Top Mega Teams in Miami, Florida – Ranked by Volume
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| Rank – City Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| 1 | The Carroll Group | Compass | Miami, FL | $628,428,560 | View Profile |
| 2 | Riley Smith Group | Compass | Miami, FL | $247,470,604 | View Profile |
| 3 | M Group | Compass | Miami, FL | $179,545,500 | View Profile |
| 4 | The Opes Group | Compass | Miami, FL | $106,052,021 | View Profile |
| 5 | Aston Rose Sports + Entertainment | Aston Rose Sports + Entertainment | Miami, FL | $59,874,618 | View Profile |
| 6 | OSCAR TERAN GROUP | eXp Realty, LLC | Miami, FL | $54,054,651 | View Profile |
2023 Miami, Florida Housing Market Summary
Miami, Florida started 2023 with a total of 1,550 single-family homes on the market, with a median home price of $730,000 and an average price per square foot of $484. By the end of the year, inventory had increased to 1,786 homes on the market (+15%), with a median home price of $850,000 (+16%) and an average price per square foot of $637 (+31%).
At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 70 days.
Miami started the year with 36% 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 34% of Miami homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Miami started 2023 as a strong seller’s market, with an MAI score of 58; by the end of the year, the MAI had dropped to 31 – 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.
Latest Posts
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin
Nov 20, 2023A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
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Bringing the real estate transaction to the end zone
Nov 08, 2023 -
Top team leader Bonneau Ansley on how he is redefining real estate success
Oct 23, 2023 -
Agent strategies for getting first-time homebuyers across the finish line
Oct 20, 2023 -
Real estate brokers focus on value amid commission lawsuit unease
Oct 16, 2023 -
Stakes are high as first buyer broker commission lawsuit goes to trial today
Oct 16, 2023
Housing Market News
Housing demand rises as inventory falls
Jan 28, 2024Even with mortgage rates higher this year than last, housing demand is up. It’s time to track the spring housing data.
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Pending home sales surged in December: NAR
Jan 26, 2024 -
2023 New home sales helped the economy avoid a recession
Jan 25, 2024 -
Another homeowners’ insurance carrier leaves California
Jan 25, 2024 -
Homebuilders end 2023 on a high note
Jan 25, 2024 -
DataDigest: Fannie Mae’s market view gets rosier, but traders get more skeptical
Jan 24, 2024
Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Miami News
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin
Nov 20, 2023A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
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Meet the new kid on the brokerage block: iad Group
Sep 29, 2023 -
47-year-old Florida indie brokerage joins RE/MAX
Sep 29, 2023 -
Insurance carrier exodus rattles California and Florida housing markets
Jul 25, 2023 -
Call It Closed partners with Team Hybrid on latest expansion
Jul 12, 2023 -
Tampa Realtors association board members resign amid conflict of interest investigation
Jun 30, 2023 -
Two mega teams join The Real Brokerage
May 16, 2023 -
From NCAA to 30A beaches: Ray Giacoletti on the transition to real estate
Apr 26, 2023