Top Mega Teams in Maryland – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    Vybe Realty GroupLPT RealtyTowson, MD 1,133.0
    The Bob & Ronna GroupBerkshire Hathaway HomeServices PenFed RealtyEllicott City, MD 744.0
    Next MoveKeller WilliamsBaltimore, MD 507.1
    Lee Tessier TeameXp RealtyBel Air, MD 280.0
    The Rollings Home Team of eXp RealtyeXp RealtyOlney, MD 196.0
    Team ReederLong & Foster Real EstateFrederick, MD 194.2
    The Fine Living GroupeXp RealtyRockville, MD 169.0

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    2023 Maryland Housing Market Summary

    Maryland started 2023 with a total of 4,373 single-family homes on the market, with a median home price of $453,500 and an average price per square foot of $243. By the end of the year, inventory had decreased to 4,038 homes on the market (-7%), with a median home price of $475,000 (+4%) and an average price per square foot of $243 (+0%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

    Maryland started the year with 35% 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 32% of Maryland homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Maryland started 2023 as a strong seller’s market, with an MAI score of 48; by the end of the year, the MAI had dropped to 44 – 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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