Top Mega Teams in Virginia – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1EmpowerHomeKeller WilliamsChantilly, VA 2,011.3View Profile
    2The Hogan GroupThe Hogan Group Real EstateRichmond, VA 1,012.0View Profile
    3The Yeatman GroupLong & Foster Real EstateMidlothian, VA 611.6View Profile
    4Debbie Dogrul AssociateseXp RealtyFairfax, VA 445.0View Profile
    5The Redux GroupeXp Realty LLCFairfax, VA 394.0View Profile
    6Jenny Maraghy TeamCompassRichmond, VA 369.0View Profile
    7The Kris Weaver TeamAtlantic Sotheby’s International RealtyVirginia Beach, VA 367.0View Profile
    8Mission RealtyMission RealtyRichmond, VA 321.0View Profile
    9Jennifer Young TeamKeller WilliamsChantilly, VA 319.0View Profile
    10Cabell Childress GroupLong & Foster Real EstateRichmond, VA 274.0View Profile
    11Keri Shull TeameXp RealtyArlington, VA 250.0View Profile
    12BHG Native American Group TeamBetter Homes and Gardens Real Estate Native American GroupVirginia Beach, VA 249.2View Profile
    13William Close GroupKeller WilliamsAlexandria, VA 244.0View Profile
    14Next MoveKeller WilliamsStafford, VA 239.2View Profile
    15Lonnie Bush Real Estate GroupLPT RealtyVirginia Beach, VA 235.0View Profile
    16Platinum Group Real EstatePlatinum Group Real EstateLeesburg, VA 195.0View Profile
    17The Caza GroupKeller WilliamsReston, VA 166.6View Profile
    18The Davis Group (Va)eXp RealtyMaidens, VA 150.0View Profile
    15The Wasz-Dukes Team AlexandriaKeller WilliamsAlexandria, VA 119.5View Profile

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    2023 Virginia Housing Market Summary

    Virginia started 2023 with a total of 8,417 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $228. By the end of the year, inventory had increased to 8,589 homes on the market (+2%), with a median home price of $409,000 (+2%) and an average price per square foot of $235 (+3%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had remained the same at 63 days.

    Virginia started the year with 30% 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 Virginia homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Virginia started 2023 as a strong seller’s market, with an MAI score of 49; by the end of the year, the MAI had dropped to 39 – 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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