Market Update – Premier Sotheby’s International Realty

April 25th, 2011

Judy Green, President & CEO of Premier Sotheby’s International Realty, released the 1^st Quarter of 2011 Premier’s performance in Sales Volume Trends over 1 million,  Under Contract Trends over 1 million, & New Listings over 1 million located within Collier & Lee Counties.

Sales Volume Statistics

Premier was the unquestionable luxury leader in Quarter 1 of 2011, closing nearly $240,000,000.  This is more than our next two competitors combined.  Compared to the 1^st Quarter of 2010, Premier gained significant sales volume by 24.27%.  The two closest competitors decreased in sales volume from the 1^st Quarter of 2010 to 2011.

Under Contract Statistics

Premier wrote contracts on properties over $1 million in excess of $262,000,000, which is more than our next three closest competitors combined!  The data shows a 46% growth in sales in this category.

New Listing Statistics

Premier is the only major real estate company that listed more real estate over $1 million for sale in the 1^st quarter of 2011 when compared to the 1^st Quarter of 2010.  Premier Sotheby’s International Realty shows a 7.55% increase in New Listings, where every other major firm showed a decrease in New Listings.