Compass now leads deal volume in every single one of Los Angeles County's 25 highest-volume cities and neighborhoods, a sweep that includes a commanding 56 percent share of Malibu's total deal amount. The brokerage's grip extends across the county's highest-volume cities and neighborhoods, with its combined network capturing 40 percent of deal volume in the city of Los Angeles, 32 percent in Beverly Hills and 47 percent in Santa Monica.
The numbers come from data analyzed by The Real Deal, which mapped Compass's market share across LA County and examined what the brokerage's growing dominance means for smaller rivals. The outlet's companion report found Compass held a share of 40 percent or greater in nine LA County cities and neighborhoods, according to The Real Deal.
Compass already had a substantial presence in Los Angeles County before it acquired Anywhere Real Estate, and the string of mergers behind that growth has been years in the making. In 2024, Compass announced plans to acquire @properties and Christie's International Real Estate in a deal valued at roughly $444 million, setting the stage for the much larger move that followed.
The Anywhere Deal Reshaped the Map
Compass completed its $1.6 billion acquisition of Anywhere Real Estate on January 9, making it, in the words of the New York Times, far and away the world's largest real estate brokerage. The combined company is expected to bring roughly 340,000 real estate professionals worldwide onto a shared network operating in about 120 countries and territories, per the same report. Compass CEO Robert Reffkin, who leads the company, serves as CEO and chairman of Anywhere's wholly owned subsidiary under the new structure.
The scale of that growth shows up in Compass's financials, too. The Times reported a 23.6 percent year-over-year increase in sales revenue in the third quarter of 2025, with the company reaching $1.85 billion in transactions that quarter alone.
Without those mergers, the data shows a very different LA County map. The standalone Compass brand would have led in 19 of the top 25 cities and neighborhoods rather than all 25, up from 17 before the acquisitions, per the same account. The standalone Compass brand's expanding footprint flipped several markets: between the periods ending in July 2025 and July 2026, Compass overtook Carolwood in Beverly Hills and Coldwell Banker in Calabasas and San Marino, while Carolwood overtook Compass in West Hollywood, the report notes.
Where the Numbers Tell a Sharper Story
Some individual market breakdowns show just how much the acquisitions moved the needle. In Encino, The Agency held a 13 percent share while the standalone Compass brand would have claimed only 10 percent — but the combined network's share jumped to 23 percent, according to the same source. After folding in Vista Sotheby's figures, the Compass network held 43 percent of the market in Palos Verdes Estates and 41 percent in Hermosa Beach.
Not every market tilted heavily in Compass's favor. In Arcadia, RE/MAX Premier Properties posted $184.4 million in volume for a 12 percent share, trailing the Compass network's $255.4 million and 17 percent share — a closer race than in markets like Malibu. The Real Deal's rankings excluded off-market activity from its source data.
Smaller Firms Weigh In as Consolidation Accelerates
Compass's expansion hasn't gone unnoticed by competitors. The Agency CEO Mauricio Umansky told The Real Deal that moves of this scale will certainly accelerate further consolidation across the industry, while also creating room for boutique firms to differentiate themselves. The same report found that nine independent brokerages accounted for slightly more than a third of the $51 billion generated by the market's top 20 brokerages between July 2024 and July 2025. Carolwood Estates, notably, represented both of LA County's two highest-priced megadeals that year, each selling for $110 million.
The pattern extends beyond Los Angeles. A study highlighted by Inman found Compass increased its market share to at least 30 percent in all five cities it analyzed after adding its newly acquired brands, with Washington, D.C.'s share estimated to jump from 22 percent to almost 40 percent, reported therealdeal.com. Reffkin has said Compass's goal is to reach 30 percent market share in 30 markets by 2030, according to Inman.
That same Inman report, citing a Consumer Policy Center study, found Compass holds between 30 percent and 39.5 percent of unit sales across Boston, Washington, D.C., Chicago, San Diego and Austin, with its double-ending rate in the nation's capital reaching 41 percent. The report's author said those double-ending rates — where Compass represents both buyer and seller — could rise considerably as the company integrates Anywhere. In Boston specifically, Compass was estimated to hold more than 32 percent of the market while Keller Williams, the next-largest brokerage there, held just over 4 percent.
Compass's marketing playbook has also drawn attention. CNN reported that the company rolls out listings in three phases: first privately to a small network of agents and buyers as a private exclusive, then as coming-soon listings online, and finally as traditional public listings. Zillow has since responded with its own Zillow Preview feature, showcasing pre-market listings from more than two dozen partner brokerages, per the same report.
