Top Mega Teams in Michigan – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    Wentworth Real Estate GroupWentworth Real Estate GroupFenton, MI$340,947,531
    Glover AgencyKeller WilliamsBirmingham, MI$277,687,053
    Jim Shaffer And AssociatesGood Company RealtyRoyal Oak, MI$220,890,679
    Best Life & CoeXp RealtyRoyal Oak, MI$214,754,663
    Ken Hirschmann & Associates Best Life & Co.eXp RealtyRoyal Oak, MI$213,031,464
    The Perna TeameXp RealtyRoyal Oak, MI$191,989,306
    Z Real EstateeXp RealtyNovi, MI$191,565,671
    The Brand Real EstateThe Brand Real EstateFenton, MI$162,330,998
    The Monzo GroupKeller Williams RealtyGrosse Pointe Woods, MI$159,749,601
    Welch Real Estate brokered by eXp RealtyeXp RealtyMonroe, MI$119,539,534
    Quest RealtyQuest RealtyTroy, MI$105,427,511
    In Network Real Estate TeamKeller WilliamsRochester, MI$70,316,303
    Nexus GroupReal BrokerBirmingham, MI$64,487,461
    Bunn Warren & Associates (Group)KW Realty LivingBrighton, MI$58,032,595
    Bellabay Home Team (Main)Bellabay RealtyCaledonia, MI$52,693,492
    Team Peterson-JacksoneXp RealtySouthfield, MI$41,354,958
    Mark White & AssociateseXp RealtyTroy, MI$28,720,925
    The Elevated CollectiveeXp RealtyClinton Township, MI$26,553,900

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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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