Top Mega Teams in Miami, Florida – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    1The Carroll GroupCompassMiami, FL$628,428,560View Profile
    2Riley Smith GroupCompassMiami, FL$247,470,604View Profile
    3M GroupCompassMiami, FL$179,545,500View Profile
    4The Opes GroupCompassMiami, FL$106,052,021View Profile
    5Aston Rose Sports + EntertainmentAston Rose Sports + EntertainmentMiami, FL$59,874,618View Profile
    6OSCAR TERAN GROUPeXp Realty, LLCMiami, FL$54,054,651View Profile

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    2022 Market Summary

    Miami, Florida started 2022 with a total of 1,427 single-family homes on the market, with a median home price of $599,900 and an average price per square foot of $377. By the end of the year, inventory had increased to 1,735 homes on the market (+21%), with a median home price of $720,000 (+20%) and an average price per square foot of $457 (+21%).

    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 77 days.

    Miami started the year with 22% 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 36% of Miami homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Miami started 2022 as a seller’s market, with an MAI score of 38; by the end of the year, the MAI had rose to 43 – 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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    Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin 

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