Real estate brokerage surpasses $7 billion in sales volume

Surge in closed sales included several large sales in Naples.

By Business Observer Staff
| 4:52 p.m. February 9, 2021
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Premier Sothebyâ€™s International Realty President and CEO Budge Huskey.

Charlotte–Lee–Collier

NAPLES — Premier Sotheby’s International Realty, seizing on the hot real estate market, posted a record-breaking $7.1 billion in total company sales volume for 2020.

That’s up 37% over 2019, according to a statement. 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, the release adds.