Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. Sotheby’s International Realty Achieves Historic Year With Record $204 Billion In Global Sales Volume
Posted on 24/02/2022

Sotheby’s International Realty Achieves Historic Year With Record $204 Billion In Global Sales Volume

RESIDE

Share this link
Sotheby’s International Realty Achieves Historic Year With Record $204 Billion In Global Sales Volume
Sotheby’s International Realty’s global network achieved a record US$204 billion in 2021 global sales volume, a 36% increase in sales growth year over year, thus becoming the leader in the high-end market. “Real estate proved to be a hot investment in 2021,” said Philip White, president and CEO of Sotheby’s International Realty. “Once again, agents affiliated with Sotheby’s International Realty outperformed the industry average and achieved record-breaking home sales as buyers continued to depend on their trusted expertise to navigate a constrained market.” But how can we explain these exceptional numbers?

Firstly, remote work influenced a lot buyer behavior in 2021, and secondary markets and resort areas continued to produce high demand and increased prices: in the U.S., in areas such as Florida, Hawaii, and Colorado, globally, in Spain, Switzerland and in Turks & Caicos Islands.

Secondly, Sotheby’s International Realty’s technology and marketing efforts allowed the brand to overcome its rivals. Indeed, the website saw more than 46 million visitors in 2021, a 25% increase year-over-year, and it introduces translations in 14 languages, property videos, nearly 60 currency conversions, and a mobile-first approach, thus making the browsing easier.

Finally, Sotheby’s International Realty continued to expand its presence around the world, opening more than 86 new offices, thus becoming present in 79 countries. In the Middle East, in Oman and Morocco, in Europe, three offices in the Swiss Alps region.

The latest articles

Luxury real estate, foreign buyers are back
Read more

Luxury real estate, foreign buyers are back

The luxury real estate market is not experiencing the crisis. Between 2019 and 2022, professionals in the sector have achieved double-digit growth. And between the lifting of health restrictions and the favorable exchange rate for the dollar, foreign investors are...

Read more
Real estate: the Parisian ultraluxury doesn't know the crisis
Read more

Real estate: the Parisian ultraluxury doesn't know the crisis

On the Parisian real estate market, the ultraluxury does not know the crisis. Indeed, prices remain on the rise, unlike those of the top-of-the-range market. In some districts, prices can even exceed 30,000 euros per square meter, provided that the property is sold...

Read more
Sotheby's International Realty: Record results in the third quarter of 2022
Read more

Sotheby's International Realty: Record results in the third quarter of 2022

More than 900 million euros: this is the total number of sales made by Sotheby's International France-Monaco between January and August 2022. The house recorded a record third quarter -something never seen before- with more than 520 million volumes of sales. These...

Read more