Top Mega Teams in Michigan – Ranked by Sides
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Rank – State Sides | Team Name | Company | Location | Sides | Profile |
---|---|---|---|---|---|
1 | The Monzo Group | Keller Williams Great Lakes | Grosse Pointe Woods, MI | 1,081.0 | View Profile |
2 | Glover Agency | Keller Williams Professionals | Plymouth, MI | 982.0 | View Profile |
3 | The Perna Team | eXp Realty, LLC | Novi, MI | 946.0 | View Profile |
4 | Mark Z Home Selling Team | eXp Realty, LLC | Novi, MI | 863.0 | View Profile |
5 | Wentworth Real Estate Group | Wentworth Real Estate Group | Fenton , MI | 841.0 | View Profile |
6 | In Network Real Estate Team | Keller Williams Paint Creek | Rochester, MI | 442.0 | View Profile |
7 | Nexus Group | RE/MAX Nexus | Birmingham, MI | 321.0 | View Profile |
8 | The SELLING Team | Keller Williams Realty Lansing | Lansing, MI | 318.9 | View Profile |
9 | The Delia Group | Keller Williams Paint Creek | Rochester, MI | 210.0 | View Profile |
10 | James Silver Team | Keller Williams Paint Creek | Rochester, MI | 161.0 | View Profile |
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.
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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.
Michigan News
The Agency makes its Midwest debut
Mar 28, 2022Global luxury real estate brokerage The Agency announced the opening of its 32nd franchise and its debut in the Midwest, with a new office located in Birmingham, Michigan.
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Investors are buying more, but spending less
Oct 22, 2021