Top Large Teams in Mississippi – Ranked by Volume
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Rank – State Volume | Team Name | Company | Location | Volume | Profile |
---|---|---|---|---|---|
3 | The Home Gurus | Keller Williams | Southaven, MS | $37,627,406 | View Profile |
2023 Mississippi Housing Market Summary
Mississippi started 2023 with a total of 4,551 single-family homes on the market, with a median home price of $279,999 and an average price per square foot of $141. By the end of the year, inventory had increased to 5,684 homes on the market (+24%), with a median home price of $285,000 (+1%) and an average price per square foot of $153 (+8%).
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.
Mississippi 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 Mississippi homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Mississippi started 2023 as a seller’s market, with an MAI score of 42; by the end of the year, the MAI had dropped to 30 – a balanced buyer and seller’s market.
This market summary is powered by Altos Research – click here to run a free report for your area.
Real Estate News
DOJ to Supreme Court: We never agreed ’not to reopen’ NAR investigation
Dec 12, 2024The U.S. Department of Justice (DOJ) is not playing around when it comes to the National Association of Realtors (NAR), which petitioned the U.S. Supreme Court to look at an appeals court ruling allowing the DOJ to reopen its investigation into the trade group.
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Housing Market News
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Dec 12, 2024Activity from institutional sellers at distressed property auctions foreshadows slowing home price appreciation in 2025.
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Agent News
Another sexual assault suit is being filed against broker Oren Alexander
Dec 12, 2024An unnamed Jane Doe is seeking compensatory and punitive damages in relation to an alleged “planned brutal rape” in Miami in 2016.
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Winning the mental game: Keys to real estate success in 2025
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