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Data reveals market share
Which area real estate firms have the largest market share?
Date published: 3/7/2010

By Bill Freehling

The Fredericksburg-area real estate market isn't exactly chugging along like it was a few years ago, but there is still plenty of action.

The charts below show which real estate firms--both commercial and residential--are doing the most property sales, leasing and management.

The charts are based on industry-standard data provided by area firms. The commercial data are from CoStar, and the residential data are from Terradatum.

Both data sets look at properties sold or represented in the city of Fredericksburg and Caroline, King George, Spotsylvania and Stafford counties.

The commercial data include all types of properties--office, industrial, flex and retail. The market share numbers are based on what percentage of the area's total rentable building space is represented by each firm.

The residential data, which are broken down by individual office locations rather than the entire firm's transactions, are based on home sales in the Fredericksburg market between March 1, 2009, and Feb. 28, 2010. It's also possible to rank firms by units sold, but in this case we're using the total dollar sales amount. Firms get credit for a sale if they are either the listing agent or the buyer's agent.

More detailed data are at blogs.fredericksburg.com/businessbrowser.

--Bill Freehling


RESIDENTIAL BY MARKET SHARE

1. Century 21 AdVenture, Spotsylvania: 6.97 percent

2. Long & Foster Real Estate, Fredericksburg: 6.35 percent

3. Coldwell Banker Elite, Stafford: 6.07 percent

4. Keller Williams Superior Realty, Fredericksburg: 3.85 percent

5. Keller Williams Realty, Stafford: 3.30 percent

6. Get Sold Realty, Fredericksburg, 3.22 percent

7. RE/MAX Allegiance, Fredericksburg, 2.69 percent

8. Coldwell Banker Elite*, Spotsylvania, 2.61 percent

9. Coldwell Banker Elite*, Spotsylvania, 2.29 percent

10. Century 21 New Millennium, Fredericksburg, 2.03 percent

* Firm has two locations in Spotsylvania

COMMERCIAL BY MARKET SHARE

1. Thalhimer/Cushman & Wakefield Alliance: 26.5 percent

2. The Cafaro Co.: 9.1 percent

3. CB Richard Ellis: 5.4 percent

4. Silver Cos.: 3.7 percent

5. Johnson Realty Advisors: 3.5 percent

6. Realty World Select: 3.2 percent

7. Jones Lang LaSalle: 3.1 percent

8. KLNB Retail: 3.1 percent

9. The Rappaport Cos.: 3.0 percent

10. Sperry Van Ness: 2.5 percent



Date published: 3/7/2010



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