Boston

Cambridge

Newton

Dedham

Walpole

Melrose

Washington

Michael Formant

Formant Property Group, LLC

Michael Formant

Formant Property Group, LLC

$620kmedian price

7homes sold

1buyer transactions

Michael Formant's Top Cities

Listings closed in the past 24 months

Boston6

Cambridge3

Newton3

Dedham3

Walpole2

Melrose1

Medfield1

Brookline1

Medford1

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Performance Summary

Since January 2023, Michael Formant has closed 7 transactions representing homeowners, and 1 transactions representing buyers with a total production value of $5M and a median price of $540k. Most of Michael Formant's transactions are townhomes.

Massachusetts

Select a market segment:

All Property Types

Single Family Homes

Condos

Multi-family

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

83%

Market Average

82%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

101%

Market Average

100%

Speed To Sale

SPEEDDays on Market

17 Days

+18% faster

Market Average

20 Days

Michael Formant’s Performance by City

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

Boston, Massachusetts
ZIP: 02125
ZIP: 02131
ZIP: 02118

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Formant has sold 3 listings in Boston. The market average for similar properties sold in this area is 2, meaning Michael Formant has sold 50% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

75%

Market Average

65%

Michael Formant has a close rate of 75% for listings in Boston. The market average for similar listings in this area is 65%, so Michael Formant has closed 10% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

105%

Market Average

99%

Michael Formant closed listings in Boston at more than 105% of the original listing price. The market average for similar properties is 99%, meaning Michael Formant closes listings 6% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

15 Days

+53% faster

Market Average

23 Days

Michael Formant's average days on market for listings in Boston is 15 days. The market average for similar properties is 23 days, meaning Michael Formant closes listings 53.3% faster than their peers.

Cambridge, Massachusetts
ZIP: 02140

Select a market segment:

All Property Types

Condos

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

70%

Michael Formant has a close rate of 100% for listings in Cambridge. The market average for similar listings in this area is 70%, so Michael Formant has closed 30% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

104%

Market Average

100%

Michael Formant closed listings in Cambridge at more than 104% of the original listing price. The market average for similar properties is 100%, meaning Michael Formant closes listings 4% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

22 Days

Market Average

21 Days

Michael Formant's average days on market for listings in Cambridge is 22 days. The market average for similar properties is 21 days, meaning Michael Formant closes listings 1 day slower than their peers.

Newton, Massachusetts
ZIP: 02461
ZIP: 02460
ZIP: 02459

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

$1M-$2M

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Formant has sold 3 listings in Newton. The market average for similar properties sold in this area is 1, meaning Michael Formant has sold 3 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

75%

Market Average

76%

Michael Formant has a close rate of 75% for listings in Newton. The market average for similar listings in this area is 76%, so Michael Formant has closed 1% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

99%

Market Average

100%

Michael Formant closed listings in Newton at 99% of the original listing price. That’s a drop of 1% from the original listing price. The market average in this area is 100%, meaning Michael Formant drops the listing price by 1% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

27 Days

Market Average

20 Days

Michael Formant's average days on market for listings in Newton is 27 days. The market average for similar properties is 20 days, meaning Michael Formant closes listings 7 days slower than their peers.

Dedham, Massachusetts
ZIP: 02026

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

88%

Michael Formant has a close rate of 100% for listings in Dedham. The market average for similar listings in this area is 88%, so Michael Formant has closed 12% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

96%

Market Average

102%

Michael Formant closed listings in Dedham at 96% of the original listing price. That’s a drop of 4% from the original listing price. The market average in this area is 102%, meaning Michael Formant drops the listing price by 6% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

16 Days

+6% faster

Market Average

17 Days

Michael Formant's average days on market for listings in Dedham is 16 days. The market average for similar properties is 17 days, meaning Michael Formant closes listings 6.3% faster than their peers.

Walpole, Massachusetts
ZIP: 02081

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

92%

Michael Formant has a close rate of 100% for listings in Walpole. The market average for similar listings in this area is 92%, so Michael Formant has closed 8% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

102%

Market Average

102%

Michael Formant closed listings in Walpole at more than 102% of the original listing price. The market average for similar properties is also 102%, meaning Michael Formant closes listings at the same rate as peers selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

14 Days

+29% faster

Market Average

18 Days

Michael Formant's average days on market for listings in Walpole is 14 days. The market average for similar properties is 18 days, meaning Michael Formant closes listings 28.6% faster than their peers.

Listing History

Address

Details

Represented

Sell Date

44-46 PINKHAM ROAD

Medford

Multi-Family

5 BR | 2 BA

buyer

February 07, 2024

over 1 year ago

692 TREMONT STREET UNIT #3

Boston

Condominium

2 BR | 2 BA

seller

January 23, 2024

over 1 year ago

22 COTTAGE PARK AVENUE UNIT #15

Cambridge

Condominium

2 BR | 2 BA

buyer

November 05, 2023

over 1 year ago

22 HOWE ROAD

Newton

Single Family House

4 BR | 3 BA

both

October 13, 2023

over 1 year ago

113 BEAUMONT AVENUE

Newton

Single Family House

4 BR | 3 BA

seller

October 01, 2023

almost 2 years ago

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