Top Mega Teams in Nevada – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Craig Tann Grouphuntington & ellis, A Real Estate AgencyLas Vegas, NV$280,115,320View Profile
2Nevada Real Estate GroupLPT RealtyReno, NV$234,660,174View Profile
3Joe Taylor GroupReal Broker, LLCLas Vegas, NV$170,551,335View Profile
4The Mullin Blankfeld GroupBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV$161,404,625View Profile
5The Caldwell GroupRealty ONE GroupLas Vegas, NV$136,447,178View Profile
6Scofield GroupLPT RealtyLas Vegas, NV$135,948,594View Profile
7The Tonnesen TeamBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV$79,064,000View Profile

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2023 Nevada Housing Market Summary

Nevada started 2023 with a total of 8,019 single-family homes on the market, with a median home price of $489,000 and an average price per square foot of $293. By the end of the year, inventory had decreased to 5,361 homes on the market (-33%), with a median home price of $535,000 (+9%) and an average price per square foot of $327 (+11%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had decreased to 77 days.

Nevada started the year with 43% 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 Nevada homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Nevada started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had rose to 40 – 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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