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Sotheby’s Massachusetts firms close 2022 with $7B in sales volume

by Liz Hughes

Sotheby’s International Realty’s Massachusetts firms achieved $7 billion in sales volume serving 6,000 clients in the Bay State last year. 

Despite the cooling market, Sotheby’s said its Massachusetts-based brokerages remained busy. And despite supply and demand issues and rising interest rates, the firm didn’t see prices fall in 2022. In fact, they said they saw them remain steady. 

Gibson Sotheby’s International Realty CEO Colleen Barry said, “in the face of a market shift, successful companies must deliver exceptional service.” 

“Despite low inventory levels and high interest rates, Sotheby’s International Realty continues to lead the industry through its technology and marketing offerings, and the performance of all affiliated associates statewide made significant contributions to the brand’s success in 2022,” she said. “We are proud to be ambassadors of the most trusted residential real estate brand in the nation.”

“People depend on a brand they recognize and trust to navigate a shifting market,” Chief Strategy Officer Nicole Rideout Hartwick said. “These numbers verify the dedication of our affiliated professionals, and it gives me great pride to recognize them for their achievements.

Sotheby’s International Realty includes 12 Massachusetts brokerage firms, each independently owned and operated: Gibson Sotheby’s International Realty, Barrett Sotheby’s International Realty, Cape Coastal Sotheby’s International Realty, Mathieu Newton Sotheby’s International Realty, Maury People Sotheby’s International Realty, Mott & Chace Sotheby’s International Realty, New Seabury Sotheby’s International Realty, Sagan Harborside Sotheby’s International Realty, South Shore Sotheby’s International Realty, Unlimited Sotheby’s International Realty, Wallace & Co. Sotheby’s International Realty and William Pitt Sotheby’s International Realty. Additionally, there are three Sotheby’s International Realty brokerages in Falmouth, Osterville and Sandwich.

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