Top Mega Teams in Minnesota – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Minnesota Real Estate TeamRE/MAX Advantage PlusBloomington, MN$550,448,878View Profile
2Kris Lindahl Real EstateKris Lindahl Real EstateNew Hope, MN$486,976,941View Profile
3Pemberton Homes TeameXp RealtyEdina, MN$300,000,000View Profile
4Kerby & Cristina Real Estate ExpertsRE/MAX ResultsPlymouth, MN$252,629,626View Profile
5Platzke Real Estate GroupColdwell Banker RealtyEden Prairie, MN$245,323,487View Profile
6Desrochers Realty GroupeXp RealtyEdina, MN$201,449,399View Profile
8Enclave TeamReal BrokerEagan, MN$164,175,326View Profile
10The Advisory Realty GroupeXpHopkins, MN$143,100,000View Profile
13The Pro TeamRE/MAX ResultsEdina, MN$126,670,915View Profile
15Pinnacle TeameXp Realty – Pinnacle TeamWhite Bear Lake, MN$111,979,730View Profile
16Grant Johnson GroupeXp RealtyArden Hills, MN$105,608,602View Profile
17Chad Schwendeman Real Estate GroupeXp RealtyBaxter, MN$94,990,960View Profile
20Huerkamp Home GroupKeller WilliamsBurnsville, MN$91,656,714View Profile

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2023 Minnesota Housing Market Summary

Minnesota started 2023 with a total of 5,775 single-family homes on the market, with a median home price of $399,900 and an average price per square foot of $215. By the end of the year, inventory had increased to 6,927 homes on the market (+19%), with a median home price of $399,900 (+0%) and an average price per square foot of $214 (+0%).

At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

Minnesota started the year with 31% 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 Minnesota homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Minnesota started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 37 – 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

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.

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