Top Mega Teams in Michigan – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1The Monzo GroupKeller WilliamsSt. Clair Shores, MI 1,043.0View Profile
    2The Perna TeamThe Perna TeamNovi, MI 771.0View Profile
    3Glover AgencyKeller WilliamsPlymouth, MI 728.0View Profile
    4Mark Z Home Selling TeameXp RealtyNovi, MI 669.0View Profile
    5Best Life & CoeXpRoyal Oak, MI 561.0View Profile
    5Best Life & CoeXp RealtyRoyal Oak, MI 561.0View Profile
    7Ken Hirschmann & Associates Best Life & Co.eXp RealtyRoyal Oak, MI 560.0View Profile
    8Team Peterson Jackson Real Estate ProfessionalseXp Realty Southfield , MI 210.0View Profile
    9Nexus GroupRE/MAX NexusBirmingham, MI 206.0View Profile
    10Team Peterson-JacksoneXp RealtyFarmington Hills, MI 205.0View Profile
    11Bunn Warren & Associates (Group)Keller WilliamsBrighton, MI 131.0View Profile
    12The Zeoli GroupeXp RealtyTroy, MI 123.0View 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.

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