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Here's more evidence the residential market continues to shine on the Gulf Coast.
Residential brokerage tracker Real Trends publishes a much-anticipated ranking of the top firms and seven Gulf Coast brokerages made the list of companies with more than $1 billion in transactions.
Not surprisingly, the top brokerages were based in Naples and Sarasota, where prices of existing homes have risen at some of the fastest rates in the nation. Brokerages in Tampa and Lakeland also made a strong showing.
Premier Sotheby's International Realty ranked first in Florida with $3.9 billion in transaction volume. That put the Naples-based firm in 30th place in the nation. Premier has 900 agents and employees in 36 locations in Florida and North Carolina.
Michael Saunders & Co. of Sarasota came in second on the Gulf Coast with $2.6 billion in transaction volume, followed closely by John R. Wood Properties of Naples with $2.3 billion.
Other firms on the Gulf Coast that crossed the $1 billion threshold include Keller Williams Realty - Chadwick Group in Tampa with $1.6 billion in transaction volume; RE/MAX Alliance Group of Sarasota with $1.4 billion; Smith & Associates Real Estate of Tampa with $1.1 billion and Keller Williams Realty of Central Florida in Lakeland with $1 billion.
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