Top Mega Teams in Illinois – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    3The Jane Lee TeamRE/MAX Top PerformersLake Bluff, IL 519.0View Profile
    7The Star Home TeamBetter Homes and Gardens Real Estate Star HomesGrayslake, IL 335.0View Profile
    8Dawn McKenna GroupColdwell Banker RealtyChicago, IL 329.8View Profile
    9Vesta TeamVesta Preferred RealtyChicago, IL 316.0View Profile
    11The Ben Lalez TeamCompassChicago, IL 281.0View Profile
    12Kim AldenCompassBarrington, IL 254.0View Profile
    19Frank Montro HomesKeller WilliamsOrland Park, IL 212.0View Profile
    25The Axon GroupeXp RealtyEvergreen Park, IL 187.0View Profile
    27Qamar GroupCompassChicago, IL 184.0View Profile
    29Lewke Partners, IncKeller WilliamsCrystal Lake, IL 182.4View Profile
    30Gagliardo GroupCompassRiver Forest, IL 178.0View Profile
    32Alex Stoykov GroupCompassChicago, IL 175.0View Profile
    50The Sergio & Banks Group@properties Christie’s International Real EstateChicago, IL 154.0View Profile
    66The GGL GroupCompassLake Forest, IL 135.0View Profile
    100Keystone Home Hub MainCompassWest Dundee, IL 112.0View Profile
    166North GroupCompassAlgonquin, IL 84.0View Profile
    183Advisors NorthCompassNorthbrook, IL 80.0View Profile
    231Smothers GroupCompassLa Grange, IL 69.0View Profile

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    2023 Illinois Housing Market Summary

    Illinois started 2023 with a total of 12,193 single-family homes on the market, with a median home price of $264,500 and an average price per square foot of $167. By the end of the year, inventory had decreased to 11,672 homes on the market (-4%), with a median home price of $289,900 (+9%) and an average price per square foot of $175 (+4%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

    Illinois 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 30% of Illinois homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Illinois started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 37 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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