Top Mega Teams in Chicago, Illinois – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    1The GGL GroupCompassChicago, IL$222,066,026View Profile
    2The Ben Lalez TeamCompassChicago, IL$149,508,963View Profile
    3PCR GroupCompassChicago, IL$112,151,121View Profile
    4SERGIO & BANKS@properties Christie’s International Real EstateChicago, IL$102,154,456View Profile
    5Qamar GroupCompassChicago, IL$93,311,034View Profile
    6The Standard GroupCompassChicago, IL$53,023,712View Profile
    7Advisors NorthCompassChicago, IL$36,047,314View Profile

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    2022 Market Summary

    Chicago, Illinois started 2022 with a total of 1,600 single-family homes on the market, with a median home price of $285,000 and an average price per square foot of $216. By the end of the year, inventory had increased to 2,060 homes on the market (+28%), with a median home price of $268,950 (-5%) and an average price per square foot of $198 (-8%).

    At the start of 2022, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 84 days.

    Chicago started the year with 39% 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 51% of Chicago homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Chicago started 2022 as a seller’s market, with an MAI score of 42; by the end of the year, the MAI had dropped to 29 – a buyer’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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