob Spence has a close rate of 100% for listings in Frankford. The market average for similar listings in this area is 75%, so Jacob Spence has closed 25% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

98%

Jacob Spence closed listings in Frankford 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 98%, meaning Jacob Spence drops the listing price by 1% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

10 Days

+20% faster

Market Average

12 Days

Jacob Spence's average days on market for listings in Frankford is 10 days. The market average for similar properties is 12 days, meaning Jacob Spence closes listings 20% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

765 BLUEBERRY COURT

Huntingtown

Single Family House

$1m | 5 BR | 4 BA

seller

April 25, 2023

about 1 year ago

35684 N SEA GULL ROAD

Selbyville

Single Family House

$475k | 3 BR | 2 BA

seller

December 16, 2022

over 1 year ago

36972 BLUE BILL DRIVE

Selbyville

Single Family House

$450k | 3 BR | 2 BA

buyer

August 20, 2022

over 1 year ago

111-A 58TH STREET #2

Ocean City

Condominium

$352k | 2 BR | 2 BA

seller

August 02, 2022

over 1 year ago

93 WHITE HORSE DRIVE

Berlin

Single Family House

$355k | 3 BR | 2 BA

seller

April 03, 2022

about 2 years ago

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