Top Mega Teams in Massachusetts – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    ROVI NetworkThe Real Brokerage Inc.Agawam, MA$51,851,075
    Jim Black GroupThe Real Brokerage Inc.Auburn, MA$84,227,728
    The Lux GroupThe Real Brokerage Inc.Westminster, MA$52,131,339
    Fermin & Fox GroupCENTURY 21 North EastLawrence, MA$145,069,770
    The Lucci Witte TeamWilliam RaveisAndover, MA$212,473,215
    The Neilsen TeamThe Real Brokerage Inc.Agawam, MA$37,415,019
    Bascom GroupeXp RealtyMiddleboro, MA$31,963,900
    Home and Key GroupLPT RealtyNew Bedford, MA$163,092,583

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    2023 Massachusetts Housing Market Summary

    Massachusetts started 2023 with a total of 3,369 single-family homes on the market, with a median home price of $649,900 and an average price per square foot of $419. By the end of the year, inventory had decreased to 3,269 homes on the market (-2%), with a median home price of $734,900 (+13%) and an average price per square foot of $483 (+15%).

    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.

    Massachusetts started the year with 33% 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 31% of Massachusetts homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Massachusetts started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 51 – a strong 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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