Top Mega Teams in New Jersey – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
The Jill Biggs GroupColdwell Banker RealtyHoboken, NJ$548,866,179
Sue Adler TeamKeller WilliamsSummit, NJ$441,935,651
The Robert Dekanski TeamREMAX 1st Advantage – The Robert Dekanski TeamClark, NJ$384,484,099
The Ocean’s Six GroupREMAX RevolutionSpring Lake, NJ$197,530,536
NJ ProperProminent Properties Sotheby’s International RealtyTenafly, NJ$172,705,164
Connection RealtorseXp RealtyMarlton, NJ$112,900,618
Michael Tyszka TeamKeller WilliamsCherry Hill, NJ$95,125,690
The Property PeopleColdwell Banker RealtyUpper Montclair, NJ$92,114,877
Terebey Relocation TeameXp RealtyRobbinsville, NJ$91,426,949
Force GroupThe Real Brokerage Inc.Red Bank, NJ$86,291,319
The Vanderslice GroupCompassOcean City, NJ$79,421,828
Luxury Living by Michael HernKeller WilliamsFort Lee, NJ$77,572,648
Platinum RealtorseXp RealtyNorth Brunswick, NJ$77,077,506
William Hagan GroupeXp RealtyShrewsbury, NJ$69,304,615
Diamond Key Team at eXp RealtyeXp RealtySomerville, NJ$48,255,600
Pinnacle Partners GroupeXp RealtyLong Valley, NJ$41,137,498
The Baricaua GroupREMAX Our TownSomerset, NJ$41,081,695
Cal TeamREMAX CountryMilltown, NJ$39,286,320
Randel Jones TeamREMAX PreferredCherry Hill, NJ$30,472,297
The Trilogy TeameXp RealtyVineland, NJ$24,499,816

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2023 New Jersey Housing Market Summary

New Jersey started 2023 with a total of 9,281 single-family homes on the market, with a median home price of $489,000 and an average price per square foot of $340. By the end of the year, inventory had decreased to 7,683 homes on the market (-17%), with a median home price of $539,000 (+10%) and an average price per square foot of $372 (+9%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

New Jersey started the year with 26% 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 24% of New Jersey homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that New Jersey started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 42 – 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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