Top Mega Teams in Tennessee – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
The Ashton Real Estate GroupRE/MAX AdvantageNashville, TN$877,653,398
Level EightKeller WilliamsMount Juliet, TN$424,185,658
Redbud GroupKeller WilliamsNashville, TN$336,650,367
The Edrington TeamBerkshire Hathaway HomeServices J Douglas PropertiesChattanooga, TN$184,827,616
Wallace Group Home & LoanKeller Williams Realty Memphis CentralMemphis, TN$128,762,650
Kellerhals TeamKeller Williams Realty Greater DowntownChattanooga, TN$109,544,326
The Morrow GroupeXp RealtyLakeland, TN$106,354,727
Choice Homes TeameXp RealtyChattanooga, TN$83,921,609
Campos TeamKeller Williams Realty Greater DowntownChattanooga, TN$72,471,929
Hero Homes GroupeXp RealtyCharleston, TN$72,353,493

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2023 Tennessee Housing Market Summary

Tennessee started 2023 with a total of 15,011 single-family homes on the market, with a median home price of $418,400 and an average price per square foot of $234. By the end of the year, inventory had increased to 15,980 homes on the market (+6%), with a median home price of $432,000 (+3%) and an average price per square foot of $262 (+11%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had remained the same at 70 days.

Tennessee started the year with 35% 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 36% of Tennessee homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Tennessee started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 35 – 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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