Trulia, Hawaii Life, Keller Williams Realty, Realty One Group and Pacific Union International were among the 46 real estate-related firms who made this year’s Inc. magazine list of the 5,000 fastest-growing privately held companies in the U.S.

Companies who applied and were chosen for the list are ranked based on revenue growth from 2009 to 2012. To be considered, firms must be independent, not subsidiaries or divisions of other companies; for profit; and had to have revenues in 2009 of at least $100,000 and revenues in 2012 of at least $2 million.

Trulia, the 22nd-fastest-growing real estate company on the list, went public in September 2012.

Texas-based MileStone Community Builders, which sells homes in several planned communities, topped the list of growing real estate companies with a whopping 17,938 percent revenue jump in three years, to $45.7 million.

Illinois-based Pangea Properties was next on the list with a 6,218 percent revenue increase to $28.3 million. The firm buys, restores, rents and manages distressed buildings in troubled communities, and has more than 7,000 apartment units in about 270 buildings.

National real estate asset management and default services firm Matt Martin Real Estate Management was third on the list. The Texas-based firm had $31.7 million in revenue last year, up 3,982 percent from 2009.

Select real estate firms from the Inc. 5,000 list. Visit to see all of the 46 real estate firms that made the list.

Rank Firm 3-year % growth in revenue (2009 – 2012) 2012 Revenue Location Business type
109 Apartment List 3,191% $10.3 million San Francisco Apartment search site
308 The Force Realty 1,173% $6.5 million Bellevue, Wash. Real estate technology
484 Hawaii Life 944% $15.2 million Honolulu Brokerage
809 Trulia 559% $68.1 million San Francisco Real estate portal
704 Robert Paul Properties 651% $8.5 million Osterville, Mass. Brokerage
884 Nest Realty 504% $4.1 million Charlottesville, Va. Brokerage
1,335 Teles Properties 303% $39.4 million Los Angeles Brokerage
1,839 DLP Realty 208% $2.4 million Bethlehem, Pa. Brokerage
1,917 Platinum Realty 198% $7.3 million Overland Park, Kan. Brokerage
1,981 Elite Pacific Properites 190% $2.2 million Honolulu Brokerage
2,709 Realty One Group 130% $12.3 million Irvine, Calif. Brokerage/Franchisor
2,744 Asset Realty Group 127% $5.4 million Kirkland, Wash. Real estate tech/search
2,929 Movoto 116% $8.7 million San Mateo, Calif. Brokerage
3,024 @properties 111% $89.4 million Chicago Brokerage
3,126 HomeSmart Intl. 105% $87.4 million Phoenix Brokerage
3,433 Pacific Union Intl. 90% $92.4 million San Francisco Brokerage
4,580 ERA Sunrise Realty 48% $8.6 million Canton, Ohio Brokerage
4,643 Keller Williams Realty 46% $158 million Austin, Texas Franchisor

Source: Inc.

Some firms that operate in the real estate field like Zurple, which provides software to real estate agents, are not categorized in the real estate category, but in the software category by Inc. Zurple ranked No. 34 on the Inc. 5,000 list in 2013 with a three-year growth of 7,112 percent and a 2012 revenue of $7.7 million.

Editor’s note: This story has been updated to note that some real estate-related software companies like Zurple were not included in the list above because Inc. categorized them as “software” companies and not real estate companies. To see the full Inc. 5,000 list, go here.

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