Los Angeles

Santa Monica

West Hollywood

Glendale

North Hollywood

Burbank

Los Angeles

Michael Sterman

Marcus & Millichap

Michael Sterman

Marcus & Millichap

$4mmedian price

8homes sold

1buyer transactions

Michael Sterman's Top Cities

Listings closed in the past 24 months

Los Angeles3

Santa Monica2

West Hollywood1

Glendale1

North Hollywood1

Burbank1

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Performance Summary

Since March 2022, Michael Sterman has closed 8 transactions representing homeowners, and 1 transactions representing buyers with a total production value of $38M and a median price of $4M. Most of Michael Sterman's transactions are multi-family.

California

Select a market segment:

All Property Types

All Price Ranges

$1M-$2M

$2M-$5M

$5M or More

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

53%

Market Average

79%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

91%

Market Average

100%

Speed To Sale

SPEEDDays on Market

55 Days

Market Average

15 Days

Michael Sterman’s Performance by City

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

Los Angeles, California
ZIP: 90038
ZIP: 90036

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$2M-$5M

$5M or More

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Sterman has sold 2 listings in Los Angeles. The market average for similar properties sold in this area is 2, meaning Michael Sterman's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

50%

Market Average

67%

Michael Sterman has a close rate of 50% for listings in Los Angeles. The market average for similar listings in this area is 67%, so Michael Sterman has closed 17% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

94%

Market Average

99%

Michael Sterman closed listings in Los Angeles at 94% of the original listing price. That’s a drop of 6% from the original listing price. The market average in this area is 99%, meaning Michael Sterman drops the listing price by 5% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

46 Days

Market Average

21 Days

Michael Sterman's average days on market for listings in Los Angeles is 46 days. The market average for similar properties is 21 days, meaning Michael Sterman closes listings 25 days slower than their peers.

Santa Monica, California
ZIP: 90401
ZIP: 90404

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$2M-$5M

$5M or More

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

72%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

90%

Market Average

99%

Michael Sterman closed listings in Santa Monica 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 99%, meaning Michael Sterman drops the listing price by 9% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

59 Days

Market Average

20 Days

Michael Sterman's average days on market for listings in Santa Monica is 59 days. The market average for similar properties is 20 days, meaning Michael Sterman closes listings 39 days slower than their peers.

West Hollywood, California
ZIP: 90069

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

69%

Michael Sterman has a close rate of 100% for listings in West Hollywood. The market average for similar listings in this area is 69%, so Michael Sterman has closed 31% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

92%

Market Average

98%

Michael Sterman closed listings in West Hollywood 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 Sterman drops the listing price by 6% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

54 Days

Market Average

23 Days

Michael Sterman's average days on market for listings in West Hollywood is 54 days. The market average for similar properties is 23 days, meaning Michael Sterman closes listings 31 days slower than their peers.

Glendale, California
ZIP: 91201

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$5M or More

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

77%

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

Pricing Precision

PRECISIONList-to-Sale Price Ratio

92%

Market Average

100%

Michael Sterman closed listings in Glendale 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 100%, meaning Michael Sterman drops the listing price by 8% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

25 Days

Market Average

14 Days

Michael Sterman's average days on market for listings in Glendale is 25 days. The market average for similar properties is 14 days, meaning Michael Sterman closes listings 11 days slower than their peers.

North Hollywood, California
ZIP: 91602

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$2M-$5M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

50%

Market Average

69%

Michael Sterman has a close rate of 50% for listings in North Hollywood. The market average for similar listings in this area is 69%, so Michael Sterman has closed 19% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

89%

Market Average

100%

Michael Sterman closed listings in North Hollywood at 89% of the original listing price. That’s a drop of 11% from the original listing price. The market average in this area is 100%, meaning Michael Sterman drops the listing price by 11% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

62 Days

Market Average

14 Days

Michael Sterman's average days on market for listings in North Hollywood is 62 days. The market average for similar properties is 14 days, meaning Michael Sterman closes listings 48 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

1428 11TH STREET

Santa Monica

Multi-Family

$3m | 14 BR | 0 BA

seller

December 18, 2023

5 months ago

1117 LINDEN AVENUE

Glendale

Multi-Family

$6m | 32 BR | 0 BA

seller

August 14, 2023

9 months ago

8410 FOUNTAIN AVENUE

West Hollywood

Multi-Family

$2m | 4 BR | 0 BA

both

July 17, 2023

10 months ago

10834 BLOOMFIELD STREET

North Hollywood

Multi-Family

$4m | 0 BR | 0 BA

both

May 24, 2023

12 months ago

561 E ORANGE GROVE AVENUE

Burbank

Multi-Family

$3m | 18 BR | 0 BA

both

March 21, 2023

about 1 year ago

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