Top Mega Teams in Chicago, Illinois – Ranked by Volume
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| Rank – City Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| 1 | Dawn McKenna Group | Coldwell Banker Realty | Chicago, IL | $558,013,270 | View Profile |
| 2 | Vesta Team | Vesta Preferred Realty | Chicago, IL | $150,440,212 | View Profile |
| 3 | The Ben Lalez Team | Compass | Chicago, IL | $149,118,112 | View Profile |
| 4 | The Sergio & Banks Group | @properties Christie’s International Real Estate | Chicago, IL | $84,443,330 | View Profile |
| 5 | Alex Stoykov Group | Compass | Chicago, IL | $81,999,634 | View Profile |
| 6 | Qamar Group | Compass | Chicago, IL | $72,679,793 | View Profile |
2023 Chicago, Illinois Housing Market Summary
Chicago, Illinois started 2023 with a total of 1,913 single-family homes on the market, with a median home price of $269,000 and an average price per square foot of $199. By the end of the year, inventory had decreased to 1,760 homes on the market (-7%), with a median home price of $299,999 (+11%) and an average price per square foot of $221 (+11%).
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.
Chicago started the year with 49% 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 44% of Chicago homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Chicago started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 33 – 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.
Real Estate News
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Housing Market News
While the Austin housing market isn’t sizzling, agents say it is still warm
Jun 06, 2024Despite an uptick in inventory, Austin metro area home prices are holding steady and giving agents confidence in the strength of the market
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Weekly active inventory growth still too slow
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Pending home sales pick up in February: NAR
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Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com
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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.
Agent News
Proptech startup Courted grows its roster of brokerage partnerships
Mar 29, 2024The company was invited to join the REACH Class of 2022, a technology scale-up program backed by the NAR
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Northwest MLS takes aim at the DOJ’s commission views
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Corcoran launches first franchise in Oregon
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Special report: The brokerage competition in Jacksonville
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Opinion: How did homeowners get into home equity prison?
Mar 26, 2024 -
‘This is a great time for women to be in real estate,’ survey finds
Mar 26, 2024 -
The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume
Mar 22, 2024