Washington

Potomac

Suitland

Ned Rich

Washington Fine Properties, LLC

Ned Rich

Washington Fine Properties, LLC

$442kmedian price

3homes sold

2buyer transactions

Ned Rich's Top Cities

Listings closed in the past 24 months

Washington4

Potomac2

Suitland1

Laurel1

Silver Spring1

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Performance Summary

Since March 2022, Ned Rich has closed 3 transactions representing homeowners, and 2 transactions representing buyers with a total production value of $3M and a median price of $620k. Most of Ned Rich's transactions are condos.

District of Columbia

Maryland

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

60%

Market Average

59%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

99%

Speed To Sale

SPEEDDays on Market

5 Days

+240% faster

Market Average

17 Days

Ned Rich’s Performance by City

Compare Ned Rich’s performance to other agents based on price range and property type.

Washington, District of Columbia
ZIP: 20009
ZIP: 20001
ZIP: 20008

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Ned Rich has sold 3 listings in Washington. The market average for similar properties sold in this area is 3, meaning Ned Rich's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

60%

Market Average

59%

Ned Rich has a close rate of 60% for listings in Washington. The market average for similar listings in this area is 59%, so Ned Rich has closed 1% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

99%

Ned Rich closed listings in Washington 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 99%, meaning Ned Rich drops the listing price by 2% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

5 Days

+240% faster

Market Average

17 Days

Ned Rich's average days on market for listings in Washington is 5 days. The market average for similar properties is 17 days, meaning Ned Rich closes listings 240% faster than their peers.

Potomac, Maryland
ZIP: 20854

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

82%

Ned Rich has a close rate of 100% for listings in Potomac. The market average for similar listings in this area is 82%, so Ned Rich has closed 18% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

109%

Market Average

100%

Ned Rich closed listings in Potomac at more than 109% of the original listing price. The market average for similar properties is 100%, meaning Ned Rich closes listings 9% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

6 Days

+17% faster

Market Average

7 Days

Ned Rich's average days on market for listings in Potomac is 6 days. The market average for similar properties is 7 days, meaning Ned Rich closes listings 16.7% faster than their peers.

Suitland, Maryland
ZIP: 20746

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

78%

Ned Rich has a close rate of 100% for listings in Suitland. The market average for similar listings in this area is 78%, so Ned Rich has closed 22% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

89%

Market Average

100%

Ned Rich closed listings in Suitland 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 Ned Rich drops the listing price by 11% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

15 Days

Market Average

14 Days

Ned Rich's average days on market for listings in Suitland is 15 days. The market average for similar properties is 14 days, meaning Ned Rich closes listings 1 day slower than their peers.

Listing History

Address

Details

Represented

Sell Date

5400 MANCHESTER DRIVE

Suitland

Single Family House

$400k | 4 BR | 2 BA

seller

May 05, 2023

12 months ago

400 MASSACHUSETTS AVENUE NW #423

Washington

Condominium

$503k | 1 BR | 1 BA

seller

December 05, 2022

over 1 year ago

2707 ADAMS MILL ROAD NW #210

Washington

Condominium

$549k | 2 BR | 2 BA

seller

October 19, 2022

over 1 year ago

3100 N LEISURE WORLD BOULEVARD #522

Silver Spring

Condominium

$442k | 2 BR | 2 BA

buyer

October 09, 2022

over 1 year ago

3501 30TH STREET NW

Washington

Single Family House

$2m | 4 BR | 4 BA

buyer

August 29, 2022

over 1 year ago

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