Top Mega Teams in Illinois – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Dawn McKenna GroupColdwell Banker RealtyChicago, IL$558,013,270View Profile
    2The Jane Lee TeamRE/MAX Top PerformersLake Bluff, IL$257,153,836View Profile
    3Vesta TeamVesta Preferred RealtyChicago, IL$150,440,212View Profile
    4The Ben Lalez TeamCompassChicago, IL$149,118,112View Profile
    5The GGL GroupCompassLake Forest, IL$144,127,041View Profile
    6Kim AldenCompassBarrington, IL$98,770,689View Profile
    7The Star Home TeamBetter Homes and Gardens Real Estate Star HomesGrayslake, IL$92,775,097View Profile
    8Gagliardo GroupCompassRiver Forest, IL$90,644,584View Profile
    9The Sergio & Banks Group@properties Christie’s International Real EstateChicago, IL$84,443,330View Profile
    10Alex Stoykov GroupCompassChicago, IL$81,999,634View Profile
    11Qamar GroupCompassChicago, IL$72,679,793View Profile
    12Lewke Partners, IncKeller WilliamsCrystal Lake, IL$68,774,872View Profile
    13The Axon GroupeXp RealtyEvergreen Park, IL$58,739,074View Profile
    14Frank Montro HomesKeller WilliamsOrland Park, IL$48,371,895View Profile
    15Keystone Home Hub MainCompassWest Dundee, IL$34,273,639View Profile
    16Smothers GroupCompassLa Grange, IL$32,081,855View Profile
    17Advisors NorthCompassNorthbrook, IL$28,576,390View Profile
    18North GroupCompassAlgonquin, IL$24,729,316View Profile

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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.

    Real Estate News

    First-time homebuyers are hurt by the recent commission changes.

    Opinion: No benefit to home sellers is worth sacrificing first-time homebuyers 

    Apr 01, 2024By

    Policymakers must work with the real estate industry to develop a model that prioritizes first-time homebuyers.

    Housing Market News

    Balance

    Weekly active inventory growth still too slow 

    Mar 30, 2024By

    With higher mortgage rates, we should be able to grow weekly active inventory between 11,000 – 17,000 on some weeks.

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    Agent News

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