Top Large Teams in Minnesota – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
The Chad Schwendeman Real Estate Group brokered by eXp RealtyeXp RealtyBaxter, MN$178,264,331
Pomerleau TeamJPW RealtyMaple Grove, MN$174,656,466
Team SteadyRE/MAX ResultsMinneapolis, MN$144,340,358
The Pro TeamRE/MAX ResultsEdina, MN$141,465,909
John Schuster GroupColdwell Banker RealtyEden Prairie, MN$125,605,774
Gwaltney GroupRE/MAX ResultsRochester, MN$96,711,110
BlueNorthBRIX Real EstateMinneapolis, MN$84,592,761
The Snyder TeameXp RealtyLake Elmo, MN$77,041,130
The Home TeamRE/MAX Dynamic AgentsMankato, MN$56,414,163
The Chris Fritch TeameXp RealtyCoon Rapids, MN$51,553,673
Butcher Real Estate TeamEdina RealtyMinneapolis, MN$25,736,614

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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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