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Press Release

PREMIER SOTHEBY'S INTERNATIONAL REALTY ACHIEVES RECORD-BREAKING $7.1 BILLION IN TOTAL COMPANY SALES VOLUME FOR 2020

Budge Huskey Presenting
Budge Huskey Presenting

Premier Sotheby's International Realty

NAPLES, Fla. - January 27, 2021 - (Newswire.com)

Premier Sotheby's International Realty announced today that it achieved a record $7.1 billion in total company sales volume for 2020, a 37% increase year-over-year. With an average sales price of $795,079 (up 10%), the brokerage also closed 8,925 transactions — a 25% increase from 2019.

With more than 40 offices from Southwest Florida to the High Country of North Carolina, the brokerage reported gains in each of its markets year-over-year: In Naples, sales volume increased 41%, the number of transactions increased 26% and the average sales price was up 12% ($1,149,404); The North Carolina region reported a 52% increase in sales volume, a 27% gain in the number of transactions and an 11% increase in the average sales price; Central Florida's total sales volume was up 22%, while the number of transactions increased 19%; the Tampa Bay region saw a 27% increase in the number of transactions and an 18% increase in sales volume; and the Sarasota region achieved a 35% increase in sales volume, the number of transactions was up 21% and the average sales price increased by 12%.

Premier Sotheby's International Realty is ranked No. 25 in the annual REAL Trends 500 survey of the top U.S. residential sellers by volume and is No. 28 in RISMedia's Top 500 Power Broker Annual Report.

Quote:

"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

About Premier Sotheby's International Realty

Headquartered in Naples, Florida, Premier Sotheby's International Realty has over 1,400 professionals in over 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Companies, a prominent member of Southwest Florida's business community since 1964. For more information, visit premiersothebysrealty.com.

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Original Source: PREMIER SOTHEBY'S INTERNATIONAL REALTY ACHIEVES RECORD-BREAKING $7.1 BILLION IN TOTAL COMPANY SALES VOLUME FOR 2020
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