Top Mega Teams in Michigan – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The Perna TeamThe Perna TeamNovi, MI$206,841,780View Profile
    2Glover AgencyKeller WilliamsPlymouth, MI$183,406,741View Profile
    3Mark Z Home Selling TeameXp RealtyNovi, MI$179,244,113View Profile
    4The Monzo GroupKeller WilliamsSt. Clair Shores, MI$169,082,945View Profile
    6Best Life & CoeXpRoyal Oak, MI$161,788,237View Profile
    6Best Life & CoeXp RealtyRoyal Oak, MI$161,788,237View Profile
    8Ken Hirschmann & Associates Best Life & Co.eXp RealtyRoyal Oak, MI$158,545,309View Profile
    36Nexus GroupRE/MAX NexusBirmingham, MI$53,625,696View Profile
    53Bunn Warren & Associates (Group)Keller WilliamsBrighton, MI$44,021,437View Profile
    110Team Peterson Jackson Real Estate ProfessionalseXp Realty Southfield, MI$28,000,000View Profile
    128Team Peterson-JacksoneXp RealtyFarmington Hills, MI$25,596,151View Profile

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    2023 Michigan Housing Market Summary

    Michigan started 2023 with a total of 14,970 single-family homes on the market, with a median home price of $230,000 and an average price per square foot of $175. By the end of the year, inventory had decreased to 13,638 homes on the market (-8%), with a median home price of $239,900 (+4%) and an average price per square foot of $181 (+3%).

    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.

    Michigan started the year with 33% 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 Michigan homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Michigan started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 38 – a slight seller’s advantage.

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

    Real Estate News

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    Side files preliminary injunction against Alexander brothers in wake of arrests 

    Dec 17, 2024By

    Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners, that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on.

    Housing Market News

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    New apartment construction hasn’t lowered rents in many areas 

    Dec 17, 2024By

    Redfin reported a 18-month high in asking rent prices for new construction apartments. Can low-income workers keep up in 2025?

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    Agent News

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    Another sexual assault suit is being filed against broker Oren Alexander 

    Dec 12, 2024By

    An unnamed Jane Doe is seeking compensatory and punitive damages in relation to an alleged “planned brutal rape” in Miami in 2016.