July 2024: Brokerage Report

Brokerage Report

Top real estate brokerages for the month of July, 2024

Top Brokerage Performers - July 2024

For July 2024, we spotlight the top-performing brokerages across multiple U.S. markets, focusing on transaction volume, total closed value, and standout trends.

Top Brokerages by Transaction Volume

Several brokerages stood out in September. HomeSmart in Phoenix topped the charts with 538 homes sold, while Keller Williams Heritage in San Antonio and Compass RE Texas in Austin led their regions. This data shows strong transaction activity across various price points.

Market	Brokerage Name	Closed Homes	Average Closed Price	Total Closed Value
PHX	HomeSmart	538	$573,845	$308,728,822
SAT	Keller Williams Heritage	476	$588,958	$141,350,000
AUS	Compass RE Texas, LLC	282	$712,001	$198,648,270
ATL	Atlanta Communities	301	$507,673	$152,809,658
BWI	Cummings & Co. Realtors	200	$398,829	$79,765,747

Top Brokerages by Total Sales Value

In terms of total sales value, Atlanta Fine Homes Sotheby’s International led the Atlanta market with over $208 million in sales. Austin's luxury market continued to perform strongly with Compass RE Texas closing $198 million. This trend reflects continued demand for high-value properties in key regions.

Market	Brokerage Name	Closed Homes	Average Closed Price	Total Closed Value
ATL	Atlanta Fine Homes Sotheby’s Int’l	203	$1,025,042	$208,083,540
AUS	Compass RE Texas, LLC	282	$712,001	$198,648,270
BNA	PARKS	236	$803,626	$189,655,785
BWI	Long & Foster Real Estate, Inc.	191	$467,666	$89,324,125
CHS	Carolina One Real Estate	225	$588,726	$132,463,239

Luxury Brokerage Highlights

Luxury sales remained a crucial driver in several regions, particularly Atlanta, Austin, and Charleston. Notably, Atlanta Fine Homes Sotheby’s International had an average closed price over $1 million, and Compass RE Texas averaged $712K per transaction. High-end properties continue to contribute to market strength.

Market	Brokerage Name	Closed Homes	Average Closed Price
ATL	Atlanta Fine Homes Sotheby’s Int’l	203	$1,025,042
AUS	Compass RE Texas, LLC	282	$712,001
CHS	The Boulevard Company, LLC	73	$759,935
CHS	Carolina One Real Estate	225	$588,726

Market Insights by Region

Phoenix: HomeSmart dominated with 538 closed homes and a total sales value of over $308 million, highlighting robust demand across price points.
Austin: Compass RE Texas, LLC continued to lead the luxury market, with an impressive $198 million in closed sales and an average closed price over $700K.
Charleston: Carolina One Real Estate closed 225 homes with an average price of $588,726, showing strong activity in the region's mid- to high-end market.

Market	Brokerage Name	Closed Homes	Average Closed Price	Total Closed Value
PHX	HomeSmart	538	$573,845	$308,728,822
AUS	Compass RE Texas, LLC	282	$712,001	$198,648,270
CHS	Carolina One Real Estate	225	$588,726	$132,463,239

Key Takeaways

Phoenix, Austin, and Charleston continue to experience high levels of activity, with brokerages like HomeSmart, Compass RE Texas, LLC, and Carolina One Real Estate standing out in both volume and total sales value.
Luxury markets are playing an increasingly vital role, especially in Atlanta and Austin, where high-value transactions have been key to brokerage success.
Transaction volume continues to drive markets like San Antonio and Baltimore, where mid-range homes remain the primary focus.

This month’s report underscores the continued strength of both luxury and mid-market segments across the U.S., driven by regional leaders in key markets. Stay tuned for next month’s insights!

Data Preview

MARKET	LIST_OFFICE_NAME	COUNT_CLOSED_HOMES	MEAN_CLOSED_PRICE	MEDIAN_CLOSED_PRICE	SUM_CLOSED_VALUE	MEAN_BEDS	MEAN_BATHS	RANK
ABQ	Coldwell Banker Legacy	138	465830	372299	6.42845e+07	3.3	2.1	1
ABQ	Keller Williams Realty	136	420275	354000	5.71574e+07	3.32	2.17	2
ABQ	Realty One of New Mexico	114	373296	333500	4.25557e+07	3.09	2.06	3
ABQ	EXP Realty LLC	48	387457	350000	1.8598e+07	3.27	2.1	4
ABQ	Berkshire Hathaway NM Prop	40	346335	330000	1.38534e+07	3.25	2.12	5
ABQ	RE/MAX SELECT	27	391995	350000	1.05839e+07	3	1.94	6
ABQ	D.R. Horton, Inc.	19	371833	359990	7.06482e+06	3.21	1.84	7
ABQ	Simply Real Estate	17	397824	359000	6.763e+06	3	2.04	8
ABQ	Real Broker	17	333082	344900	5.6624e+06	3	1.97	9
ABQ	LGI Homes	15	300757	321000	4.51135e+06	3.33	2.03	10
AGS	Meybohm Real Estate - Evans	52	351895	300000	1.82985e+07	3.73	2.65	1
AGS	Keller Williams Realty Augusta Partners	36	274154	280500	9.86953e+06	3.44	2.42	2
AGS	Blanchard & Calhoun - Scott Nixon	32	283884	270000	9.0843e+06	3.41	2.28	3
AGS	Berkshire Hathaway Homeservices Beazley Realtors	31	336679	325900	1.0437e+07	3.65	2.44	4
AGS	Re/max Reinvented	29	337572	292000	9.7896e+06	3.86	2.64	5
AGS	Dr Horton Realty Of Georgia, Inc.	26	298710	279300	7.76646e+06	4.15	2.88	6
AGS	Southeastern Residential, Llc	25	472318	514900	1.18079e+07	4.08	3.18	7
AGS	Blanchard & Calhoun - Evans	22	437136	359200	9.617e+06	4.23	3.09	8
AGS	Better Homes & Gardens Real Estate Ep	21	292397	296132	6.14033e+06	3.52	2.31	9
AGS	Meybohm Real Estate - Wheeler	21	455377	372000	9.56292e+06	3.86	2.95	10
ATL	Atlanta Communities	283	502399	432500	1.42179e+08	3.6	2.79	1
ATL	HomeSmart	212	447488	380000	9.48675e+07	3.51	2.69	2
ATL	EXP Realty, LLC.	188	411135	350000	7.72933e+07	3.59	2.64	3
ATL	Berkshire Hathaway HomeServices Georgia Properties	175	644592	519900	1.12804e+08	3.57	2.97	4
ATL	Virtual Properties Realty.com	159	436080	386000	6.93367e+07	3.64	2.71	5
ATL	Keller Williams Realty Atlanta Partners	150	569776	475500	8.54663e+07	3.85	3	6
ATL	Atlanta Fine Homes Sotheby's International	145	835798	625000	1.21191e+08	3.62	3.15	7
ATL	Mark Spain Real Estate	136	364009	346500	4.95052e+07	3.64	2.65	8
ATL	Coldwell Banker Realty	130	507769	412500	6.60099e+07	3.56	2.81	9
ATL	Opendoor Brokerage, LLC	130	322016	298500	4.18621e+07	3.37	2.39	10
AUS	Compass RE Texas, LLC	266	778829	550000	2.0639e+08	3.32	3.5	1
AUS	Keller Williams Realty	201	572119	435000	1.06986e+08	3.37	2.18