Top Mega Teams in Arizona – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1JMGJason Mitchell Real EstateScottsdale, AZ$3,375,961,496View Profile
2The Laughton TeamLaughton & Laughton PLLCPeoria, AZ$1,104,694,240View Profile
3KP EliteKP EliteChandler, AZ$293,526,928View Profile
4KP Elite TeameXp Realty, LLCChandler, AZ$290,354,188View Profile
5The Rider Elite TeamKeller Williams Arizona RealtyScottsdale, AZ$275,545,580View Profile
6Sibbach TeameXp Realty, LLCScottsdale, AZ$264,655,632View Profile
7Valley Dream TeameXp Realty, LLCGlendale, AZ$235,590,769View Profile
8Wehner GroupeXp Realty, LLCScottsdale, AZ$221,404,918View Profile
9Elite Home AdvisorsKeller Williams Realty PhoenixTempe, AZ$156,848,409View Profile
10The Valley Solutions TeamHomeSmart Gilbert, AZ$151,946,421View Profile
11The Heritage Group NetworkKeller Williams Arizona Living RealtyLake Havasu City, AZ$122,019,282View Profile
12Stratton GroupKeller Williams Realty Tucson-Marana / Oro ValleyTucson, AZ$117,561,493View Profile
13The MoJo TeamRealty ONE GroupScottsdale, AZ$110,390,006View Profile
14The Studebaker GroupNorth&Co.Scottsdale, AZ$72,103,272View Profile
15Advantage Home TeamKeller Williams Legacy One RealtyCasa Grande, AZ$69,928,228View Profile
16Listing LLamaKeller Williams Integrity First RealtyGilbert, AZ$46,837,326View Profile
17Team UncommonKeller Williams Northeast RealtyPhoenix, AZ$39,030,247View Profile
18Alan Levanson TeamArizona PropertiesScottsdale, AZ$27,689,750View Profile

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2023 Arizona Housing Market Summary

Arizona started 2023 with a total of 16,332 single-family homes on the market, with a median home price of $470,000 and an average price per square foot of $281. By the end of the year, inventory had decreased to 14,636 homes on the market (-10%), with a median home price of $509,992 (+8%) and an average price per square foot of $307 (+9%).

At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days. Arizona started the year with 48% 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 40% of Arizona homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arizona started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 34 – 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.

Frequently Asked Questions

Agent News

2024 is not the year to cut corners on staging — here’s why 

Jan 29, 2024By

With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.