Top Mega Teams in Philadelphia, Pennsylvania – Ranked by Volume
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| Rank – City Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| 1 | The Mike McCann Team | KW Philly South | Philadelphia, PA | $441,921,964 | View Profile |
| 2 | TCS Group | Keller Williams Philadelphia Center City | Philadelphia, PA | $316,497,501 | View Profile |
| 3 | Center City Listings | KW Philly South | Philadelphia, PA | $220,727,772 | View Profile |
| 4 | Jim Roche Real Estate | KW Philly South | Philadelphia, PA | $185,674,390 | View Profile |
| 5 | The Sivel Group | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Philadelphia, PA | $134,954,567 | View Profile |
| 6 | Global Living | KW Philly South | Philadelphia, PA | $110,611,186 | View Profile |
| 7 | The Somers Team | Keller Williams Philadelphia Center City | Philadelphia, PA | $91,381,946 | View Profile |
| 8 | MyPhilly.House | Compass | Philadelphia, PA | $79,965,100 | View Profile |
| 9 | The Center City South Team | KW Philly South | Philadelphia, PA | $66,465,493 | View Profile |
| 10 | Venture Philly | Keller Williams Philadelphia Center City | Philadelphia, PA | $40,621,249 | View Profile |
2022 Market Summary
Philadelphia, Pennsylvania started 2022 with a total of 2,187 single-family homes on the market, with a median home price of $279,000 and an average price per square foot of $260. By the end of the year, inventory had increased to 2,909 homes on the market (+33%), with a median home price of $265,000 (-5%) and an average price per square foot of $213 (-18%).
At the start of 2022, the median days on market (DOM) was 77 days – by the end of the year, median DOM had increased to 84 days.
Philadelphia started the year with 40% 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 47% of Philadelphia homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Philadelphia started 2022 as a strong seller’s market, with an MAI score of 51; by the end of the year, the MAI had dropped to 31 – 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.
Latest Posts
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Housing Market News
2023 was the worst year for homebuyers on record
Dec 08, 2023High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record.
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FirstHome IQ now has 60 ambassadors boosting financial literacy
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Impatient homebuyers are gradually accepting the reality of the housing market: BofA
Dec 04, 2023 -
Pending home sales fall to their lowest level in two decades
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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.
Philadelphia News
Engel & Völkers sets up shop in Pittsburgh and Sewickley
Jul 14, 2023Luxury real estate brand Engel & Völkers announced on Friday the opening of locations in Pittsburgh and Sewickley.