Top Mega Teams in Maryland – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1Lucido AgencyKeller WilliamsEllicott City, MD 1,535.0View Profile
    2The Bob & Ronna GroupPenFed RealtyEllicott City, MD 578.0View Profile
    3The Maryland & Delaware GroupLong & Foster Real EstateSalisbury, MD 422.0View Profile
    4Sure Sales GroupBerkshire Hathaway HomeServices Homesale RealtyBaltimore, MD 378.0View Profile
    8Lee Tessier TeameXp RealtyBel Air, MD 305.0View Profile
    12Team ReederLong & Foster Real EstateFrederick, MD 228.6View Profile
    14Five Doors NetworkKeller WilliamsEldersburg, MD 208.2View Profile
    17Jim Schaecher GroupKeller WilliamsMillersville, MD 187.0View Profile
    25Premier GroupLong & Foster Real EstateFrederick, MD 160.0View Profile
    30Alta GroupeXp RealtyKensington, MD 152.0View Profile
    31The Fine Living GroupeXp RealtyRockville, MD 149.0View Profile
    37The Rollings Home TeameXp RealtyOlney, MD 144.0View Profile

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    2023 Maryland Housing Market Summary

    Maryland started 2023 with a total of 4,373 single-family homes on the market, with a median home price of $453,500 and an average price per square foot of $243. By the end of the year, inventory had decreased to 4,038 homes on the market (-7%), with a median home price of $475,000 (+4%) and an average price per square foot of $243 (+0%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

    Maryland started the year with 35% 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 32% of Maryland homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Maryland started 2023 as a strong seller’s market, with an MAI score of 48; by the end of the year, the MAI had dropped to 44 – 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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