How many Boston residential brokerage firms in Boston?
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How many Boston residential brokerage firms in Boston?
There are approximately 480 licensed real estate brokerages in the City of Boston. This high concentration is significantly greater than in neighboring cities like Cambridge, which has about 60.
The residential real estate landscape in Boston is dominated by a mix of large national franchises and prominent local luxury firms:
- Leading Firms: Some of the largest residential firms operating in the area include Compass, William Raveis Real Estate, Gibson Sotheby’s International Realty, and Coldwell Banker Realty.
- Agent Population: These firms support a large workforce of approximately 5,600 to 6,100 individual real estate agents.
- Geographic Clusters: Brokerages in Boston tend to cluster in specific high-activity neighborhoods such as Newbury Street in the Back Bay and Commonwealth Avenue in Allston/Brighton.
- Market Share: Large firms like Coldwell Banker Realty report substantial local activity, with over 3,300 agents in the broader Boston area and more than 15,000 homes sold in 2024.
For those looking for specific firm rankings or contact details, the Boston Business Journal and Boston Magazine regularly publish lists of top-performing residential real estate producers and firms.
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Boston real estate for sale in South Boston
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