Top Large Teams in Minnesota – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    The Chad Schwendeman Real Estate Group brokered by eXp RealtyeXp RealtyBaxter, MN 563.0
    Pomerleau TeamJPW RealtyMaple Grove, MN 412.0
    The Pro TeamRE/MAX ResultsEdina, MN 363.0
    Team SteadyRE/MAX ResultsMinneapolis, MN 360.0
    John Schuster GroupColdwell Banker RealtyEden Prairie, MN 282.0
    Gwaltney GroupRE/MAX ResultsRochester, MN 254.0
    BlueNorthBRIX Real EstateMinneapolis, MN 215.0
    The Snyder TeameXp RealtyLake Elmo, MN 179.0
    The Home TeamRE/MAX Dynamic AgentsMankato, MN 175.0
    The Chris Fritch TeameXp RealtyCoon Rapids, MN 143.0
    Butcher Real Estate TeamEdina RealtyMinneapolis, MN 77.3

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    2023 Minnesota Housing Market Summary

    Minnesota started 2023 with a total of 5,775 single-family homes on the market, with a median home price of $399,900 and an average price per square foot of $215. By the end of the year, inventory had increased to 6,927 homes on the market (+19%), with a median home price of $399,900 (+0%) and an average price per square foot of $214 (+0%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

    Minnesota started the year with 31% 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 Minnesota homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Minnesota started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 37 – 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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