Top Mega Teams in Michigan – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Wentworth Real Estate GroupWentworth Real Estate GroupFenton , MI$260,227,410View Profile
    2The Perna TeameXp Realty, LLCNovi, MI$256,914,592View Profile
    3Glover AgencyKeller Williams ProfessionalsPlymouth, MI$238,923,073View Profile
    4Mark Z Home Selling TeameXp Realty, LLCNovi, MI$222,806,848View Profile
    5The Monzo GroupKeller Williams Great LakesGrosse Pointe Woods, MI$126,950,000View Profile
    6In Network Real Estate TeamKeller Williams Paint CreekRochester, MI$109,841,775View Profile
    7Nexus GroupRE/MAX NexusBirmingham, MI$77,268,162View Profile
    8The SELLING TeamKeller Williams Realty LansingLansing, MI$63,962,632View Profile
    9The Delia GroupKeller Williams Paint CreekRochester, MI$60,495,390View Profile
    10James Silver TeamKeller Williams Paint CreekRochester, MI$34,659,302View 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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