Palmdale

Lancaster

Palm Desert

Michael Fava

Pinnacle Estate Properties, Inc.

Michael Fava

Pinnacle Estate Properties, Inc.

$458kmedian price

4homes sold

0buyer transactions

Michael Fava's Top Cities

Listings closed in the past 24 months

Palmdale2

Lancaster1

Palm Desert1

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Performance Summary

Since January 2023, Michael Fava has closed 4 transactions representing homeowners, with a total production value of $2M and a median price of $458k. Most of Michael Fava's transactions are single family homes.

California

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

79%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Speed To Sale

SPEEDDays on Market

11 Days

+45% faster

Market Average

16 Days

Michael Fava’s Performance by City

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

Palmdale, California
ZIP: 93551

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

67%

Market Average

74%

Michael Fava has a close rate of 67% for listings in Palmdale. The market average for similar listings in this area is 74%, so Michael Fava has closed 7% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

100%

Michael Fava closed listings in Palmdale 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 100%, meaning Michael Fava drops the listing price by 3% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

50 Days

Market Average

18 Days

Michael Fava's average days on market for listings in Palmdale is 50 days. The market average for similar properties is 18 days, meaning Michael Fava closes listings 32 days slower than their peers.

Lancaster, California
ZIP: 93536

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

74%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

102%

Market Average

100%

Michael Fava closed listings in Lancaster at more than 102% of the original listing price. The market average for similar properties is 100%, meaning Michael Fava closes listings 2% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

5 Days

+340% faster

Market Average

22 Days

Michael Fava's average days on market for listings in Lancaster is 5 days. The market average for similar properties is 22 days, meaning Michael Fava closes listings 340% faster than their peers.

Palm Desert, California
ZIP: 92211

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Fava has sold 1 listing in Palm Desert. The market average for similar properties sold in this area is 2, meaning Michael Fava has sold 50% less homes than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

74%

Michael Fava has a close rate of 100% for listings in Palm Desert. The market average for similar listings in this area is 74%, so Michael Fava has closed 26% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

96%

Michael Fava closed listings in Palm Desert at more than 101% of the original listing price. The market average for similar properties is 96%, meaning Michael Fava closes listings 5% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

+617% faster

Market Average

43 Days

Michael Fava's average days on market for listings in Palm Desert is 6 days. The market average for similar properties is 43 days, meaning Michael Fava closes listings 616.7% faster than their peers.