Naples, FLA. (January 20, 2020) — Premier Sotheby’s International Realty announced that it has achieved a record $5.2 billion in total sales volume for 2019, a 15% increase year-over-year. With an average sales price of $725,116 (up 3%), the brokerage also closed 7,129 transactions — an 11% increase from 2018.
With 40 offices from Southwest Florida to the High Country of North Carolina, the brokerage reported gains in each of its markets: In Naples, the number of transactions increased 13% with an average sales price remaining over $1 million; The North Carolina region reported a 27% increase in average sales price and a 35% increase in sales volume; Central Florida’s number of transactions increased 38% with total sales volume increasing 49%; The Tampa Bay region saw a 16% increase in average sales price and a 13% increase in number of transactions; Sarasota’s average sales price rose 6% year-over-year.
Premier Sotheby’s International Realty is ranked No. 34 in the annual REAL Trends 500 survey of the top U.S. residential sellers by volume, and is No. 32 in RISMedia’s Top 500 Power Broker Annual Report.
“2019 was a year of great success across our footprint, highlighted by steady gains and significant sales in each region. We are honored to be part of the communities we serve, and are privileged to provide our valued customers with the elevated experience and global expertise unique to our time-honored brand.”
— Budge Huskey, 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 1,100 associates and employees in 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.