Compass Leads Luxury Across California’s Top Markets
March 17, 2022 | Compass California Real Estate Blog
Compass is the #1 Luxury Brokerage in Southern & Northern California
On the heels of a record year in the bustling luxury real estate market, we’re thrilled to announce that Compass leads the charge with the most luxury market share of any brokerage across California’s top housing markets. Up and down the California coast, our agents have proven a powerful force in the luxury market, securing more sales than any other competitor. We’re inspired by their integrity, entrepreneurial spirit, and commitment to guiding their clients home, and we’re proud to work alongside Compass real estate professionals every day. The snapshot of 2021 below demonstrates our stellar performance in markets throughout California.
As we continue to monitor the luxury real estate market, look to 2022 to continue to set price records as interest rates are expected to remain affordable.*
*Source: Los Angeles Quarterly Market Insights Report (Micro): Q3 2021
LOS ANGELES COUNTY
With 19.39 percent market share of sales at $10M+, Compass is the top-performing brokerage for luxury residential real estate in L.A. County.
ORANGE COUNTY
With 19.54 percent market share of sales at $6M+, Compass is the top-performing brokerage for luxury residential real estate in Orange County.
SAN DIEGO COUNTY
With 14.01 percent market share of sales at $3M+, Compass is the top-performing brokerage for luxury residential real estate in San Diego County.
SAN FRANCISCO BAY AREA*
In the San Francisco Bay Area, Compass commands the $8M+ segment by a wide margin over competitors with 40.56 percent market share.
*San Francisco Bay Area is comprised of data reported to Bay Area MLS Associations for Alameda County, Contra Costa County, Marin County, Napa County, San Francisco County, San Mateo County, Santa Clara County, and Sonoma County.
Sources: Los Angeles MLS via Terradatum’s BrokerMetrics. Regions include Los Angeles County. Property types include single-family home, condominium, townhouse and residential land. List and sell side. Closed sales, 01/01/21-12/31/21. Luxury for L.A. County is defined as transactions $10M+. Orange County MLS via Terradatum’s BrokerMetrics. Regions include Orange County. Property types include single-family home, condominium, townhouse and residential land. List and sell side. Closed sales, 01/01/21-12/31/21. Luxury for Orange County is defined as transactions $6M+. San Diego SDMLS via Terradatum’s BrokerMetrics. Regions include San Diego County. Property types include single-family home, condominium, townhouse and residential land. List and sell side. Closed sales, 01/01/21-12/31/21. Luxury for San Diego County is defined as transactions $3M+. San Francisco Bay Area Bridge MLS, BAREIS MLS, SFAR MLS. Regions include Alameda County, Contra Costa County, Marin County, Napa County, San Francisco County, San Mateo County, Santa Clara County, and Sonoma County. Property types include single-family home, condominium, townhouse and residential land. List and sell side. Closed sales, 01/01/21-12/31/21. Luxury for the San Francisco Bay Area is defined as transactions $8M+.
Compass makes no representations or warranties, or implied, with respect to future market conditions or prices of residential product at the time the subject property or any competitive property is complete and ready for occupancy or with respect to any report, study, finding, recommendation or other information provided by Compass herein. Moreover, no warranty, express or implied, is made or should be assumed regarding the accuracy, adequacy, completeness, legality, reliability, merchantability or fitness for a particular purpose of any information, in part or whole, contained herein. All material is presented with the understanding that Compass shall not be deemed to provide legal, accounting or other professional services. This is not intended to solicit the purchase or sale of any property. Any and all such warranties are hereby expressly disclaimed. Equal Housing Opportunity. Based on the information from the MLS as of February 25, 2022. License 01866771.(c) Compass. All Rights Reserved. This information may not be copied, used or distributed without Compass’ consent.