“The 2023 rankings compiled by T3 Sixty’s research team reveal a four-year steady decline in the total number of MLS organizations and local associations and a steady increase in the average MLS subscriber count and local association membership during that same time period. Since 2020, the total number of MLSs and local Realtor associations have dropped 7.6% and 3.8%, respectively, while the average member count of each has steadily grown.”
From a T3 Sixty email announcement:
Meanwhile, the MLSs that remain are growing in subscriber count, averaging an increase of 5.5% in membership in 2022. Since 2020, the average subscriber count for MLSs has grown by nearly 30%.
Not sure why T3 Sixty didn’t publish the same content in their email overview somewhere on the web to link to. Lame.
But the data is awesome. While membership counts are up close to 30% since 2020, they did dip down from 2022 to 2023 by -5.5%. The Real Estate Almanac is a great resource for the entire industry. Many thanks to Jack, Clint, and the rest of the team at T3 Sixty.
