Top Mega Teams in Missouri – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The Rob Ellerman TeamReeceNicholsLee’s Summit, MO$730,880,646View Profile
    2The Gellman TeameXp Realty, LLCChesterfield, MO$242,898,470View Profile
    3Matt Smith Real Estate GroupMatt Smith Real Estate GroupSt. Robert, MO$143,478,083View Profile
    4Cantrell Real EstateCantrell Real EstateSpringfield, MO$142,521,704View Profile
    5Matt Smith Re GroupeXp RealtyDixon, MO$141,360,338View Profile
    6Eric Craig Real EstateKeller WilliamsKansas City, MO$124,729,331View Profile
    7The Hern GroupKeller WilliamsLee’s Summit, MO$75,324,392View Profile
    8The Nations NetworkKeller WilliamsSt. Louis, MO$72,241,617View Profile
    9The Chad Wilson GroupKeller WilliamsO’Fallon, MO$64,817,675View Profile
    10Three DoorsKeller WilliamsKirkwood, MO$48,181,988View Profile
    11The Harry Meierarend TeamRE/MAX Premier PropertiesIndependence, MO$38,838,233View Profile
    12Foster Marketing GroupReeceNicholsBlue Springs, MO$32,785,299View Profile

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    2023 Missouri Housing Market Summary

    Missouri started 2023 with a total of 8,639 single-family homes on the market, with a median home price of $260,000 and an average price per square foot of $162. By the end of the year, inventory had increased to 10,328 homes on the market (+19%), with a median home price of $279,900 (+7%) and an average price per square foot of $178 (+9%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 70 days.

    Missouri started the year with 34% 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 Missouri homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Missouri started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 36 – 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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