Top Mega Teams in Maryland – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Lucido AgencyKeller WilliamsEllicott City, MD$781,948,347View Profile
2The Bob & Ronna GroupPenFed RealtyEllicott City, MD$280,218,508View Profile
8Sure Sales GroupBerkshire Hathaway HomeServices Homesale RealtyBaltimore, MD$155,808,063View Profile
14The Maryland & Delaware GroupLong & Foster Real EstateSalisbury, MD$123,754,152View Profile
15Lee Tessier TeameXp RealtyBel Air, MD$117,573,830View Profile
18Team ReederLong & Foster Real EstateFrederick, MD$96,471,825View Profile
20Five Doors NetworkKeller WilliamsEldersburg, MD$95,939,509View Profile
26Jim Schaecher GroupKeller WilliamsMillersville, MD$86,601,165View Profile
37The Rollings Home TeameXp RealtyOlney, MD$76,710,055View Profile
42Premier GroupLong & Foster Real EstateFrederick, MD$73,345,215View Profile
49The Fine Living GroupeXp RealtyRockville, MD$68,401,070View Profile
64Alta GroupeXp RealtyKensington, MD$56,451,803View Profile

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2023 Maryland Housing Market Summary

Maryland started 2023 with a total of 4,373 single-family homes on the market, with a median home price of $453,500 and an average price per square foot of $243. By the end of the year, inventory had decreased to 4,038 homes on the market (-7%), with a median home price of $475,000 (+4%) and an average price per square foot of $243 (+0%).

At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

Maryland 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 32% of Maryland homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Maryland started 2023 as a strong seller’s market, with an MAI score of 48; by the end of the year, the MAI had dropped to 44 – 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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