Top Small Teams in Memphis, Tennessee – Ranked By Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    Not RankedClark TeamKeller WilliamsMemphis, TN$46,328,158
    Not RankedTyler Tapley TeamCRYE-LEIKE REALTORSMemphis, TN$44,827,307
    Not RankedThe Layson GroupKeller WilliamsMemphis, TN$31,126,776
    Not RankedThe House TeamKeller WilliamsMemphis, TN$26,373,050
    Not RankedThe Sanchez TeamKeller WilliamsMemphis, TN$24,645,296
    Not RankedThe Lott TeamBerkshire Hathaway HomeServices McLemore & Co., RealtyMemphis, TN$21,633,833
    Not RankedGowen Property GroupKeller WilliamsMemphis, TN$21,203,134
    Not RankedThe Hisaw TeamKeller WilliamsMemphis, TN$17,430,090
    Not RankedJ Carney HomesKeller WilliamsMemphis, TN$14,760,759
    Not RankedEdwin Scruggs TeamBerkshire Hathaway HomeServices Taliesyn RealtyMemphis, TN$11,882,542
    Not RankedThe Beall TeamCrye-Leike Real Estate ServicesMemphis, TN$11,645,916
    Not RankedThe James GroupKeller WilliamsMemphis, TN$9,986,676
    Not RankedThe Anderson TeamKeller WilliamsMemphis, TN$9,750,300
    Not RankedIron Bridge Real EstateKeller WilliamsMemphis, TN$6,956,730

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    2023 Memphis, Tennessee Housing Market Summary

    Memphis, Tennessee started 2023 with a total of 861 single-family homes on the market, with a median home price of $189,000 and an average price per square foot of $137. By the end of the year, inventory had increased to 1,353 homes on the market (+57%), with a median home price of $184,900 (-2%) and an average price per square foot of $144 (+5%).

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

    Memphis started the year with 41% 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 Memphis homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Memphis started 2023 as a strong seller’s market, with an MAI score of 45; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

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