Darien

Chicago

Michael Rak

First Rate Realty, Inc.

Michael Rak

First Rate Realty, Inc.

$285kmedian price

2homes sold

1buyer transactions

Michael Rak's Top Cities

Listings closed in the past 24 months

Indian Head Park1

Darien1

Chicago1

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Performance Summary

Since August 2022, Michael Rak has closed 2 transactions representing homeowners, and 1 transactions representing buyers with a total production value of $785k and a median price of $235k. Most of Michael Rak's transactions are condos.

Illinois

Select a market segment:

All Property Types

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

63%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

88%

Market Average

99%

Speed To Sale

SPEEDDays on Market

109 Days

Market Average

12 Days

Michael Rak’s Performance by City

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

Darien, Illinois
ZIP: 60561

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

72%

Michael Rak has a close rate of 100% for listings in Darien. The market average for similar listings in this area is 72%, so Michael Rak has closed 28% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

84%

Market Average

99%

Michael Rak closed listings in Darien at 84% of the original listing price. That’s a drop of 16% from the original listing price. The market average in this area is 99%, meaning Michael Rak drops the listing price by 15% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

151 Days

Market Average

8 Days

Michael Rak's average days on market for listings in Darien is 151 days. The market average for similar properties is 8 days, meaning Michael Rak closes listings 143 days slower than their peers.

Chicago, Illinois
ZIP: 60638

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Rak has sold 1 listing in Chicago. The market average for similar properties sold in this area is 3, meaning Michael Rak has sold 66.7% less homes than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

47%

Michael Rak has a close rate of 100% for listings in Chicago. The market average for similar listings in this area is 47%, so Michael Rak has closed 2 times more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

92%

Market Average

98%

Michael Rak closed listings in Chicago at 92% of the original listing price. That’s a drop of 8% from the original listing price. The market average in this area is 98%, meaning Michael Rak drops the listing price by 6% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

67 Days

Market Average

17 Days

Michael Rak's average days on market for listings in Chicago is 67 days. The market average for similar properties is 17 days, meaning Michael Rak closes listings 50 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

111 ACACIA DRIVE UNIT 105

Indian Head Park

Condominium

$315k | 3 BR | 2 BA

buyer

March 19, 2023

about 1 year ago

1501 DARIEN LAKE DRIVE UNIT 105

Darien

Condominium

$185k | 2 BR | 2 BA

seller

March 11, 2023

over 1 year ago

5143 S NEW ENGLAND AVENUE

Chicago

Single Family House

$285k | 3 BR | 2 BA

seller

August 22, 2022

almost 2 years ago

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