Top Mega Teams in Minnesota – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Kris Lindahl Real EstateKris Lindahl Real Estate, LLCMinneapolis, MN$740,000,000View Profile
2The Minnesota Real Estate TeamRE/MAX Advantage PlusBloomington, MN$667,110,218View Profile
3Pemberton Homes TeameXp Realty, LLCExcelsior, MN$297,321,602View Profile
4Kerby & Cristina Real Estate ExpertsRE/MAX ResultsPlymouth, MN$257,000,000View Profile
5Helgeson/Platzke Real Estate GroupColdwell Banker RealtyEden Prairie, MN$247,342,174View Profile
6Desrochers Realty GroupeXp Realty, LLCEdina, MN$189,037,655View Profile
7The Pro TeamRE/MAX ResultsEdina, MN$170,277,312View Profile
8Pinnacle TeameXp Realty, LLCOakdale , MN$141,123,438View Profile
9Huerkamp Home Group Keller Williams Preferred RealtyBurnsville, MN$105,611,187View Profile
10The Property GeekseXp Realty, LLCLakeville, MN$54,522,588View Profile

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2023 Minnesota Housing Market Summary

Minnesota started 2023 with a total of 5,775 single-family homes on the market, with a median home price of $399,900 and an average price per square foot of $215. By the end of the year, inventory had increased to 6,927 homes on the market (+19%), with a median home price of $399,900 (+0%) and an average price per square foot of $214 (+0%).

At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

Minnesota started the year with 31% 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 Minnesota homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Minnesota started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 37 – 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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