Top Mega Teams in Michigan – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1The Monzo GroupKeller WilliamsSt. Clair Shores, MI 1,043.0View Profile
2The Perna TeamThe Perna TeamNovi, MI 771.0View Profile
3Glover AgencyKeller WilliamsPlymouth, MI 728.0View Profile
4Mark Z Home Selling TeameXp RealtyNovi, MI 669.0View Profile
5Best Life & CoeXpRoyal Oak, MI 561.0View Profile
5Best Life & CoeXp RealtyRoyal Oak, MI 561.0View Profile
7Ken Hirschmann & Associates Best Life & Co.eXp RealtyRoyal Oak, MI 560.0View Profile
8Team Peterson Jackson Real Estate ProfessionalseXp Realty Southfield , MI 210.0View Profile
9Nexus GroupRE/MAX NexusBirmingham, MI 206.0View Profile
10Team Peterson-JacksoneXp RealtyFarmington Hills, MI 205.0View Profile
11Bunn Warren & Associates (Group)Keller WilliamsBrighton, MI 131.0View Profile
12The Zeoli GroupeXp RealtyTroy, MI 123.0View 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.

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Michigan News

The Agency makes its Midwest debut 

Mar 28, 2022By

Global 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.