The San Francisco Business Journal has unveiled its annual list of Largest Bay Area Residential Real Estate Firms, confirming Alain Pinel Realtors (APR) is the number one independent real estate firm in the Bay Area based on 2013 closed sales volume. When all firms are considered, APR places #2 with over $7 billion in closed sales in its 22 Bay Area offices. This represents an almost 22% increase over APR’s sales volume in 2012, outpacing the average increase (19%) among the Top 25 firms on the list. APR also ranked #2 on the list for its unit sales with 6,160 closed transaction sides. APR’s average price of home sold comes in at over $1.1 million.
For the list calculations, the SF Business Times defines the Bay Area only as Alameda, Contra Costa, Marin, San Francisco and San Mateo counties and the city of Palo Alto. Earlier this year, Alain Pinel Realtors was named the #5 largest residential real estate firm in the nation based on its company-wide, record-breaking 2013 sales volume of over $10 billion.