Top Large Teams in Michigan – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Alex Milshteyn Real Estate AssociatesColdwell Banker RealtyAnn Arbor, MI$188,249,033View Profile
2Ronnie A TeamKeller Williams LegacyDearborn, MI$81,114,525View Profile
3TVA+RLA Real Estate FirmKeller Williams Domain BirminghamBirmingham, MI$78,415,654View Profile
4Red Door Realty Group (Group)Keller WIlliams Realty LivingBrighton, MI$61,706,155View Profile
5Smallegan Real EstateKeller Williams Realty of Grand RapidsGrand Rapids, MI$51,654,027View Profile
6THE MATT MULDER TEAMKeller Williams KalamazooKalamazoo, MI$50,360,786View Profile
7Gateway GroupKeller Williams Realty LansingLansing, MI$49,623,892View Profile
8MI Home GroupColdwell Banker Woodland-SchmidtHolland, MI$49,581,087View Profile
9MRG RealtorsReal Estate OneTroy, MI$47,711,892View Profile
10The Pettit Properties TeamKeller Williams Realty of Grand RapidsGrand Rapids, MI$46,384,318View Profile
11Brian McDonaldRE/MAX ExecutiveAllegan, MI$41,267,950View Profile
12Bunn Warren & Associates (Group)Keller WIlliams Realty LivingBrighton, MI$39,336,400View Profile
13Jeff Burke and AssociatesKeller Williams Realty LansingLansing, MI$34,589,955View Profile
14MI Roots Real Estate Group (Group)Keller WIlliams Realty LivingBrighton, MI$26,924,801View Profile
15The McCarty TeamKeller Williams FirstGrand Blanc, MI$25,628,575View Profile
16The Tina Peterson TeamReal Estate OneBrighton, MI$24,971,703View Profile

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2023 Michigan Housing Market Summary

Michigan started 2023 with a total of 14,970 single-family homes on the market, with a median home price of $230,000 and an average price per square foot of $175. By the end of the year, inventory had decreased to 13,638 homes on the market (-8%), with a median home price of $239,900 (+4%) and an average price per square foot of $181 (+3%).

At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days.

Michigan started the year with 33% 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 33% of Michigan homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Michigan started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 38 – a slight seller’s advantage.

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

Housing Market News

The Texas-sized problem with housing inventory figures 

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