Top Small Teams in North Dakota – Ranked By Sides
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|Rank – State Sides||Team Name||Company||Location||Sides||Profile|
|1||CollinsIGruchow Group||RE/MAX Legacy Realty||Fargo, ND||80.0||View Profile|
|2||Vonesh Real Estate Team||Keller Williams Inspire Realty||Fargo, ND||73.5||View Profile|
|3||Team Heritage Homes||Premier Properties||Fargo, ND||66.0||View Profile|
|4||HomeVest Team||CENTURY 21 Morrison Realty||Bismarck, ND||65.0||View Profile|
2022 Market Summary
North Dakota started 2022 with a total of 1,121 single-family homes on the market, with a median home price of $281,900 and an average price per square foot of $139. By the end of the year, inventory had increased to 1,456 homes on the market (+29%), with a median home price of $299,900 (+6%) and an average price per square foot of $157 (+12%).
At the start of 2022, the median days on market (DOM) was 98 days – by the end of the year, median DOM had remained the same at 98 days.
North Dakota started the year with 20% 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 North Dakota homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that North Dakota started 2022 as a seller’s market, with an MAI score of 36; by the end of the year, the MAI had dropped to 28 – a buyer’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
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Frequently Asked Questions
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.
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.
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
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.
View the full Rankings FAQ page here.
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