Top Mega Teams in Tennessee – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Short Term ShopeXp Realty, LLCMt. Juliet, TN$1,066,734,495View Profile
2The Ashton Real Estate GroupRE/MAX AdvantageNashville, TN$970,683,893View Profile
3The Huffaker GroupKeller Williams Realty Mt. JulietMt. Juliet, TN$198,836,754View Profile
4The Edrington TeamJ Douglas PropertiesChattanooga, TN$164,149,419View Profile
5Wallace Group Home & LoanKeller Williams Realty Memphis CentralMemphis, TN$158,639,674View Profile
6Luxury Homes InternationalLuxury Homes International Franklin, TN$145,393,490View Profile
7Kellerhals TeamKeller Williams Realty Greater DowntownChattanooga, TN$137,847,168View Profile
8The Layson GroupKeller Williams Realty Memphis CentralMemphis, TN$97,235,079View Profile
9The Cook Team Keller Williams Realty Knoxville-WestKnoxville, TN$73,449,001View Profile
10The Home GurusKeller Williams Realty Memphis CentralMemphis, TN$47,579,770View Profile

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2023 Tennessee Housing Market Summary

Tennessee started 2023 with a total of 15,011 single-family homes on the market, with a median home price of $418,400 and an average price per square foot of $234. By the end of the year, inventory had increased to 15,980 homes on the market (+6%), with a median home price of $432,000 (+3%) and an average price per square foot of $262 (+11%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had remained the same at 70 days.

Tennessee started the year with 35% 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 36% of Tennessee homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Tennessee started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 35 – 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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