Top Mega Teams in Maryland – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Lucido AgencyKeller Williams Lucido AgencyEldersburg, MD$991,490,556View Profile
2The Bob & Ronna GroupPenFed RealtyEllicott City, MD$290,615,479View Profile
3SURE SALES GROUPHomesale RealtyBaltimore, MD$188,172,679View Profile
4Lee Tessier TeameXp Realty, LLCBel Air, MD$158,717,968View Profile
5Heller Coley Reed TeamLong & Foster Real Estate, Inc.Bethesda , MD$149,945,380View Profile
6Speicher GroupLong & Foster Real Estate, Inc.Bethesda , MD$112,468,609View Profile
7Team ReederLong & Foster Real Estate, Inc.Frederick, MD$101,688,804View Profile
8Jim Schaecher GroupKeller Williams Realty Flagship of MarylandMillersville, MD$100,270,652View Profile
9Wyble TeamCENTURY 21 New MillenniumMillersville, MD$99,057,375View Profile
10Premier GroupLong & Foster Real Estate, Inc.Frederick, MD$91,734,701View Profile
11Umanzor And AssociatesLong & Foster Real Estate, Inc.Bethesda , MD$79,124,565View Profile
12The Newman GroupKeller Williams Realty Flagship of MarylandMillersville, MD$63,284,321View Profile
13The List RealtyThe List RealtyGaithersburg, MD$30,997,397View Profile

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2022 Market Summary

Maryland started 2022 with a total of 3,325 single-family homes on the market, with a median home price of $399,900 and an average price per square foot of $238. By the end of the year, inventory had increased to 4,589 homes on the market (+38%), with a median home price of $449,900 (+12%) and an average price per square foot of $237 (+0%).

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 63 days.

Maryland 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 38% of Maryland homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Maryland started 2022 as a strong seller’s market, with an MAI score of 54; by the end of the year, the MAI had dropped to 40 – a slight seller’s advantage.

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

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