Top Mega Teams in Michigan – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    The Monzo GroupKeller Williams RealtyGrosse Pointe Woods, MI 944.0
    Wentworth Real Estate GroupWentworth Real Estate GroupFenton, MI 923.0
    Glover AgencyKeller WilliamsBirmingham, MI 906.7
    Jim Shaffer And AssociatesGood Company RealtyRoyal Oak, MI 761.0
    Best Life & CoeXp RealtyRoyal Oak, MI 723.0
    Ken Hirschmann & Associates Best Life & Co.eXp RealtyRoyal Oak, MI 674.0
    The Perna TeameXp RealtyRoyal Oak, MI 648.0
    Z Real EstateeXp RealtyNovi, MI 611.0
    The Brand Real EstateThe Brand Real EstateFenton, MI 564.0
    Welch Real Estate brokered by eXp RealtyeXp RealtyMonroe, MI 487.0
    Quest RealtyQuest RealtyTroy, MI 343.0
    Team Peterson-JacksoneXp RealtySouthfield, MI 327.0
    In Network Real Estate TeamKeller WilliamsRochester, MI 282.0
    Bellabay Home Team (Main)Bellabay RealtyCaledonia, MI 227.0
    Nexus GroupReal BrokerBirmingham, MI 197.0
    Bunn Warren & Associates (Group)KW Realty LivingBrighton, MI 176.0
    The Elevated CollectiveeXp RealtyClinton Township, MI 159.0
    Mark White & AssociateseXp RealtyTroy, MI 119.0
    YoderReal Estate TeamLPT RealtyGrand Rapids, MI 68.0
    LIVgreatKeller Williams Realty Ann Arbor Market CenterAnn Arbor, MI 67.2

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    2023 Michigan Housing Market Summary

    Michigan started 2023 with a total of 14,970 single-family homes on the market, with a median home price of $230,000 and an average price per square foot of $175. By the end of the year, inventory had decreased to 13,638 homes on the market (-8%), with a median home price of $239,900 (+4%) and an average price per square foot of $181 (+3%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days.

    Michigan 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 33% of Michigan homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Michigan 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 38 – 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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