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U.S. Real Estate Brokerage Market Share Report
Based on Top U.S. Real Estate Metros | Published by Relitix | Updated August 2026
Market Share Report · July 2026
U.S. brokerage market share, by closed volume.
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Real Estate Brokerage Leaderboard Reshuffle: July Market Share Reveals Shifting Powers in Top U.S. Metros
Relitix July Closing Data Reveals Volatile Middle Markets and Tightening Competitions Across Major U.S. Real Estate Metros
August 2026 Release (based on July 2026 closings)
LAKE GENEVA, WI — August 21, 2026 — Relitix, the pioneer in real estate AI and data science analytics, today released its monthly U.S. Real Estate Brokerage Market Share Report based on closed MLS transaction data from July 2026. While national giants continue to maintain a strong presence in premier coastal hubs, the latest data underscores intense regional hyper-competition, notable leaderboard rank flips, and deep market fragmentation across interior U.S. metropolitan areas—revealing that in 9 out of 14 major metros, the market leader holds under 15% of closed sales volume.
According to the latest Relitix Market Share Index™, Compass maintains a #1 or #2 market share ranking in 9 out of 14 major metros tracked (leading 5 outright: New York, Los Angeles, Austin, Denver, Miami–Fort Lauderdale, and holding top secondary positions in others). However, outside hyper-consolidated coastal hubs, even top market leaders rarely hold more than a single-digit percentage of total closed dollar volume—leaving the vast majority of local transaction volume up for grabs.
Notable July market share & leaderboard shifts
Mid-summer transaction data highlights sharp momentum swings across key metropolitan areas, driven by shifting market share ranks and tightening margins among top-performing brokerages.
New York Expansion: Compass expanded its dominant lead in NYC to 31.2%, while Corcoran climbed to 15.7% (up from 15.2%), and Douglas Elliman held firm at 14.0%.
Minnesota Rank Flip: In a head-to-head battle for market control behind leader Edina Realty (10.8%), Keller Williams surged past Coldwell Banker Realty to capture the #2 spot in Minnesota with 10.0% of total closed volume versus Coldwell Banker’s 9.9%.
Phoenix Dead Heat: Mid-market competition tightened into a tie behind overall market leader HomeSmart (8.6%), as eXp Realty and Realty ONE Group matched each other at 6.7% market share.
Houston Top 6 Shakeup: Leadership dynamics shifted in Houston behind market leader Keller Williams (8.8%) as builder-brokerage Lennar dropped out of the top six, allowing Coldwell Banker Realty to enter the leaderboard at rank #6.
Los Angeles Agility: Behind market leader Compass (20.9%), Keller Williams (5.9%) and Coldwell Banker Realty (5.4%) held top spots, while independent boutique shop The Agency edged up to 5.0% market share, ahead of Carolwood Estates (4.3%).
Relitix Market Share · July 2026
Who leads each major metro?
Market leader by share of closed volume across 14 metros, July 2026 closings.
Macro market takeaways: national footprints vs. local turf
Beyond individual market shifts, broad structural patterns demonstrate a clear divide between highly consolidated coastal hubs and intensely fragmented interior markets.
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Extreme Coastal Concentration: Coastal metros continue to see heavy market consolidation among top brands, led by Compass in New York (31.2%), Los Angeles (20.9%), and Austin (14.4%).
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Interior Market Fragmentation: Interior hubs feature highly distributed market share. In markets like Dallas-Fort Worth (led by KW at 9.2%), Denver (led by Compass at 9.1%), Houston (led by KW at 8.8%), Miami–Fort Lauderdale (led by Compass at 8.8%), and Phoenix (led by HomeSmart at 8.6%), no single brokerage holds a monopoly, making top positions highly sensitive to agent movement and talent acquisition.
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The Regional Strongholds: Regional heritage brands continue to demonstrate incredible staying power, routinely outperforming national footprints in key territories—including Windermere Real Estate in Western Washington (20.7%), Berkshire Hathaway The Preferred Realty in Pittsburgh (17.4%), @properties in Chicago (13.8%), and Edina Realty in Minnesota (10.8%).
Regional strongholds vs. national giants
While national brands heavily target major hubs, powerful regional independent brokerages continue to command dominant market share in key strongholds across the country, including:
Windermere Real Estate in Western Washington (20.7%)
Howard Hanna Real Estate Services in Pittsburgh (16.2%)
Edina Realty in Minnesota (10.8%)
Baird & Warner in Chicago (6.0%)
Atlanta Communities in Atlanta (4.8%)
William Raveis Real Estate in Boston (3.7%)
Moreland Properties in Austin (2.9%)
John L. Scott Real Estate in Western Washington (2.8%)
Relitix Market Share.
Real-time leaderboards, rankings by market, location and price point. Plus, the categories where your brokerage ranks #1 in your local market.
About this report:
The Relitix Market Share Report is produced monthly from closed transaction data sourced directly from the local multiple listing services (MLSs) serving each covered metropolitan area. For each market, Relitix aggregates every closed residential sale recorded for the report month and calculates each brokerage’s share of total closed dollar volume. Data is pulled after month end to allow late-reported closings to post, then standardized so brokerages are measured consistently: share reflects brokerage-level closed volume — not agent counts, franchise-wide presence, or self-reported production — and non-brokerage aggregate entries are excluded. Where a metropolitan area is served by more than one primary MLS, results are combined across them to reflect the full market. Because the report draws on recorded closings rather than surveys or estimates, the leaderboards update with each month’s actual sales activity, giving brokerage leaders a consistent, like-for-like measure of competitive position over time.
Data courtesy of the multiple listing services serving our covered markets, including Bright MLS, NWMLS, MRED, NorthstarMLS, NTREIS, HAR, ACTRIS, ARMLS, REcolorado, West Penn MLS, OneKey MLS, MLS PIN, FMLS, and Georgia MLS, among others.
About Relitix:
Relitix provides data-driven decision support for brokerage leaders across the United States. A pioneer in applying AI and data science technology in brokerage management, Relitix profiles over 1.5 million agents in more than 180 markets nationwide to help brokers recruit, coach, and retain agents. Advanced data tools allow unprecedented visibility in agents, offices, and markets for strategic planning and M&A support.
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