Brokerage Report
Top real estate brokerages for the month of June, 2024
Starting this month Picket plans to release a report and data set showing last month's top 10 brokerages per market. Enjoy!
Top Brokerage Performers – June 2024
For June 2024, we spotlight the top-performing brokerages across multiple U.S. markets, focusing on transaction volume, total closed value, and standout trends. This month sets a baseline for tracking future changes in both luxury and mid-range markets.
Top Brokerages by Transaction Volume
In June, several brokerages demonstrated significant transaction volumes across key markets. HomeSmart in Phoenix led the way with an impressive 534 homes sold, followed by Keller Williams Heritage in San Antonio with 450 closed homes. Atlanta Communities stood out with 313 closed homes in the competitive Atlanta market, reinforcing its leadership in transaction volume.
| Market | Brokerage Name | Closed Homes | Average Closed Price | Total Closed Value |
|---|---|---|---|---|
| PHX | HomeSmart | 534 | $584,623 | $312,188,650 |
| SAT | Keller Williams Heritage | 450 | $650,888 | $110,651,000 |
| ATL | Atlanta Communities | 313 | $490,654 | $153,574,697 |
| BWI | Long & Foster Real Estate, Inc. | 247 | $537,195 | $132,687,096 |
| AUS | Compass RE Texas, LLC | 300 | $737,930 | $218,427,293 |
Top Brokerages by Total Sales Value
In terms of total sales value, Compass RE Texas, LLC dominated in Austin with over $218 million in sales, driven by an average closed price of $737,930. Atlanta Fine Homes Sotheby's International made a substantial impact in Atlanta, closing over $211 million in sales. Both luxury and mid-range markets showed strong performance across the board.
| Market | Brokerage Name | Closed Homes | Average Closed Price | Total Closed Value |
|---|---|---|---|---|
| AUS | Compass RE Texas, LLC | 300 | $737,930 | $218,427,293 |
| ATL | Atlanta Fine Homes Sotheby’s Int’l | 229 | $923,923 | $211,578,411 |
| BNA | PARKS | 264 | $862,240 | $227,631,303 |
| CHS | Carolina One Real Estate | 275 | $622,883 | $171,292,929 |
| PHX | HomeSmart | 534 | $584,623 | $312,188,650 |
Luxury Brokerage Highlights
Luxury sales played a crucial role in markets such as Atlanta, Austin, and Charleston. Atlanta Fine Homes Sotheby’s International posted an impressive average closed price of $923,923, while Compass RE Texas, LLC continued to lead Austin’s luxury market with an average closed price of $737,930. Charleston's The Boulevard Company, LLC posted strong results with an average closed price of $695,927.
| Market | Brokerage Name | Closed Homes | Average Closed Price |
|---|---|---|---|
| ATL | Atlanta Fine Homes Sotheby’s Int’l | 229 | $923,923 |
| AUS | Compass RE Texas, LLC | 300 | $737,930 |
| CHS | The Boulevard Company, LLC | 77 | $695,927 |
| CHS | Carolina One Real Estate | 275 | $622,883 |
| BWI | Long & Foster Real Estate, Inc. | 247 | $537,195 |
Market Insights by Region
- Phoenix: HomeSmart topped the market with 534 closed homes and a total sales value of over $312 million, indicating strong demand across price points.
- Austin: Compass RE Texas, LLC closed 300 homes with an impressive total sales value exceeding $218 million, driven by a strong luxury market with an average closed price of $737,930.
- Atlanta: Atlanta Fine Homes Sotheby’s International closed $211 million in sales, demonstrating the continuing demand for luxury properties, while Atlanta Communities maintained its leadership in transaction volume.
| Market | Brokerage Name | Closed Homes | Average Closed Price | Total Closed Value |
|---|---|---|---|---|
| PHX | HomeSmart | 534 | $584,623 | $312,188,650 |
| AUS | Compass RE Texas, LLC | 300 | $737,930 | $218,427,293 |
| ATL | Atlanta Fine Homes Sotheby’s | 229 | $923,923 | $211,578,411 |
| BWI | Long & Foster Real Estate, Inc. | 247 | $537,195 | $132,687,096 |
| CHS | Carolina One Real Estate | 275 | $622,883 | $171,292,929 |
Key Takeaways
- Phoenix, Austin, and Charleston led in transaction volume and sales value, showing continued strength in both luxury and mid-market segments.
- Luxury markets saw impressive activity, particularly in Austin and Atlanta, where high-value transactions contributed significantly to total sales.
- Transaction volume remained a key driver in several markets, notably Phoenix and San Antonio, where both high-end and mid-range homes attracted buyers.
This inaugural report lays a foundation for tracking market performance across key regions. As we move forward, it will be essential to monitor how these trends evolve in the coming months. 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 | Keller Williams Realty | 142 | 421882 | 365000 | 5.99072e+07 | 3.19 | 2.08 | 1 |
| ABQ | Realty One of New Mexico | 125 | 401048 | 345000 | 5.0131e+07 | 3.22 | 2.1 | 2 |
| ABQ | Coldwell Banker Legacy | 123 | 452537 | 375000 | 5.56621e+07 | 3.27 | 2.21 | 3 |
| ABQ | EXP Realty LLC | 32 | 328055 | 337368 | 1.04978e+07 | 3.09 | 2.02 | 4 |
| ABQ | Berkshire Hathaway NM Prop | 26 | 456373 | 387250 | 1.18657e+07 | 3.46 | 2.29 | 5 |
| ABQ | RE/MAX SELECT | 25 | 392876 | 325000 | 9.82189e+06 | 3.08 | 2.09 | 6 |
| ABQ | D.R. Horton, Inc. | 21 | 330647 | 338990 | 6.94358e+06 | 3.19 | 1.9 | 7 |
| ABQ | Real Broker | 20 | 364792 | 313500 | 7.29583e+06 | 3.3 | 1.89 | 8 |
| ABQ | Pulte Homes of New Mexico | 15 | 525995 | 511356 | 7.88993e+06 | 3.53 | 2.42 | 9 |
| ABQ | LGI Homes | 14 | 319936 | 313400 | 4.4791e+06 | 3.29 | 2 | 10 |
| AGS | Meybohm Real Estate - Evans | 57 | 379230 | 299900 | 2.16161e+07 | 3.74 | 2.76 | 1 |
| AGS | Dr Horton Realty Of Georgia, Inc. | 53 | 302954 | 296300 | 1.60566e+07 | 4.11 | 2.64 | 2 |
| AGS | Keller Williams Realty Augusta Partners | 51 | 268031 | 236500 | 1.36696e+07 | 3.25 | 2.2 | 3 |
| AGS | Blanchard & Calhoun - Scott Nixon | 36 | 334940 | 270000 | 1.20578e+07 | 3.36 | 2.44 | 4 |
| AGS | Meybohm Real Estate -North Augusta | 35 | 302084 | 285000 | 1.05729e+07 | 3.34 | 2.26 | 5 |
| AGS | Southeastern Residential, Llc | 26 | 433487 | 442400 | 1.12707e+07 | 4.12 | 3.17 | 6 |
| AGS | Berkshire Hathaway Homeservices Beazley Realtors | 25 | 338050 | 319900 | 8.45126e+06 | 3.56 | 2.44 | 7 |
| AGS | Re/max True Advantage | 23 | 325414 | 271000 | 7.48452e+06 | 3.43 | 2.48 | 8 |
| AGS | Better Homes & Gardens Real Estate Ep | 21 | 330695 | 325000 | 6.9446e+06 | 3.76 | 2.57 | 9 |
| AGS | Meybohm Real Estate - Wheeler | 21 | 384562 | 335000 | 8.0758e+06 | 3.67 | 2.64 | 10 |
| ATL | Atlanta Communities | 313 | 490654 | 425000 | 1.53575e+08 | 3.61 | 2.74 | 1 |
| ATL | Atlanta Fine Homes Sotheby's International | 229 | 923923 | 710000 | 2.11578e+08 | 3.77 | 3.41 | 2 |
| ATL | Berkshire Hathaway HomeServices Georgia Properties | 211 | 683468 | 552000 | 1.44212e+08 | 3.79 | 3.18 | 3 |
| ATL | Keller Williams Realty Atlanta Partners | 206 | 572192 | 503500 | 1.17872e+08 | 3.98 | 3.06 | 4 |
| ATL | HomeSmart | 173 | 459679 | 400000 | 7.95244e+07 | 3.45 | 2.69 | 5 |
| ATL | EXP Realty, LLC. | 167 | 449807 | 368000 | 7.51178e+07 | 3.67 | 2.64 | 6 |
| ATL | Virtual Properties Realty.com | 159 | 431385 | 379000 | 6.85902e+07 | 3.64 | 2.73 | 7 |
