Top Mega Teams in Maryland – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Lucido AgencyKeller WilliamsEllicott City, MD$781,948,347View Profile
    2The Bob & Ronna GroupPenFed RealtyEllicott City, MD$280,218,508View Profile
    3Sure Sales GroupBerkshire Hathaway HomeServices Homesale RealtyBaltimore, MD$155,808,063View Profile
    4The Maryland & Delaware GroupLong & Foster Real EstateSalisbury, MD$123,754,152View Profile
    5Lee Tessier TeameXp RealtyBel Air, MD$117,573,830View Profile
    6Team ReederLong & Foster Real EstateFrederick, MD$96,471,825View Profile
    7Five Doors NetworkKeller WilliamsEldersburg, MD$95,939,509View Profile
    8Jim Schaecher GroupKeller WilliamsMillersville, MD$86,601,165View Profile
    9The Rollings Home TeameXp RealtyOlney, MD$76,710,055View Profile
    10Premier GroupLong & Foster Real EstateFrederick, MD$73,345,215View Profile
    11The Fine Living GroupeXp RealtyRockville, MD$68,401,070View Profile
    12Alta GroupeXp RealtyKensington, MD$56,451,803View 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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