Friday, December 3, 2021

Sotheby’s International Realty Achieves Record-Breaking Sales Volume For 2020



Sotheby’s International Realty logo. (PRNewsFoto/Sotheby’s International Realty)

Premier Sotheby’s International Realty recently announced that it achieved a record $7.1 billion in total company sales volume for 2020, a 37% increase year-over-year. With more than 40 offices from Southwest Florida to the High Country of North Carolina, the brokerage closed 8,925 transactions (up 25%) and recorded an average sales price of $795,079, a 10% increase from 2019. 

In the Naples region, total sales volume was up 41% from 2019. The number of regional transactions increased 26% year-over-year and the average sales price was up 12%. 

Significant sales included a $19.5 million estate at 1978 Gulf Shore Blvd South, an $18.5 million residence at 700 West Admiralty Parade in Port Royal, a $15.5 million home at 3850 Gordon River Drive, a $14 million penthouse at 4101 Gulf Shore Blvd. that was the highest-price sale in the history of Park Shore, and the most expensive home ever sold on Marco Island, that fetched $10.5 million (475 Gate House Court). 

Premier Sotheby’s International Realty is ranked #25 in the annual REAL Trends 500 survey of the top U.S. residential sellers by volume and is #28 in RISMedia’s Top 500 Power Broker Annual Report. 

“With the safety of our customers and team paramount, we proudly led our regions with remote and virtual solutions while not compromising our pledge to elevated service. During extraordinary circumstances, our valued customers allowed us to shatter previous sales records in 2020. It is an honor to be part of the communities we serve, and a privilege to provide the global expertise unique to our time-honored brand.” ~ Budge Huskey, President and Chief Executive Officer, Premier Sotheby’s International Realty 



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