Top Mega Teams in Minnesota – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    Desrochers Realty GroupeXp RealtyEdina, MN$220,607,305
    Pomerleau TeamJPW Realty Twin CitiesMaple Grove, MN$208,824,439
    Huerkamp Home GroupKeller WilliamsBurnsville, MN$153,351,103
    Pinnacle TeameXp RealtyOakdale, MN$129,486,935
    3 Rivers Real Estate TeamThe Real Brokerage Inc.Wayzata, MN$118,555,493
    Enclave TeamThe Real Brokerage Inc.Rochester, MN$116,747,610
    Provix GroupeXp RealtyChisago City, MN$97,450,014
    The Property GeeksThe Real Brokerage Inc.Lakeville, MN$67,858,611
    Grey Duck PropertiesThe Real Brokerage Inc.Eagan, MN$33,422,027

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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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