Top Small Teams in Philadelphia, Pennsylvania – Ranked By Volume
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| Rank – City Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| Heidi Foggo Homes Team | Compass | Philadelphia, PA | $46,767,821 | View Profile | |
| The Stetler Group | Berkshire Hathaway HomeServices Fox & Roach, REALTORS® | Philadelphia, PA | $45,573,884 | View Profile | |
| Jody and Johanna | Berkshire Hathaway HomeServices Fox & Roach, REALTORS® | Philadelphia, PA | $36,913,952 | View Profile | |
| Mary Jo Potts & Associates | Elfant Wissahickon Realtors | Philadelphia, PA | $31,719,187 | View Profile | |
| Lion, Marino, Oleksa & Somogyi Team @ Compass RE | Compass | Philadelphia, PA | $26,961,900 | View Profile | |
| The Barach Group | Compass | Philadelphia, PA | $25,345,800 | View Profile | |
| 5 Star Philly | Keller Williams | Philadelphia, PA | $24,500,500 | View Profile |
2023 Philadelphia, Pennsylvania Housing Market Summary
Philadelphia, Pennsylvania started 2023 with a total of 2,745 single-family homes on the market, with a median home price of $265,000 and an average price per square foot of $213. By the end of the year, inventory had decreased to 2,488 homes on the market (-9%), with a median home price of $249,900 (-5%) and an average price per square foot of $211 (+0%).
At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.
Philadelphia started the year with 47% 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 45% of Philadelphia homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Philadelphia started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.
This market summary is powered by Altos Research – click here to run a free report for your area.
Latest Posts
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin
Nov 20, 2023A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
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Bringing the real estate transaction to the end zone
Nov 08, 2023 -
Top team leader Bonneau Ansley on how he is redefining real estate success
Oct 23, 2023 -
Agent strategies for getting first-time homebuyers across the finish line
Oct 20, 2023 -
Real estate brokers focus on value amid commission lawsuit unease
Oct 16, 2023 -
Stakes are high as first buyer broker commission lawsuit goes to trial today
Oct 16, 2023
Housing Market News
Housing demand rises as inventory falls
Jan 28, 2024Even with mortgage rates higher this year than last, housing demand is up. It’s time to track the spring housing data.
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Pending home sales surged in December: NAR
Jan 26, 2024 -
2023 New home sales helped the economy avoid a recession
Jan 25, 2024 -
Another homeowners’ insurance carrier leaves California
Jan 25, 2024 -
Homebuilders end 2023 on a high note
Jan 25, 2024 -
DataDigest: Fannie Mae’s market view gets rosier, but traders get more skeptical
Jan 24, 2024
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.
Philadelphia News
Engel & Völkers sets up shop in Pittsburgh and Sewickley
Jul 14, 2023Luxury real estate brand Engel & Völkers announced on Friday the opening of locations in Pittsburgh and Sewickley.