PREMIER SOTHEBY'S INTERNATIONAL REALTY ACHIEVES RECORD-BREAKING $10.7 BILLION IN COMPANY SALES VOLUME FOR 2021

NAPLES, Fla., January 14, 2022 (Newswire.com) - Premier Sotheby's International Realty announced today it achieved a record $10.7 billion in total company sales volume for 2021, a 51% increase year over year. With an average sales price of $931,567 (up 17%), the brokerage also closed 11,471 transactions — a 29% increase from 2020.

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:

• Naples region: 49% increase in total sales volume, 31% increase in the number of transactions and average sales price was up 13% ($1,302,151)
• Central Florida region: 92% increase in total sales volume, 53% increase in the number of transactions and average sales price was up 25%
• Sarasota region: 44% increase in total sales volume, 24% increase in the average sales price and the number of transactions was up 16%
• Tampa Bay region: 44% increase in total sales volume, 26% increase in the number of transactions and average sales price was up 15%
• North Carolina region: 40% increase in total sales volume, 19% increase in the number of transactions and average sales price was up 18%

Premier Sotheby's International Realty ranked No. 19 nationwide in sales volume in RISMedia's Top 500 Power Broker Annual Report and No. 21 in the annual REAL Trends 500 survey of the top U.S. residential sellers by 2020 sales volume.

Quote:

"We are deeply grateful for our valued customers who entrust us on their real estate journeys, and for our best-in-class global advisors who define our unique culture of exceptionally elevated experiences. Those we serve, and who serve, have allowed us to shatter our previous record — confirming our position as one of the nation's leading brokerages."

• 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.

Source: Premier Sotheby's International Realty