Top Mega Teams in Houston, Texas – Ranked by Volume
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- Mega Teams
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|Rank – City Volume||Team Name||Company||Location||Volume||Profile|
|1||THE LOKEN GROUP, INC||Keller Williams Realty Platinum||Houston, TX||$756,928,387||View Profile|
|2||The Franklin Team||eXp Realty, LLC||Houston, TX||$593,381,873||View Profile|
|3||CitiQuest Properties||CitiQuest Properties||Houston, TX||$184,942,837||View Profile|
|4||Nest Finders||Nest Finders||Houston, TX||$152,343,855||View Profile|
|5||Energy Realty||Energy Realty||Houston, TX||$143,000,000||View Profile|
|6||Uptown Real Estate Group||Keller Williams Realty Houston Metropolitan||Houston, TX||$97,185,908||View Profile|
|7||Liv Texas||Liv Texas||Houston, TX||$37,285,704||View Profile|
|8||Urban Properties Group||Compass||Houston, TX||$24,003,196||View Profile|
2022 Market Summary
Houston, Texas started 2022 with a total of 3,914 single-family homes on the market, with a median home price of $389,000 and an average price per square foot of $230. By the end of the year, inventory had increased to 4,718 homes on the market (+20%), with a median home price of $359,900 (-7%) and an average price per square foot of $217 (-5%).
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 77 days.
Houston started the year with 31% 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 Houston homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Houston started 2022 as a seller’s market, with an MAI score of 40; by the end of the year, the MAI had dropped to 32 – 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.
Defendants 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 […]
Housing Market News
High mortgage rates and home prices are putting downward pressure on pending-home sales, but new listings show signs of life, Redfin found.
Frequently Asked Questions
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.
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.
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
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.
View the full Rankings FAQ page here.
The pile of lawsuits facing Gary Keller and the real estate firm he co-founded, Keller Williams, just got larger. Former KW CEO John Davis filed his second lawsuit against the firm on Wednesday in the Western District of Texas. In the filings, which name Keller Williams, Keller, former KW president Josh Team, Business MAPS Ltd. […]