Market Update – Premier Sotheby’s International Realty
April 25th, 2011Judy Green, President & CEO of Premier Sotheby’s International Realty, released the 1st 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 1st Quarter of 2010, Premier gained significant sales volume by 24.27%. The two closest competitors decreased in sales volume from the 1st 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 1st quarter of 2011 when compared to the 1st 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.