Top Mega Teams in Illinois – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
Dawn McKenna GroupColdwell Banker RealtyChicago, IL$785,916,169
The Jane Lee TeamREMAX Top PerformersLake Bluff, IL$320,294,372
The Ben Lalez TeamCompassChicago, IL$203,899,118
Alex Stoykov GroupCompassChicago, IL$154,820,356
The Star Home TeamBetter Homes and Gardens Real Estate Star HomesGrayslake, IL$142,090,407
Kim AldenCompassBarrington, IL$133,592,679
The Axon GroupeXp RealtyEvergreen Park, IL$106,345,828
Qamar GroupThe Real Brokerage Inc.Skokie, IL$102,221,564
Gagliardo GroupCompassRiver Forest, IL$89,033,586
Riverwalk Partners Group/The McCabe GroupColdwell Banker RealtyLong Grove, IL$69,200,339
ArtemisThe Real Brokerage Inc.Aviston, IL$68,379,053
The Forward GroupThe Real Brokerage Inc.New Lenox, IL$48,234,153
Downtown Apartment CollectiveCompassChicago, IL$37,921,324
Advisors NorthCompassChicago, IL$31,322,580

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2023 Illinois Housing Market Summary

Illinois started 2023 with a total of 12,193 single-family homes on the market, with a median home price of $264,500 and an average price per square foot of $167. By the end of the year, inventory had decreased to 11,672 homes on the market (-4%), with a median home price of $289,900 (+9%) and an average price per square foot of $175 (+4%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

Illinois started the year with 31% 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 30% of Illinois homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Illinois started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 37 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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