Silver Spring

Washington

Kensington

Simone Velvel

Real Broker, LLC

Simone Velvel

Real Broker, LLC

$440kmedian price

4homes sold

7buyer transactions

Simone Velvel's Top Cities

Listings closed in the past 24 months

Silver Spring6

Washington5

Bethesda2

Glen Burnie1

Alexandria1

Baltimore1

Kensington1

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Performance Summary

Since March 2022, Simone Velvel has closed 4 transactions representing homeowners, and 7 transactions representing buyers with a total production value of $6M and a median price of $650k. Most of Simone Velvel's transactions are condos.

Maryland

District of Columbia

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

100%

Market Average

81%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

99%

Market Average

100%

Speed To Sale

SPEEDDays on Market

8 Days

+25% faster

Market Average

10 Days

Simone Velvel’s Performance by City

Compare Simone Velvel’s performance to other agents based on price range and property type.

Silver Spring, Maryland
ZIP: 20902
ZIP: 20910

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Simone Velvel has sold 3 listings in Silver Spring. The market average for similar properties sold in this area is 1, meaning Simone Velvel has sold 3 times more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

84%

Simone Velvel has a close rate of 100% for listings in Silver Spring. The market average for similar listings in this area is 84%, so Simone Velvel has closed 16% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

98%

Market Average

100%

Simone Velvel closed listings in Silver Spring at 98% of the original listing price. That’s a drop of 2% from the original listing price. The market average in this area is 100%, meaning Simone Velvel drops the listing price by 2% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

7 Days

+29% faster

Market Average

9 Days

Simone Velvel's average days on market for listings in Silver Spring is 7 days. The market average for similar properties is 9 days, meaning Simone Velvel closes listings 28.6% faster than their peers.

Washington, District of Columbia
ZIP: 20009

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k or less

Listing Activity

ACTIVITYNumber of listings

Market Average

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

Closing Performance

PERFORMANCECLOSE RATE

33%

Market Average

59%

Simone Velvel has a close rate of 33% for listings in Washington. The market average for similar listings in this area is 59%, so Simone Velvel has closed 26% less listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

83%

Market Average

99%

Simone Velvel closed listings in Washington at 83% of the original listing price. That’s a drop of 17% from the original listing price. The market average in this area is 99%, meaning Simone Velvel drops the listing price by 16% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

350 Days

Market Average

17 Days

Simone Velvel's average days on market for listings in Washington is 350 days. The market average for similar properties is 17 days, meaning Simone Velvel closes listings 333 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

4301 MASSACHUSETTS AVENUE NW #1012

Washington

Condominium

$415k | 2 BR | 2 BA

buyer

May 01, 2023

about 1 year ago

2500 VIRGINIA AVENUE NW #1006-S

Washington

Condominium

$520k | 1 BR | 1 BA

buyer

April 24, 2023

about 1 year ago

814 HILLSBORO DRIVE

Silver Spring

Single Family House

$650k | 4 BR | 3 BA

seller

March 31, 2023

about 1 year ago

4201 CATHEDRAL AVENUE NW #415E

Washington

Condominium

$625k | 3 BR | 2 BA

buyer

March 21, 2023

about 1 year ago

7549 SPRING LAKE DRIVE #7549-D2

Bethesda

Condominium

$350k | 3 BR | 2 BA

buyer

January 11, 2023

over 1 year ago

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