Top Mega Teams in Alabama – Ranked by Sides
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| Rank – State Sides | Team Name | Company | Location | Sides | Profile |
|---|---|---|---|---|---|
| 1 | Matt Curtis Real Estate Team | Matt Curtis Real Estate, Inc | Madison, AL | 698.0 | View Profile |
2022 Market Summary
Alabama started 2022 with a total of 6,339 single-family homes on the market, with a median home price of $295,900 and an average price per square foot of $159. By the end of the year, inventory had increased to 9,851 homes on the market (+55%), with a median home price of $309,900 (+4%) and an average price per square foot of $166 (+4%).
At the start of 2022, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 70 days.
Alabama started the year with 20% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 35% of Alabama homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Alabama started 2022 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.
This market summary is powered by Altos Research – click here to run a free report for your area.
Latest Posts
State antitrust claims dismissed in buyer broker commission suit HW+
Sep 20, 2023Defendants in the Sitzer/Burnett class action lawsuit, which deals with buyer brokers’ commissions, are facing two fewer claims. On Monday, plaintiffs in the Sitzer/Burnett suit filed an unopposed motion for dismissal of the state law claims pled in their third amended complaint. Stephen R. Bough, a U.S. District Court Judge in Kansas City, issued a […]
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RE/MAX settles buyer broker commission lawsuits for $55 million HW+
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BHGRE’s first affiliate on building a thriving property management company HW+
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Housing Market News
Why are existing home prices up year over year? HW+
Sep 21, 2023Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible?
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Existing-home sales moved lower in August : NAR HW+
Sep 21, 2023 -
No sign of relief in housing even as the Fed holds rates steady HW+
Sep 21, 2023 -
DataDigest: Where housing prices are booming (and faltering) HW+
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Is the apartment boom finally over? HW+
Sep 19, 2023 -
Changing homebuyer expectations are slowing the housing market HW+
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Alabama News
United Real Estate expands in Alabama HW+
Jun 29, 2023Transaction fee model brokerage United Real Estate is growing its footprint in Alabama with its second expansion in Huntsville. United Leading Edge Real Estate Group, which joined United’s national network in 2022, has merged with Huntsville-based Revolved Realty, according to an announcement this week. The combined firm, which has 300 agents, will operate as Leading […]