Top Mega Teams in Michigan – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    Jim Shaffer and AssociatesGood Company RealtyRoyal Oak, MI$247,050,918
    Welch Real EstateReal Estate OneMonroe, MI$170,766,605
    In Network Real Estate TeamKeller WilliamsRochester, MI$78,140,970
    The Pettit Properties TeamKeller WilliamsGrand Rapids, MI$64,790,664
    The Delia GroupKeller WilliamsRochester, MI$42,956,180
    The Elevated CollectiveeXp RealtyClinton Township, MI$42,413,394
    DMA Real EstateThe Real Brokerage Inc.Pinckney, MI$40,724,058
    Motus Real EstateThe Real Brokerage Inc.Rochester Hills, MI$32,753,870
    Zeoli RealtyThe Real Brokerage Inc.Royal Oak, MI$29,145,558
    MI Relo TeamKeller WilliamsPlymouth, MI$27,696,025
    James Silver TeamKeller WilliamsRochester, MI$27,008,410
    Mark White & AssociateseXp RealtyTroy, MI$25,610,096

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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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