Top Mega Teams in Minnesota – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The Minnesota Real Estate TeamRE/MAX Advantage PlusBloomington, MN$550,448,878View Profile
    2Kris Lindahl Real EstateKris Lindahl Real EstateNew Hope, MN$486,976,941View Profile
    3Pemberton Homes TeameXp RealtyEdina, MN$300,000,000View Profile
    4Kerby & Cristina Real Estate ExpertsRE/MAX ResultsPlymouth, MN$252,629,626View Profile
    5Platzke Real Estate GroupColdwell Banker RealtyEden Prairie, MN$245,323,487View Profile
    6Desrochers Realty GroupeXp RealtyEdina, MN$201,449,399View Profile
    7Enclave TeamReal BrokerEagan, MN$164,175,326View Profile
    8The Advisory Realty GroupeXpHopkins, MN$143,100,000View Profile
    9The Pro TeamRE/MAX ResultsEdina, MN$126,670,915View Profile
    10Pinnacle TeameXp Realty – Pinnacle TeamWhite Bear Lake, MN$111,979,730View Profile
    11Grant Johnson GroupeXp RealtyArden Hills, MN$105,608,602View Profile
    12Chad Schwendeman Real Estate GroupeXp RealtyBaxter, MN$94,990,960View Profile
    13Huerkamp Home GroupKeller WilliamsBurnsville, MN$91,656,714View 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.

    Real Estate News

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    Opinion: How real estate will come back stronger 

    Oct 14, 2024By

    The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.

    Housing Market News

    Houses-Neighborhoods, Single Family 33

    How have two hurricanes impacted housing inventory? 

    Oct 13, 2024By

    Has seasonality finally kicked in or did back-to-back hurricanes slow things enough to influence inventory data?

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    Agent News

    New hire people mover

    Top agents boomerang back to Coldwell Banker Realty 

    Oct 09, 2024By

    Lynn Walsh of Massachusetts and Victoria Speer of North Carolina are returning return to the firm after time with other agencies.