Top Mega Teams in Chicago, Illinois – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    Not RankedDawn McKenna GroupColdwell Banker RealtyChicago, IL$641,578,802
    Not RankedVesta TeamVesta Preferred RealtyChicago, IL$273,182,827
    Not RankedThe Ben Lalez TeamCompassChicago, IL$140,891,571
    Not RankedAlex Stoykov GroupCompassChicago, IL$130,283,411
    Not RankedSpacematch Michael KangColdwell Banker RealtyChicago, IL$65,112,669
    Not RankedSpacematch Inc. -Michael KangColdwell Banker RealtyChicago, IL$63,243,569
    Not RankedAdvisors NorthCompassChicago, IL$35,519,734

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    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.

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