Top Mega Teams in Virginia – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
Reynolds EmpowerHome TeamEmpowerHome TeamChantilly, VA$529,789,654
The Yeatman GroupLong & Foster Real EstateMidlothian, VA$371,675,593
Carolyn Young TeamSamson PropertiesLeesburg, VA$324,623,498
ONE ResidentialKeller WilliamsAlexandria, VA$302,276,218
Fox Homes TeamSamson PropertiesFairfax, VA$277,601,928
Mission RealtyThe Real Brokerage Inc.Richmond, VA$172,001,011
Platinum Group Real Estate TeamThe Real Brokerage Inc.Leesburg, VA$171,652,150
CAZA GroupeXp RealtyReston, VA$168,523,404
Kris Weaver Real Estate TeamAtlantic Sotheby’s International RealtyVirginia Beach, VA$147,888,554
Lonnie Bush Real EstateLPT RealtyVirginia Beach, VA$130,802,357
BHG Native American Group TeamBetter Homes and Gardens Real Estate Native American GroupVirginia Beach, VA$129,050,745
William Close GroupKeller WilliamsAlexandria, VA$128,220,288
Jacobs & Co Real Estate, LLCLPT RealtyNokesville, VA$101,479,224
River City Elite PropertiesThe Real Brokerage Inc.Powhatan, VA$88,716,309
DwellusThe Real Brokerage Inc.Leesburg, VA$87,433,204
The Davis Group (VA)eXp RealtyMaidens, VA$80,738,985
Chris Colgan TeameXp RealtyGainesville, VA$79,611,527
The Gillies TeameXp RealtyStafford, VA$78,938,100
MK & AssociatesThe Real Brokerage Inc.Virginia Beach, VA$61,613,308
Five Stone Realty GroupThe Real Brokerage Inc.Roanoke, VA$33,375,749
One Dream Realty GroupeXp RealtyRichmond, VA$30,092,416

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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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