Fort Lauderdale

Lauderdale By The Sea

Michael Faerber

Compass Florida, LLC

Michael Faerber

Compass Florida, LLC

$599kmedian price

6homes sold

5buyer transactions

Michael Faerber's Top Cities

Listings closed in the past 24 months

Fort Lauderdale9

Lauderdale By The Sea1

Pompano Beach1

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Performance Summary

Since February 2023, Michael Faerber has closed 6 transactions representing homeowners, and 5 transactions representing buyers with a total production value of $7M and a median price of $615k. Most of Michael Faerber's transactions are condos.

Florida

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

75%

Market Average

71%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

95%

Speed To Sale

SPEEDDays on Market

13 Days

+138% faster

Market Average

31 Days

Michael Faerber’s Performance by City

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

Fort Lauderdale, Florida
ZIP: 33301

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Michael Faerber has sold 5 listings in Fort Lauderdale. The market average for similar properties sold in this area is 1, meaning Michael Faerber has sold 5 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

71%

Market Average

56%

Michael Faerber has a close rate of 71% for listings in Fort Lauderdale. The market average for similar listings in this area is 56%, so Michael Faerber has closed 15% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

99%

Market Average

94%

Michael Faerber closed listings in Fort Lauderdale at 99% of the original listing price. That’s a drop of 1% from the original listing price. The market average price drop for similar properties is 6%, meaning Michael Faerber drops the listing price by 5% less than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

10 Days

+310% faster

Market Average

41 Days

Michael Faerber's average days on market for listings in Fort Lauderdale is 10 days. The market average for similar properties is 41 days, meaning Michael Faerber closes listings 310% faster than their peers.

Lauderdale By The Sea, Florida
ZIP: 33308

Select a market segment:

All Property Types

Condos

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

55%

Michael Faerber has a close rate of 100% for listings in Lauderdale By The Sea. The market average for similar listings in this area is 55%, so Michael Faerber has closed 45% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

97%

Market Average

92%

Michael Faerber closed listings in Lauderdale By The Sea at 97% of the original listing price. That’s a drop of 3% from the original listing price. The market average price drop for similar properties is 8%, meaning Michael Faerber drops the listing price by 5% less than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

53 Days

+2% faster

Market Average

54 Days

Michael Faerber's average days on market for listings in Lauderdale By The Sea is 53 days. The market average for similar properties is 54 days, meaning Michael Faerber closes listings 1.9% faster than their peers.