Top Mega Teams in Maryland – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Lucido AgencyKeller WilliamsEllicott City, MD$781,948,347View Profile
2The Bob & Ronna GroupPenFed RealtyEllicott City, MD$280,218,508View Profile
3Sure Sales GroupBerkshire Hathaway HomeServices Homesale RealtyBaltimore, MD$155,808,063View Profile
4The Maryland & Delaware GroupLong & Foster Real EstateSalisbury, MD$123,754,152View Profile
5Lee Tessier TeameXp RealtyBel Air, MD$117,573,830View Profile
6Team ReederLong & Foster Real EstateFrederick, MD$96,471,825View Profile
7Five Doors NetworkKeller WilliamsEldersburg, MD$95,939,509View Profile
8Jim Schaecher GroupKeller WilliamsMillersville, MD$86,601,165View Profile
9The Rollings Home TeameXp RealtyOlney, MD$76,710,055View Profile
10Premier GroupLong & Foster Real EstateFrederick, MD$73,345,215View Profile
11The Fine Living GroupeXp RealtyRockville, MD$68,401,070View Profile
12Alta GroupeXp RealtyKensington, MD$56,451,803View Profile

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2023 Maryland Housing Market Summary

Maryland started 2023 with a total of 4,373 single-family homes on the market, with a median home price of $453,500 and an average price per square foot of $243. By the end of the year, inventory had decreased to 4,038 homes on the market (-7%), with a median home price of $475,000 (+4%) and an average price per square foot of $243 (+0%).

At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

Maryland started the year with 35% 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 32% of Maryland homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Maryland started 2023 as a strong seller’s market, with an MAI score of 48; by the end of the year, the MAI had dropped to 44 – a slight seller’s advantage.

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

Real Estate News

Opinion: How real estate will come back stronger 

Oct 14, 2024By

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.

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