Top Mega Teams in Nevada – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
Craig Tann GroupHuntington & Ellis, A Real Estate AgencyLas Vegas, NV$423,177,115
Nevada Real Estate Group, LPT RealtyLPT RealtyReno, NV$241,172,236
The Mullin Blankfeld GroupBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV$159,356,792
Scofield GroupLPT RealtyLas Vegas, NV$127,508,772
Knight Real Estate GroupLPT RealtyLas Vegas, NV$127,405,557
Jack Cote TeamRE/MAX GoldReno, NV$118,015,910
WinningeXp RealtyLas Vegas, NV$99,226,767
Allison Real Estate GroupeXp RealtyReno, NV$99,197,544
The Real Estate GuyeXp RealtyLas Vegas, NV$78,523,242

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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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