Top Mega Teams in Virginia – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
EmpowerHomeKeller WilliamsChantilly, VA 1,599.8
The Hogan GroupThe Hogan Group Real EstateRichmond, VA 965.0
The Redux GroupeXp RealtyHerndon, VA 489.0
Team DDAeXp RealtyAnnandale, VA 484.0
ONE ResidentialKW Metro Center – Alexandria/Old TownAlexandria, VA 471.0
BHG Native American Group TeamBetter Homes and Gardens Real Estate Native American GroupVirginia Beach, VA 363.0
Mission RealtyMission RealtyHenrico, VA 356.0
Lonnie Bush Real EstateLPT RealtyVirginia Beach, VA 286.0
Keri Shull TeameXp RealtyFairfax, VA 282.0
CAZA GroupeXp RealtyReston, VA 236.0
Cabell Childress GroupLong & Foster Real EstateRichmond, VA 230.5
The Davis Group (VA)eXp RealtyRichmond, VA 184.0
William Close GroupKW Metro Center – Alexandria/Old TownAlexandria, VA 169.0
Jacobs & CoLPT RealtyNokesville, VA 146.0

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2023 Virginia Housing Market Summary

Virginia started 2023 with a total of 8,417 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $228. By the end of the year, inventory had increased to 8,589 homes on the market (+2%), with a median home price of $409,000 (+2%) and an average price per square foot of $235 (+3%).

At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had remained the same at 63 days.

Virginia started the year with 30% 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 Virginia homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Virginia started 2023 as a strong seller’s market, with an MAI score of 49; by the end of the year, the MAI had dropped to 39 – 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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