Top Medium Teams in Nevada – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
Redeavor GroupThe Real Brokerage Inc.Las Vegas, NV$106,922,437
Li TeamKeller WilliamsHenderson, NV$84,612,920
Conforte & Olson Luxury Real Estate TeamXpand RealtyLas Vegas, NV$82,066,504
The Rexford GroupThe Real Brokerage Inc.Las Vegas, NV$69,747,691
The Carver TeamBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV$69,374,542
Great Las Vegas Homes TeamBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV$53,899,042
Smith Real Estate GroupREMAX ProfessionalsReno, NV$43,743,827
The Cordero Grouphuntington & ellis, A Real Estate AgencyLas Vegas, NV$40,791,430
The Olson GroupREMAX ProfessionalsReno, NV$38,411,068
The Brooks TeameXp RealtyLas Vegas, NV$38,260,903
Alt GroupThe Real Brokerage Inc.Las Vegas, NV$34,072,938
The K TeamKeller WilliamsReno, NV$33,124,545
NV Ball Real Estate GroupLPT RealtyReno, NV$32,605,001
Matt Suiter GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV$31,744,958
Shipp GroupLPT RealtyElko, NV$31,687,675
The Lindstrom Radcliffe GroupeXp RealtyLas Vegas, NV$30,492,200
Brian Burrows GroupKeller WilliamsLas Vegas, NV$29,074,705
The Jack Woodcock GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV$28,640,292
May Clemmons GroupeXp RealtyLas Vegas, NV$28,603,639
Team Driven Real EstateKeller WilliamsLas Vegas, NV$26,588,518
Youngblood Real Estate NetworkKeller WilliamsLas Vegas, NV$25,373,240
Siva Herdt GroupLPT RealtyReno, NV$24,446,695

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2023 Nevada Housing Market Summary

Nevada started 2023 with a total of 8,019 single-family homes on the market, with a median home price of $489,000 and an average price per square foot of $293. By the end of the year, inventory had decreased to 5,361 homes on the market (-33%), with a median home price of $535,000 (+9%) and an average price per square foot of $327 (+11%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had decreased to 77 days.

Nevada started the year with 43% 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 Nevada homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Nevada started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had rose to 40 – 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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