Top Mega Teams in Minnesota – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    Pomerleau TeamJPW Realty Twin CitiesMaple Grove, MN 458.0
    Desrochers Realty GroupeXp RealtyEdina, MN 449.0
    Huerkamp Home GroupKeller WilliamsBurnsville, MN 439.1
    Pinnacle TeameXp RealtyOakdale, MN 340.0
    Enclave TeamThe Real Brokerage Inc.Rochester, MN 326.0
    3 Rivers Real Estate TeamThe Real Brokerage Inc.Wayzata, MN 305.0
    Provix GroupeXp RealtyChisago City, MN 227.0
    The Property GeeksThe Real Brokerage Inc.Lakeville, MN 158.0
    Grey Duck PropertiesThe Real Brokerage Inc.Eagan, MN 90.0

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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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