Brokerage crushes 2020 sales volume in eight months

NAPLES — The latest example of how hot the residential real estate market is comes from Premier Sotheby’s International Realty: through August the firm has already surpassed its 2020 record-breaking total sales volume.

The Naples-based brokerage, according to a statement, has surpassed $7.1 billion in sales volume year-to-date. That’s up 130% year-over-year.

“We have seen an extraordinary boost in demand throughout our markets this year,” Premier Sotheby’s International Realty President and CEO Budge Huskey says in the statement. “During this transformative time, our valued customers allowed us to shatter previous sales records to an unprecedented level. 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.”

Premier Sotheby’s International Realty has over 1,400 professionals in over 40 locations throughout Florida and North Carolina. The firm, ranked No. 21 in the annual REAL Trends 500 survey of the top U.S. residential sellers by volume, is also associated with Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Cos., a prominent member of Southwest Florida’s business community since 1964.