Top Medium Teams in Phoenix, Arizona – Ranked by Sides
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Rank – City Sides | Team Name | Company | Location | Sides | Profile |
---|---|---|---|---|---|
1 | Arizona Ranch & Farm Group | Keller Williams Realty Sonoran Living | Phoenix, AZ | 173.3 | View Profile |
2 | Collective Real Estate Collection | Collective Real Estate Collection | Phoenix, AZ | 81.0 | View Profile |
3 | RO Luxury Group | North&Co. | Phoenix, AZ | 68.0 | View Profile |
4 | The Phil Tibi Group | North&Co. | Phoenix, AZ | 62.0 | View Profile |
2022 Market Summary
Phoenix, Arizona started 2022 with a total of 810 single-family homes on the market, with a median home price of $500,000 and an average price per square foot of $312. By the end of the year, inventory had increased to 2,054 homes on the market (+153%), with a median home price of $457,000 (-8%) and an average price per square foot of $303 (-2%).
At the start of 2022, the median days on market (DOM) was 35 days – by the end of the year, median DOM had increased to 77 days.
Phoenix 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 61% of Phoenix homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Phoenix started 2022 as a strong seller’s market, with an MAI score of 62; by the end of the year, the MAI had dropped to 36 – a slight seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
Latest Posts
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Sep 29, 2023“You’ve probably heard this mantra — your listing, your lead, but most of the lead aggregators in the country say, ‘Your listing, our lead, and then we’ll distribute it to whoever pays us the most,’” said Dan Duffy, CEO of United Holdings at Elevate, the firm’s annual conference held in Orlando. “We’re trying to reverse […]
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NAR, brokerages say Sitzer/Burnett plaintiffs are trying to dodge cross examination HW+
Sep 29, 2023 -
Meet the new kid on the brokerage block: iad Group HW+
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Non-white homebuyers feel discrimination despite laws against it: Redfin HW+
Sep 29, 2023 -
47-year-old Florida indie brokerage joins RE/MAX HW+
Sep 29, 2023 -
Zillow moves to have REX suit dismissed HW+
Sep 29, 2023
Housing Market News
As rising mortgage rates push buyers to the brink, sellers are starting to cut prices HW+
Sep 29, 2023In some markets, more than 50% of active listings have had a price cut as mortgage rates rise ever closer to the 8% mark.
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To overcome surging mortgage rates, borrowers are turning to mom and dad HW+
Sep 29, 2023 -
Non-white homebuyers feel discrimination despite laws against it: Redfin HW+
Sep 28, 2023 -
Pending home sales fell 7.1% in August HW+
Sep 28, 2023 -
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin HW+
Sep 27, 2023 -
LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market HW+
Sep 27, 2023
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.
Phoenix News
Scottsdale-based The Rubino West Team joins West USA Realty HW+
May 09, 2023The Rubino West Team announced on Tuesday that it has joined West USA Realty, with a focus on the organization’s Luxury Division.
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Arizona-based brokerage The Ellens Team joins Platinum Living Realty HW+
May 03, 2023 -
Keller Williams acquires top-producing Arizona indie brokerage HW+
Apr 28, 2023 -
West USA’s Todd Menard talks the flat fee model HW+
Mar 27, 2023 -
Walt Danley Christie’s International joins Local Luxury Real Estate HW+
Mar 16, 2023 -
Five more MLSs join CubiCasa’s MLS Partner Program HW+
Mar 07, 2023 -
NAR asks court to toss listing agent omission lawsuit HW+
Mar 03, 2022 -
Investors are buying more, but spending less HW+
Oct 22, 2021