Top Mega Teams in Arizona – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1JMGJason Mitchell Real EstateScottsdale, AZ$3,375,961,496View Profile
2The Laughton TeamLaughton & Laughton PLLCPeoria, AZ$1,104,694,240View Profile
3KP EliteKP EliteChandler, AZ$293,526,928View Profile
4KP Elite TeameXp Realty, LLCChandler, AZ$290,354,188View Profile
5The Rider Elite TeamKeller Williams Arizona RealtyScottsdale, AZ$275,545,580View Profile
6Sibbach TeameXp Realty, LLCScottsdale, AZ$264,655,632View Profile
7Valley Dream TeameXp Realty, LLCGlendale, AZ$235,590,769View Profile
8Wehner GroupeXp Realty, LLCScottsdale, AZ$221,404,918View Profile
9Elite Home AdvisorsKeller Williams Realty PhoenixTempe, AZ$156,848,409View Profile
10The Valley Solutions TeamHomeSmart Gilbert, AZ$151,946,421View Profile
11The Heritage Group NetworkKeller Williams Arizona Living RealtyLake Havasu City, AZ$122,019,282View Profile
12Stratton GroupKeller Williams Realty Tucson-Marana / Oro ValleyTucson, AZ$117,561,493View Profile
13The MoJo TeamRealty ONE GroupScottsdale, AZ$110,390,006View Profile
14The Studebaker GroupNorth&Co.Scottsdale, AZ$72,103,272View Profile
15Advantage Home TeamKeller Williams Legacy One RealtyCasa Grande, AZ$69,928,228View Profile
16Listing LLamaKeller Williams Integrity First RealtyGilbert, AZ$46,837,326View Profile
17Team UncommonKeller Williams Northeast RealtyPhoenix, AZ$39,030,247View Profile
18Alan Levanson TeamArizona PropertiesScottsdale, AZ$27,689,750View Profile

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2023 Arizona Housing Market Summary

Arizona started 2023 with a total of 16,332 single-family homes on the market, with a median home price of $470,000 and an average price per square foot of $281. By the end of the year, inventory had decreased to 14,636 homes on the market (-10%), with a median home price of $509,992 (+8%) and an average price per square foot of $307 (+9%).

At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days. Arizona started the year with 48% 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 40% of Arizona homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arizona started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 34 – 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.

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