Opendoor Market Leadership and Valuation
With a U.S. market potential of $1.3T
Seattle
Spokane
Tacoma
Kennewick
Portland
• Salem
5M
Annual homes sold
Redding?
87%
Homes in buy box of $100K
to $750K
$1.3T
Total annual GMV
↑ Boise
Minneapolis-
St.Paul
Boston
Milwaukee
Rapids
Grand
Detroit
Buffalo
Hudson Valley
? Providence
Long Island
Newark
Trenton
Cleveland
Chicago
Ogden
Reno
Omaha
Salt Lake City?
Canton
Columbus..
Pittsburgh Philadelphia
Baltimore
Washington, DC
Dover
Sacramento
Oakland Stockton
? Provo-Orem
Fort Collins
Greeley
Indianapolis
↑ Cincinnati
Boulder
↑ Modesto
Hanford
Denver
Charlottesville
Kansas City
Visalia
Bakersfield
Colorado Springs
St. Louis Louisville
Lexington
Richmond Hampton
Roads
Ventura
Raleigh-Durham
Los Angeles?
Riverside Las Vegas
Nashville Knoxville Charlotte
Orange County
Tulsa
Wilmington
Memphis
Phoenix ?
Oklahoma City
Santa Fe ?
San Diego
९
↑ Yuma
↑ Albuquerque
El Centro
↑ Tucson
Dallas-Fort
Worth?
Atlanta
Charleston
Birmingham
Savannah
Note:
Annual homes sold and sales distribution per National Association of Realtors (NAR)
Gross Merchandise Value = annual homes sold x $310k average sales price x 87%. Individual metrics per NAR
Killeen
Jacksonville
↑ Austin
Baton Rouge
Houston
Ocala 9
New Orleans
San Antonio
↑ Orlando
Tampa
Ft. Myers
Vero Beach
Ft. Lauderdale
Miami
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