Top Mega Teams in Arizona – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1JMGJason Mitchell Real EstateScottsdale, AZ$4,193,656,121View Profile
    2The Laughton TeamMy Home GroupPeoria, AZ$643,929,759View Profile
    3KP Elite | Zaback GroupLPT RealtyChandler, AZ$341,483,001View Profile
    4The Rider Elite TeamKeller WilliamsScottsdale, AZ$298,331,775View Profile
    5Be Wealthy NetworkKeller WilliamsMesa, AZ$267,071,178View Profile
    6The Carin Nguyen Real Estate NetworkReal Broker LLCLitchfield Park, AZ$245,409,846View Profile
    7Sibbach TeameXp RealtyScottsdale, AZ$232,945,720View Profile
    8The Luna Teamexp realtyAvondale, AZ$227,563,579View Profile
    9The Wehner GroupWehner Group eXp RealtyScottsdale, AZ$144,526,451View Profile
    10Wehner GroupeXp RealtyScottsdale, AZ$143,671,245View Profile
    11APX Real Estate GroupeXp Realty LLCLake Havasu City, AZ$138,971,597View Profile
    12The Curtis Johnson TeameXp RealtyChandler, AZ$102,561,751View Profile
    13The Garcia GroupeXp RealtyLitchfield Park, AZ$101,633,705View Profile
    14Tackett TeameXp RealtyScottsdale, AZ$99,865,672View Profile
    Stratton GroupKeller Williams Southern ArizonaTucson, AZ$93,056,208View Profile
    15Wilhems TeameXp RealtyTucson, AZ$74,929,290View Profile
    16The Rugolo TeameXp RealtyScottsdale, AZ$68,728,782View Profile
    17The Ethridge TeameXp RealtyChandler, AZ$65,010,196View Profile
    18Group 46:10eXp RealtyScottsdale, AZ$48,817,096View Profile
    19Alan Levanson TeamBerkshire Hathaway HomeServices Arizona PropertiesScottsdale, AZ$43,790,250View Profile

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    2023 Arizona Housing Market Summary

    Arizona started 2023 with a total of 16,332 single-family homes on the market, with a median home price of $470,000 and an average price per square foot of $281. By the end of the year, inventory had decreased to 14,636 homes on the market (-10%), with a median home price of $509,992 (+8%) and an average price per square foot of $307 (+9%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days. Arizona started the year with 48% 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 40% of Arizona homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Arizona started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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