Top Mega Teams in Illinois – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Dawn McKenna GroupColdwell Banker RealtyChicago, IL$558,013,270View Profile
    2The Jane Lee TeamRE/MAX Top PerformersLake Bluff, IL$257,153,836View Profile
    8Vesta TeamVesta Preferred RealtyChicago, IL$150,440,212View Profile
    9The Ben Lalez TeamCompassChicago, IL$149,118,112View Profile
    10The GGL GroupCompassLake Forest, IL$144,127,041View Profile
    18Kim AldenCompassBarrington, IL$98,770,689View Profile
    20The Star Home TeamBetter Homes and Gardens Real Estate Star HomesGrayslake, IL$92,775,097View Profile
    21Gagliardo GroupCompassRiver Forest, IL$90,644,584View Profile
    24The Sergio & Banks Group@properties Christie’s International Real EstateChicago, IL$84,443,330View Profile
    27Alex Stoykov GroupCompassChicago, IL$81,999,634View Profile
    38Qamar GroupCompassChicago, IL$72,679,793View Profile
    46Lewke Partners, IncKeller WilliamsCrystal Lake, IL$68,774,872View Profile
    61The Axon GroupeXp RealtyEvergreen Park, IL$58,739,074View Profile
    87Frank Montro HomesKeller WilliamsOrland Park, IL$48,371,895View Profile
    167Keystone Home Hub MainCompassWest Dundee, IL$34,273,639View Profile
    188Smothers GroupCompassLa Grange, IL$32,081,855View Profile
    229Advisors NorthCompassNorthbrook, IL$28,576,390View Profile
    281North GroupCompassAlgonquin, IL$24,729,316View 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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