Top Mega Teams in Chicago, Illinois – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    Dawn McKenna GroupColdwell Banker RealtyChicago, IL$558,013,270View Profile
    Vesta TeamVesta Preferred RealtyChicago, IL$150,440,212View Profile
    The Ben Lalez TeamCompassChicago, IL$149,118,112View Profile
    The Sergio & Banks Group@properties Christie’s International Real EstateChicago, IL$84,443,330View Profile
    Alex Stoykov GroupCompassChicago, IL$81,999,634View Profile
    Qamar GroupCompassChicago, IL$72,679,793View Profile

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    2023 Chicago, Illinois Housing Market Summary

    Chicago, Illinois started 2023 with a total of 1,913 single-family homes on the market, with a median home price of $269,000 and an average price per square foot of $199. By the end of the year, inventory had decreased to 1,760 homes on the market (-7%), with a median home price of $299,999 (+11%) and an average price per square foot of $221 (+11%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

    Chicago started the year with 49% 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 44% of Chicago homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Chicago started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 33 – 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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