Top Mega Teams in Virginia – Ranked by Volume
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| Rank – State Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| EmpowerHome | Keller Williams | Chantilly, VA | $882,180,726 | ||
| The Hogan Group | The Hogan Group Real Estate | Richmond, VA | $378,989,636 | ||
| Team DDA | eXp Realty | Annandale, VA | $364,632,094 | ||
| ONE Residential | KW Metro Center – Alexandria/Old Town | Alexandria, VA | $270,430,844 | ||
| The Redux Group | eXp Realty | Herndon, VA | $269,958,994 | ||
| Keri Shull Team | eXp Realty | Fairfax, VA | $186,087,431 | ||
| Mission Realty | Mission Realty | Henrico, VA | $138,054,886 | ||
| CAZA Group | eXp Realty | Reston, VA | $134,133,980 | ||
| Cabell Childress Group | Long & Foster Real Estate | Richmond, VA | $131,690,205 | ||
| BHG Native American Group Team | Better Homes and Gardens Real Estate Native American Group | Virginia Beach, VA | $117,938,319 | ||
| Lonnie Bush Real Estate | LPT Realty | Virginia Beach, VA | $98,225,079 | ||
| Jacobs & Co | LPT Realty | Nokesville, VA | $94,416,021 | ||
| William Close Group | KW Metro Center – Alexandria/Old Town | Alexandria, VA | $77,860,844 | ||
| The Davis Group (VA) | eXp Realty | Richmond, VA | $69,688,988 |
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.
Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
