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Real estate brokerage surpasses $7 billion in sales volume

Surge in closed sales included several large sales in Naples.

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  • | 4:52 p.m. February 9, 2021
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Premier Sotheby’s International Realty President and CEO Budge Huskey.
Premier Sotheby’s International Realty President and CEO Budge Huskey.
  • Charlotte–Lee–Collier
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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.

In the Naples region, total sales volume was up 41% from 2019. The number of regional transactions increased 26% year-over-year and the average sales price was up 12%. Significant sales in Naples included a $19.5 million estate at 1978 Gulf Shore Blvd. South; an $18.5 million residence at 700 West Admiralty Parade in Port Royal; a $15.5 million home at 3850 Gordon River Drive; a $14 million penthouse at 4101 Gulf Shore Blvd. that was the highest-price sale in the history of Park Shore; and the most expensive home ever sold on Marco Island, at 475 Gate House Court, that sold for $10.5 million.

“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,” Premier Sotheby’s International Realty President and CEO Budge Huskey says in the release. “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.”

Headquartered in Naples, Premier Sotheby’s International Realty has over 1,400 professionals in over 40 locations throughout Florida and North Carolina. The brokerage is a division of The Lutgert Cos.



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