La Quinta

Palm Desert

Indio

Adam Cheng

Compass

Adam Cheng

Compass

$775kmedian price

5homes sold

3buyer transactions

Adam Cheng's Top Cities

Listings closed in the past 24 months

La Quinta2

Palm Springs2

Palm Desert2

Indian Wells1

Indio1

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Performance Summary

Since March 2022, Adam Cheng has closed 5 transactions representing homeowners, and 3 transactions representing buyers with a total production value of $7M and a median price of $747k. Most of Adam Cheng'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

71%

Market Average

79%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

100%

Market Average

100%

Speed To Sale

SPEEDDays on Market

36 Days

Market Average

15 Days

Adam Cheng’s Performance by City

Compare Adam Cheng’s performance to other agents based on price range and property type.

La Quinta, California
ZIP: 92253

Select a market segment:

All Property Types

Single Family Homes

Condos

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Adam Cheng has sold 2 listings in La Quinta. The market average for similar properties sold in this area is 2, meaning Adam Cheng's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

74%

Adam Cheng has a close rate of 100% for listings in La Quinta. The market average for similar listings in this area is 74%, so Adam Cheng has closed 26% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

104%

Market Average

97%

Adam Cheng closed listings in La Quinta at more than 104% of the original listing price. The market average for similar properties is 97%, meaning Adam Cheng closes listings 7% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

31 Days

+10% faster

Market Average

34 Days

Adam Cheng's average days on market for listings in La Quinta is 31 days. The market average for similar properties is 34 days, meaning Adam Cheng closes listings 9.7% faster than their peers.

Palm Desert, California
ZIP: 92260

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Adam Cheng has sold 2 listings in Palm Desert. The market average for similar properties sold in this area is 2, meaning Adam Cheng's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

80%

Adam Cheng has a close rate of 67% for listings in Palm Desert. The market average for similar listings in this area is 80%, so Adam Cheng has closed 13% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

90%

Market Average

98%

Adam Cheng closed listings in Palm Desert at 90% of the original listing price. That’s a drop of 10% from the original listing price. The market average in this area is 98%, meaning Adam Cheng drops the listing price by 8% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

78 Days

Market Average

33 Days

Adam Cheng's average days on market for listings in Palm Desert is 78 days. The market average for similar properties is 33 days, meaning Adam Cheng closes listings 45 days slower than their peers.

Indio, California
ZIP: 92203

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

74%

Adam Cheng has a close rate of 100% for listings in Indio. The market average for similar listings in this area is 74%, so Adam Cheng has closed 26% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

102%

Market Average

98%

Adam Cheng closed listings in Indio at more than 102% of the original listing price. The market average for similar properties is 98%, meaning Adam Cheng closes listings 4% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

36 Days

Market Average

35 Days

Adam Cheng's average days on market for listings in Indio is 36 days. The market average for similar properties is 35 days, meaning Adam Cheng closes listings 1 day slower than their peers.

Listing History

Address

Details

Represented

Sell Date

48574 VISTA VIEJO DRIVE

Palm Desert

Single Family House

$1m | 4 BR | 4 BA

seller

January 27, 2024

3 months ago

2001 E CAMINO PAROCELA #Q118

Palm Springs

Condominium

$420k | 2 BR | 2 BA

buyer

May 15, 2023

12 months ago

40620 GLENWOOD LANE

Palm Desert

Single Family House

$775k | 4 BR | 2 BA

seller

November 17, 2022

over 1 year ago

830 N RIVERSIDE DRIVE

Palm Springs

Single Family House

$1m | 3 BR | 3 BA

buyer

August 10, 2022

over 1 year ago

76101 ZUNI ROAD

Indian Wells

Single Family House

$1m | 4 BR | 3 BA

buyer

May 31, 2022

almost 2 years ago

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