Top Large Teams in Michigan – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Alex Milshteyn Real EstateColdwell Banker RealtyAnn Arbor, MI$143,458,418View Profile
2Welch Real EstateeXp RealtyMonroe, MI$102,071,652View Profile
3Ronnie A TeamKeller WilliamsDearborn, MI$96,715,074View Profile
4Roy-Miller TeamBerkshire Hathaway HomeServices Michigan Real EstatePortage, MI$73,181,276View Profile
5Smallegan Real EstateKeller Williams Grand Rapids NorthGrand Rapids, MI$65,574,962View Profile
6The Packer GroupPreferred Realtors, Ltd.Plymouth, MI$60,579,265View Profile
7The SELLING TeamKeller WilliamsLansing, MI$58,461,907View Profile
8The Pettit Properties TeamKeller WilliamsGrand Rapids, MI$54,574,729View Profile
9Christina Gennari GroupKeller WilliamsBirmingham, MI$50,677,779View Profile
10MI Home GroupColdwell Banker Woodland-SchmidtHolland, MI$46,925,345View Profile
11Exp EliteeXp RealtyRoseville, MI$45,076,504View Profile
12The Matt Mulder TeamKeller WilliamsKalamazoo, MI$44,367,386View Profile
13The Delia GroupKeller WilliamsRoyal Oak, MI$43,869,495View Profile
14Lucas Howard GroupKeller WilliamsGrand Rapids, MI$43,607,907View Profile
15The Jenkins TeamCENTURY 21 AffiliatedHillsdale, MI$40,031,057View Profile
16LaBrie Real Estate GroupKeller WilliamsDavison, MI$40,023,966View Profile
17The Tina Peterson TeamReal Estate OneBrighton, MI$36,394,114View Profile
18Brian McDonaldRE/MAX ExecutiveAllegan, MI$36,037,107View Profile
19Jeff Burke and AssociatesKeller WilliamsLansing, MI$34,932,545View Profile
20Mathew Belanger AgencyKeller WilliamsRochester, MI$31,206,153View Profile
21The Hines TeamKeller WilliamsShelby Township, MI$30,822,445View Profile
22James Silver TeamKeller WilliamsTroy, MI$28,594,653View Profile

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2023 Michigan Housing Market Summary

Michigan started 2023 with a total of 14,970 single-family homes on the market, with a median home price of $230,000 and an average price per square foot of $175. By the end of the year, inventory had decreased to 13,638 homes on the market (-8%), with a median home price of $239,900 (+4%) and an average price per square foot of $181 (+3%).

At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days.

Michigan started the year with 33% 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 33% of Michigan homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Michigan started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 38 – 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

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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