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Homes Sold
Counts the homes Offerpad has resold in a period. Sales velocity converts inventory into cash and profit—consistent, strong sales reduce carrying costs and validate pricing and renovation strategies.Homes Sold has collapsed from its 2022 peak to a steady low into 2026 and remains far below the ~1,000 quarterly transactions management says are needed for adjusted‑EBITDA breakeven; Q1 call reported ~263 transactions (versus 211 in this series, implying definitional/cohort differences) and guidance of 300–350 in Q2, signaling only modest sequential recovery. AI-driven conversion gains, lower lead costs and marketplace growth materially reduce execution risk, but macro headwinds and a shift toward lower‑fee transaction mix keep profitability contingent on sustained monthly conversion improvement.
Date | Homes Sold |
|---|---|
Jun 30, 2026 | 206.00 |
Mar 31, 2026 | 211.00 |
Dec 31, 2025 | 312.00 |
Sep 30, 2025 | 367.00 |
Jun 30, 2025 | 452.00 |
Mar 31, 2025 | 460.00 |
Dec 31, 2024 | 503.00 |
Sep 30, 2024 | 615.00 |
Jun 30, 2024 | 742.00 |
Mar 31, 2024 | 847.00 |