Top Mega Teams in New Jersey – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The Robert Dekanski TeamRE/MAX 1st AdvantageClark, NJ$382,837,516View Profile
    2The Jill Biggs GroupColdwell Banker RealtyHoboken, NJ$316,036,348View Profile
    3The Real Estate LeaderseXp RealtyShrewsbury, NJ$283,946,173View Profile
    4Rowack TeameXp RealtyMonroe, NJ$216,144,019View Profile
    5AligneXp RealtyHoboken, NJ$213,028,716View Profile
    6Pat Mckenna RealtorseXp RealtyMarlton, NJ$171,543,588View Profile
    7Kilbride Cagnina GroupCompassFair Haven, NJ$140,670,614View Profile
    8The Alan Kurlander GroupColdwell Banker RealtyManalapan, NJ$138,116,863View Profile
    9The Ocean’s Six GroupRE/MAX RevolutionSpring Lake, NJ$117,339,411View Profile
    10Luxury Living by Michael HernProminent Properties Sotheby’s International RealtyWeehawken, NJ$113,574,540View Profile
    11Connection RealtorseXp RealtyMarlton, NJ$101,233,702View Profile
    12Michael Tyszka TeamKeller WilliamsWayne, NJ$81,942,026View Profile
    13Platinum RealtorseXp RealtyNorth Brunswick, NJ$77,796,336View Profile
    14Joe Oz Real Estate GroupeXp RealtyAsbury Park, NJ$69,624,374View Profile
    15The Baricaua GroupRE/MAX Our TownSomerset, NJ$62,580,927View Profile
    16The Sadler/Krupa GroupKeller WilliamsCollingswood, NJ$52,285,768View Profile
    17Team NataleKeller WilliamsMorganville, NJ$51,189,844View Profile
    18Diamond Key Team At Exp RealtyeXp RealtySomerville, NJ$48,728,012View Profile
    19Excelsior GroupRE/MAX SelectAvenel, NJ$43,760,605View Profile
    21Real Estate Professionals GroupKeller WilliamsCherry Hill, NJ$33,284,888View Profile
    22Randel Jones TeamRE/MAX PreferredCherry Hill, NJ$28,752,600View Profile

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    2023 New Jersey Housing Market Summary

    New Jersey started 2023 with a total of 9,281 single-family homes on the market, with a median home price of $489,000 and an average price per square foot of $340. By the end of the year, inventory had decreased to 7,683 homes on the market (-17%), with a median home price of $539,000 (+10%) and an average price per square foot of $372 (+9%).

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

    New Jersey started the year with 26% 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 24% of New Jersey homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that New Jersey 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 42 – 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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