Top Mega Teams in Tennessee – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1The Ashton Real Estate GroupRE/MAX AdvantageNashville, TN 1,931.0View Profile
    2The Short Term ShopeXp Realty, LLCMt. Juliet, TN 1,523.0View Profile
    3The Huffaker GroupKeller Williams Realty Mt. JulietMt. Juliet, TN 508.6View Profile
    4The Edrington TeamJ Douglas PropertiesChattanooga, TN 463.0View Profile
    5Wallace Group Home & LoanKeller Williams Realty Memphis CentralMemphis, TN 430.2View Profile
    6Kellerhals TeamKeller Williams Realty Greater DowntownChattanooga, TN 349.5View Profile
    7Luxury Homes InternationalLuxury Homes International Franklin, TN 252.7View Profile
    8The Layson GroupKeller Williams Realty Memphis CentralMemphis, TN 218.0View Profile
    9The Cook Team Keller Williams Realty Knoxville-WestKnoxville, TN 207.4View Profile
    10The Home GurusKeller Williams Realty Memphis CentralMemphis, TN 178.0View Profile

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    2022 Market Summary

    Tennessee started 2022 with a total of 6,707 single-family homes on the market, with a median home price of $349,000 and an average price per square foot of $209. By the end of the year, inventory had increased to 15,538 homes on the market (+131%), with a median home price of $416,770 (+19%) and an average price per square foot of $236 (+12%).

    At the start of 2022, the median days on market (DOM) was 49 days – by the end of the year, median DOM had increased to 77 days.

    Tennessee started the year with 22% 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 38% of Tennessee homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Tennessee started 2022 as a strong seller’s market, with an MAI score of 54; by the end of the year, the MAI had dropped to 33 – 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.

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