Top Mega Teams in Michigan – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1The Monzo GroupKeller Williams Great LakesGrosse Pointe Woods, MI 1,081.0View Profile
2Glover AgencyKeller Williams ProfessionalsPlymouth, MI 982.0View Profile
3The Perna TeameXp Realty, LLCNovi, MI 946.0View Profile
4Mark Z Home Selling TeameXp Realty, LLCNovi, MI 863.0View Profile
5Wentworth Real Estate GroupWentworth Real Estate GroupFenton , MI 841.0View Profile
6In Network Real Estate TeamKeller Williams Paint CreekRochester, MI 442.0View Profile
7Nexus GroupRE/MAX NexusBirmingham, MI 321.0View Profile
8The SELLING TeamKeller Williams Realty LansingLansing, MI 318.9View Profile
9The Delia GroupKeller Williams Paint CreekRochester, MI 210.0View Profile
10James Silver TeamKeller Williams Paint CreekRochester, MI 161.0View Profile

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2022 Market Summary

Michigan started 2022 with a total of 11,122 single-family homes on the market, with a median home price of $199,500 and an average price per square foot of $164. By the end of the year, inventory had increased to 15,914 homes on the market (+43%), with a median home price of $229,900 (+15%) and an average price per square foot of $174 (+6%).

At the start of 2022, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 70 days.

Michigan started the year with 26% 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 35% of Michigan homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Michigan started 2022 as a strong seller’s market, with an MAI score of 49; 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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