Allie Beth Allman & Associates Posts Record $1B Quarter to Start 2026
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Allie Beth Allman & Associates has posted its best first quarter on record, topping sales of over $1 billion, including a record-setting performance for March.
For the three months ending March 31, the Dallas-based luxury real estate brokerage reported sales of $1,051,223,564, including $500 million posted in March alone.
The company also reported strong performance in the affluent neighborhoods of the Park Cities, where it represented nearly 42% of the market with sales totaling $145 million.
“This is a testament not only to the vibrancy of the Dallas market, but to our agents who offer the best-in-class expertise,” said Keith Conlon, the company’s president and CEO. “We know the market. We know the neighborhoods. We know our clients, and we know how to operate in the luxury space. The local advantage is a game-changer.”
Here are some of the company’s first-quarter highlights:
- 641 transactions
- 232 agents closed at least one home
- 46% of homes sold topped $1 million
- 5% of homes sold for $5 million or more
- 14 agents each sold homes for $9 million or more
- 30 agents surpassed total sales of $9 million
Momentum Continues From Record 2025
In early January, Conlon made an equity investment in the brokerage, prioritizing Allie Beth Allman’s original vision for a firm based on local roots and relationships. Momentum from a record-setting 2025, when the company topped $4 billion for the first time, carried into 2026, he said.
“We had so many deals in the pipeline as the year ended, and every agent I talked to said, ‘If all
of this stuff that I have hits, I’m going to have a massive year,’” Conlon said.
Dallas Buyers Are Driving Top Transactions
Although out-of-town buyers continue to remain active in North Texas, Conlon noted that local buyers are driving high-end deals throughout Dallas. All except one of the brokerage’s $9 million transactions were from the Dallas area.
“We have really strong local buyers with deep roots and understanding of the market, and they saw some really good houses come up for sale, so they jumped on them quickly,” he said.
“People see cranes. They see construction. There is always something new coming to Dallas,” Conlon continued. “Local buyers see the future, and they are feeding off of that.”
Conlon reiterated that the agents are the company’s driving force because they understand the importance of strategic sales, market knowledge, innovative technology, and results-oriented marketing and are committed to the company’s culture of local roots and relationships.
Alex Perry — consistently the No. 1 agent at the firm and, according to RealTrends, No. 1 in Texas — joined the company 20 years ago because he believed it represented the best in Dallas. He still does.
“Other companies have come and gone, but Allie Beth Allman has not just stood the test of time, it has stayed the market leader,” Perry said. “When you work with an Allie Beth agent and that sign goes up, you know the high quality of the home and of the agent selling it, someone who has the heart of an entrepreneur who values relationships and puts the client first to get the deal done.”
Conlon said that upon seeing the official numbers earlier this month, he sent an email to agents congratulating and thanking them, along with a photograph of the company’s agents from 2012 that had a note that read: “One Year. One Office. $1 billion.”
“That was a big deal doing $1 billion in one year back then, but doing $1 billion in just one quarter now is just absolutely amazing,” he said. “Going forward and hopefully reproducing that every quarter might be a dream to some, but I think it’s possible, and I believe the very best is still ahead.”
