With its beautiful year-round weather and diverse landscape, California has long been a destination for homebuyers interested in the West Coast lifestyle. The average value of a home in California is $750,709, up 4.4% from a year ago, according to Zillow.
After a 22.2% decline in home sales in 2023, the California Association of Realtors (CAR) expects a rebound in the housing market, with five California metro areas forecasted to see double-digit year-over-year sales growth in 2024.
Two of these markets are pricier metropolitan statistical areas: Oxnard-Thousand Oaks-Ventura, with a median home price of $834,967, and San Diego-Chula Vista-Carlsbad, with a median home price of $902,199. But it also includes more modestly-priced markets like Bakersfield, with a median home price of approximately $376,000, Sacramento, with a median home price of nearly $466,000, and Riverside-San Bernardino-Ontario, with a home value of approximately $563,000, according to Zillow.
In 2024, CAR analysts are expecting sales to decline in two metro areas, San Jose-Sunnyvale-Santa Clara, with a median home price of about $1.493 million, and Fresno, with a median home price shy of $368,000, according to Zillow.
CAR also points out that California’s top markets tend to be more sensitive to mortgage rates than many other parts of the nation because less than a third of “homeowners” actually own their homes outright and, instead, owe money to a bank or lender.
No matter what budget you have and where you’re looking to buy, it’s important to find the right real estate company to help you with your home search. Here are some of the top real estate firms in California, by sales volume according to RealTrends agent ranking service.
With six branches across Southern California and more than 800 agents, Pinnacle Real Estate Group is one of the largest Asian American real estate companies in California, according to President Calvin Gong.
Its Advanced Super Team, consisting of 83 active licensed agents conducting business in Arcadia, California, was recognized by RealTrends as among the top 1,000 agents and teams in the U.S., in 2023, with $2.687 billion in sales. Pinnacle’s real estate business spans across many cities in Southern California, including the coastal areas of Beverly Hills, Irvine, San Diego and Santa Monica, to the Inland Empire region containing San Bernardino and Riverside. The scope of business ranges from cozy residences to luxury homes and mansions and from land development to commercial real estate investments. Servicing first-time homebuyers to experienced investors, the company also provides loan financing, property management, title protection and other real estate-related services.
With 25 years of experience, CEO Aaron Kirkman leads a team of more than 150 active licensed agents servicing clients interested in luxury inventory. Founded in 2017, AKG operates from an office in Beverly Hills servicing much of southern California, including recent expansions into the San Fernando Valley, Santa Barbara and Brentwood. AKG earned over $2 billion in sales in 2023.
This husband-and-wife team specializes in luxury historic properties in Malibu, Bel Air, Beverly Hills, Los Feliz and other areas surrounding Los Angeles. Led by Branden and Rayni Williams, the team of four operates from an office in West Hollywood. In 2019, the company sold the highest priced Frank Lloyd Wright property ever by closing The Ennis House, a Mayan-influenced home designed by the architect, for $18 million. In 2023, Williams & Williams Estates Group earned $1.258 billion in sales.
The Altman Brothers, Josh and Matthew Altman, are full-service real estate experts serving Los Angeles. The team commonly works with high-net-worth clients looking for homes in areas such as Beverly Hills, Malibu and Hollywood Hills. The brothers, along with Josh’s wife and real estate broker Heather Altman, appear on Bravo’s TV show, “Million Dollar Listing Los Angeles.” In 2023, the staff of seven earned more than $1 billion in sales and signed a multiyear renewed contract with Douglas Elliman.
Born and raised in Los Angeles, Drew Fenton has represented some pedigreed and significant estates in Beverly Hills, Holmby Hills and Bel Air. Over his career, he has sold more than 70 properties in excess of $20 million. In 2019, Drew famously sold the Chartwell Estate – also seen in “The Beverly Hillbillies” TV show – for $150 million. Last year, he ranked No. 4 among 1,000 agent and teams in the U.S. for residential sales volume, with $977 million in sales.
Ehomes is a team of 250 real estate agents serving the Chino, California, metro area. Located in Downey, California, the team includes more than 145 agents. Among the most popular areas it serves are Chino, Bloomington, Solana Beach, San Diego and Las Mesa, to name a few.
Born and raised in Malibu, Chris Cortazzo has over 28 years amassed more than $8 billion in career sales and ranked among the top 1,000 agents and teams in the U.S., having attracted some big names in entertainment and business. He earned $809 million in sales in 2023, according to RealTrends. Though powerhouses may be the backbone of his clientele, he welcomes all types of clients.
Established by David Parnes and longtime colleague James Harris, Bond Street Partners is a team of 14 specializing in high-end residential real estate and properties in Beverly Hills, Bel Air, Holmby Hills, Hollywood Hills, Brentwood, Pacific Palisades, Malibu and the greater Los Angeles region. In 2023, they earned more than $785 million in sales, according to RealTrends. Working alongside real estate broker Carolwood Estates, Bond Street Partners caters to all budgets, with a particular focus on prime location and high-end residential real estate transactions and investments. In-house designers and developers are also available to provide complete service for property sales in need of remodeling or refurbishing.
With more than 5 billion in sales volume since 2013, the Tim Smith Real Estate Group is a team of 30 licensed real estate agents based in Newport Beach, California. In 2023, the group earned more than $782 million in sales, according to RealTrends.
Justin Tye Team is a real estate team consisting of 165 active licensed agents with Active Realty, conducting business from seven offices in Corona, Irvine, La Mesa, Newport Beach, Riverside, San Diego and San Francisco. The team primarily serves clients in Los Angeles, Orange, Riverside and San Diego counties. The group earned more than $768 million in 2023, according to RealTrends.
How to Find a Real Estate Agent Near You
Your search for a real estate agent could start with one of the companies above. Consider interviewing agents from more than one firm to get a sense of how they work and what vibe they give off. Ultimately, any seasoned real estate agent who knows your target area well is likely to be a reasonable choice, but pay attention to details like their level of communication so you end up happy with the agent you choose.
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