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

Real estate: real prices in Île-de-France, city by city
Read more

Real estate: real prices in Île-de-France, city by city

Real estate transactions in the Paris Region fell by a significant 25% in the second quarter of 2023, affecting all cities in the region. This trend is marked by an extension of the average property sales time, from just one month in 2022 to three and a half months...

Read more
France's prestige real estate market to post
Read more

France's prestige real estate market to post "surprisingly good results" in 2023

Despite a challenging economic environment, marked by inflation, rising interest rates, tightened credit conditions, the depreciation of the euro, and the situation in Ukraine, Sotheby's International Realty France-Monaco has recorded surprisingly positive...

Read more