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There’s nothing average about a $110 million residential deal, but that number helped Westside Estate Agency hold its spot atop residential brokerages in Los Angeles by one key measure.
The luxury brokerage, co-founded by Kurt Rappaport and Stephen Shapiro, averaged $12.3 million across 66 deals during a 12-month span, the high-water mark among the top 20 residential brokerages on The Real Deal’s annual ranking of L.A. agencies.
For the ranking, TRD analyzed closed buy-side and sell-side residential deals in Los Angeles County that were recorded between July 1, 2024 and July 1, 2025. Off-market deals, vacant land sales and transactions under $1 million were not included.
Overall, the top 20 residential agencies accounted for roughly $51 billion worth of sales over the past year, good for an average of around $2.6 million. Compared to 2024, total sales volume rose by 30 percent. The average price, though, was nearly the same, as last year’s $2.7 million.
Westside’s deal count this year was the lowest among the top 20 firms, and its total sales volume of $809 million ranked 17th on TRD’s list. Westside’s average transaction size was buoyed by the $110 million sale of a Bel-Air estate on Nimes Road — the largest deal in the county so far this year. Rappaport, along with Carolwood Estates’ co-founder and CEO Drew Fenton, represented the estate’s buyer, former Crown Resorts chair James Packer.
Westside also ranked first by average deal size last year, at $9.1 million per closing across 65 sales.
Since Carolwood was also a broker on that $110 million Bel-Air purchase, its average deal size of $6.8 million snagged second place this year among the top 20 residential agencies. In terms of total sales volume, Carolwood ranked fourth with $3.2 billion in sales this year.
Compass took the No. 1 spot on TRD’s 2025 ranking by total sales volume, as the Robert Reffkin-led firm raked in $14.5 billion among almost 6,000 deals. Its average transaction size of $2.4 million was middle-of-the-pack, good for 10th among the top 20 brokerages.
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