On a total sales, office-by-office basis, the Newport Beach Surterre Properties office has outsold all other Orange County brokerages – boutique & multinationals – by over $100,000,000 over the first three quarters of 2011. The same office also had the highest average sales prices @ $1,688,423.
Here’s how the numbers break down:
| Real Estate Brokerage by Office | Total $ in Sales Q1, Q2, Q3 2011 | Avg Sales Price | # of Sales |
|---|---|---|---|
| SURTERRE PROPERTIES INC NB | $319,111,950 | $1,688,423 | 189 |
| FIRST TEAM REAL EST HB | $218,648,219 | $619,400 | 353 |
| REGENCY REAL ESTATE BROKERS MV | $201,089,285 | $527,793 | 381 |
| COLDWELL BANKER NRT NB NPT CTR | $170,322,859 | $1,261,651 | 135 |
| HOM REAL ESTATE GROUP INC NB | $168,953,075 | $1,215,490 | 139 |
| KELLER WILLIAMS MV | $167,257,426 | $543,044 | 308 |
| PRUDENTIAL CALIF REALTY NB | $154,134,750 | $951,449 | 162 |
| PRUDENTIAL CALIF REALTY AH | $145,264,909 | $615,529 | 236 |
| RE/MAX PREMIER REALTY IR | $144,873,540 | $489,438 | 296 |
| FIRST TEAM REAL EST LN | $128,243,333 | $529,931 | 242 |
| COLDWELL BANKER NRT NB FASHION ISL | $125,637,205 | $1,231,737 | 102 |
| PRUDENTIAL CALIF REALTY DP | $119,725,008 | $849,114 | 141 |
| TELES PROPERTIES NB | $111,531,900 | $1,327,761 | 84 |
| SEVEN GABLES REAL ESTATE TUS | $111,036,049 | $638,138 | 174 |
| FIRST TEAM REAL EST IR | $108,748,440 | $566,398 | 192 |
| PRUDENTIAL CALIF REALTY YL | $102,488,128 | $617,398 | 166 |
| C-21 SUPERSTARS RSM | $96,513,800 | $527,398 | 183 |
| PRUDENTIAL CALIF REALTY LB TREASURE ISL | $95,639,722 | $1,292,429 | 74 |
| FIRST TEAM REAL EST TUS | $95,168,038 | $471,129 | 202 |
| PREFERRED GROUP PROPERTIES SJ | $94,451,111 | $347,247 | 272 |
| PRUDENTIAL CALIF REALTY BREA | $85,471,312 | $464,518 | 184 |
| ALTERA REAL ESTATE DP | $84,379,192 | $615,907 | 137 |
| PRUDENTIAL CALIF REALTY IR | $83,447,779 | $534,922 | 156 |
| FIRST TEAM REAL EST NB | $81,327,160 | $713,396 | 114 |
| COLDWELL BANKER NRT MV | $78,632,631 | $446,776 | 176 |
| PRUDENTIAL CALIF REALTY LN | $78,583,193 | $476,262 | 165 |
| RE/MAX TIFFANY REAL EST CYP | $78,318,695 | $410,046 | 191 |
| PRUDENTIAL CALIF REALTY CDM | $69,799,889 | $1,485,104 | 47 |
| FIRST TEAM REAL EST ANA | $68,883,030 | $425,204 | 162 |
| COLDWELL BANKER PLATINUM PROP IR | $66,104,183 | $667,719 | 99 |
| COLDWELL BANKER NRT LN | $65,515,645 | $595,597 | 110 |
| SURTERRE PROPERTIES INC NB | $64,715,500 | $1,096,873 | 59 |
| HOM REAL ESTATE GROUP INC LB | $62,644,095 | $1,305,085 | 49 |
| FIRST TEAM REAL EST MV | $61,037,745 | $418,067 | 146 |
| KELLER WILLIAMS SC | $60,423,146 | $719,323 | 84 |
| C-21 BEACHSIDE HB BCH BLVD | $59,379,800 | $570,960 | 104 |
| COLDWELL BANKER NRT IR | $58,443,438 | $671,764 | 87 |
| FIRST TEAM REAL EST SLB | $55,279,850 | $453,114 | 122 |
| EVERGREEN REALTY IR | $54,172,945 | $419,945 | 129 |
| RE/MAX SELECT ONE DP | $53,984,153 | $658,343 | 82 |
While that’s not all of the brokerages in the area, it does represent the top 40. If anyone is counting, those sales are just a few dollars shy of $4,250,000,000 ($4,249,382,128 to be exact), which is a lot of money. I’d like to know what sales were last year for the same period…
In all fairness, when you add up the regional office sales volumes for larger corporate operations like Coldwell Banker NRT, Prudential California Realty & First Team Real Estate, they pack a punch. Take a look at the numbers here:
| Real Estate Brokerage | Total Sales Volume Q1, Q2, Q3 2011 | # of Offices | Avg $ Volume/Office |
|---|---|---|---|
| Surterre Properties | $383,827,450 | 2 | $191,913,725 |
| Coldwell Banker NRT | $498,551,778 | 5 | $99,710,356 |
| First Team Real Estate | $817,335,815 | 8 | $102,166,977 |
| Prudential California Realty | $934,554,690 | 9 | $103,839,410 |
Prudential did $934,554,690 in sales, which is a huge number. First Team weighs in at $817,335,815 and CB at $498,551,778. Surterre? $383,827,450.
OK. So we’re not the 800-lb gorilla, but if you look at it from an office average, the two Surterre offices represented did almost double the amount of business than the other brokerages’ office averages, which is not bad at all.
Credit goes to Rick Schreiber for aggregating the data, all drawn from the MLS.
