Top Mega Teams in Arizona – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
JMG – Jason Mitchell GroupJMGScottsdale, AZ$5,096,872,109
The Laughton TeamMy Home GroupPeoria, AZ$702,530,029
SPACELPT RealtyChandler, AZ$451,900,000
Be Wealthy NetworkKeller WilliamsTucson, AZ$390,182,273
The Rider Elite TeamKeller Williams Arizona RealtyScottsdale, AZ$363,639,548
The Carin Nguyen Real Estate NetworkReal BrokerLitchfield Park, AZ$331,585,369
Jen Marie Home TeameXp RealtyScottsdale, AZ$285,497,965
Legacy Real Estate TeameXp RealtyChandler, AZ$274,440,222
Sibbach TeameXp RealtyScottsdale, AZ$230,497,415
The Luna TeameXp RealtyPeoria, AZ$201,730,057
The Hyland GroupeXp RealtyPrescott, AZ$200,227,127
The Valley Solutions TeamHomeSmart (AZ)Scottsdale, AZ$182,129,666
Gluch GroupeXp RealtyScottsdale, AZ$162,683,884
Tackett TeameXp RealtyScottsdale, AZ$153,393,685
APX Real Estate GroupeXp RealtyLake Havasu City, AZ$138,173,967
Stratton GroupKeller WilliamsTucson, AZ$124,375,003
The Garcia GroupeXp RealtyLitchfield Park, AZ$119,714,720
The Panozzo TeamHomeSmart (AZ)Scottsdale, AZ$99,920,022
The Curtis Johnson TeameXp RealtyChandler, AZ$90,901,512
Mojica Real Estate TeameXp RealtyScottsdale, AZ$80,116,341
Wilhems TeameXp RealtyTucson, AZ$74,413,164
The Ethridge TeamReal BrokerChandler, AZ$74,404,217
Stinson GroupEngel & Völkers TucsonTucson, AZ$36,339,513

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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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