Top Mega Teams in Idaho – Ranked by Volume
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|Rank – State Volume||Team Name||Company||Location||Volume||Profile|
|1||The Mike Brown Group of Silvercreek Realty||Silvercreek Realty||Meridian, ID||$295,535,073||View Profile|
|2||Lysi Bishop Real Estate LLC||Keller Williams Realty Boise||Boise, ID||$290,371,584||View Profile|
|3||Hughes Real Estate Group||Hughes Real Estate Group of Silvercreek Realty||Eagle, ID||$237,703,435||View Profile|
|4||Anderson Hicks Group||Keller Williams Realty East Idaho||Idaho Falls, ID||$218,533,775||View Profile|
|5||City of Trees Real Estate||Keller Williams Realty Boise||Boise, ID||$154,783,741||View Profile|
2022 Market Summary
Idaho started 2022 with a total of 2,409 single-family homes on the market, with a median home price of $562,990 and an average price per square foot of $332. By the end of the year, inventory had increased to 5,525 homes on the market (+129%), with a median home price of $499,990 (-11%) and an average price per square foot of $307 (-7%).
At the start of 2022, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 91 days.
Idaho started the year with 27% 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 47% of Idaho homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Idaho started 2022 as a strong seller’s market, with an MAI score of 51; 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.
A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
Housing Market News
More than one-third (36%) of Hispanics and 32% of Blacks reported facing discrimination when searching for a home.
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 Agency is continuing to grow. The firm announced on Wednesday that it has opened The Agency Coeur d’Alene, its second office in Idaho. The Agency launched its first Idaho office in Boise earlier this month. “Our brand-new office in Coeur d’Alene is an exciting next chapter for The Agency as our brand continues to […]