Top Mega Teams in Arizona – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1JMGJason Mitchell Real EstateScottsdale, AZ$4,193,656,121View Profile
2The Laughton TeamMy Home GroupPeoria, AZ$643,929,759View Profile
3KP Elite | Zaback GroupLPT RealtyChandler, AZ$341,483,001View Profile
4The Rider Elite TeamKeller WilliamsScottsdale, AZ$298,331,775View Profile
5Be Wealthy NetworkKeller WilliamsMesa, AZ$267,071,178View Profile
6The Carin Nguyen Real Estate NetworkReal Broker LLCLitchfield Park, AZ$245,409,846View Profile
7Sibbach TeameXp RealtyScottsdale, AZ$232,945,720View Profile
8The Luna Teamexp realtyAvondale, AZ$227,563,579View Profile
9The Wehner GroupWehner Group eXp RealtyScottsdale, AZ$144,526,451View Profile
10Wehner GroupeXp RealtyScottsdale, AZ$143,671,245View Profile
11APX Real Estate GroupeXp Realty LLCLake Havasu City, AZ$138,971,597View Profile
12The Curtis Johnson TeameXp RealtyChandler, AZ$102,561,751View Profile
13The Garcia GroupeXp RealtyLitchfield Park, AZ$101,633,705View Profile
14Tackett TeameXp RealtyScottsdale, AZ$99,865,672View Profile
15Wilhems TeameXp RealtyTucson, AZ$74,929,290View Profile
16The Rugolo TeameXp RealtyScottsdale, AZ$68,728,782View Profile
17The Ethridge TeameXp RealtyChandler, AZ$65,010,196View Profile
18Group 46:10eXp RealtyScottsdale, AZ$48,817,096View Profile
19Alan Levanson TeamBerkshire Hathaway HomeServices Arizona PropertiesScottsdale, AZ$43,790,250View 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.

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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.