Top Mega Teams in Arizona – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
JMG – Jason Mitchell GroupJMGScottsdale, AZ 10,279.0
The Laughton TeamMy Home GroupPeoria, AZ 1,506.0
SPACELPT RealtyChandler, AZ 1,123.0
Be Wealthy NetworkKeller WilliamsTucson, AZ 1,117.6
The Carin Nguyen Real Estate NetworkReal BrokerLitchfield Park, AZ 673.0
The Rider Elite TeamKeller Williams Arizona RealtyScottsdale, AZ 644.6
Legacy Real Estate TeameXp RealtyChandler, AZ 572.0
Jen Marie Home TeameXp RealtyScottsdale, AZ 532.0
The Luna TeameXp RealtyPeoria, AZ 490.0
Sibbach TeameXp RealtyScottsdale, AZ 373.0
The Valley Solutions TeamHomeSmart (AZ)Scottsdale, AZ 351.0
Stratton GroupKeller WilliamsTucson, AZ 340.4
The Hyland GroupeXp RealtyPrescott, AZ 316.0
APX Real Estate GroupeXp RealtyLake Havasu City, AZ 254.0
The Garcia GroupeXp RealtyLitchfield Park, AZ 249.0
The Curtis Johnson TeameXp RealtyChandler, AZ 211.0
Wilhems TeameXp RealtyTucson, AZ 206.0
Gluch GroupeXp RealtyScottsdale, AZ 183.0
Mojica Real Estate TeameXp RealtyScottsdale, AZ 168.0
The Panozzo TeamHomeSmart (AZ)Scottsdale, AZ 149.0
The Ethridge TeamReal BrokerChandler, AZ 145.0
Tackett TeameXp RealtyScottsdale, AZ 140.0
Stinson GroupEngel & Völkers TucsonTucson, AZ 105.0

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2023 Arizona Housing Market Summary

Arizona started 2023 with a total of 16,332 single-family homes on the market, with a median home price of $470,000 and an average price per square foot of $281. By the end of the year, inventory had decreased to 14,636 homes on the market (-10%), with a median home price of $509,992 (+8%) and an average price per square foot of $307 (+9%).

At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days. Arizona started the year with 48% 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 40% of Arizona homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arizona started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 34 – 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.

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