Shorewest, REALTORS® Reports Record Year in 2021
Shorewest, REALTORS® had its best year on record, closing $3.26 billion in real estate sales in 2021. This is the highest annual sales ever recorded for the company in its 75-year history of selling real estate.
Shorewest sales associates helped 10,880 families in 2021 by successfully negotiating for their clients in this competitive market.
“Our success in 2021 is due to the hard work and diligence of our industry-leading sales associates, management and support teams,” says Joseph A. Horning, president of Shorewest, REALTORS®. “They truly put their clients first, and are committed to delivering outstanding results no matter what is happening in the market. We can’t thank them enough for all they do for their communities and clients.”
As the #1 independent, family-owned brokerage in Wisconsin, this impressive achievement in sales volume continues to secure the company as the largest firm in Wisconsin.
A market with low inventory and strong buyer demand helped drive the average sales price of homes up 9.5% (median sales price per Sq. Ft.) to $319,573. Multiple offers – often well over asking price — became the norm in 2021. With many buyers missing out on securing a home in 2021, sales are expected to be strong well into 2022.
About Shorewest REALTORS®
Through over 75 years and three generations of leadership, Shorewest, REALTORS® has served the housing needs of Wisconsin. From the vision of one man to the power of 1,200, Shorewest has grown to include 25 sales offices and a family of in-house relocation, property management, rentals, mortgage, title and insurance services. In 2021, Shorewest was named the Wisconsin’s #1 Real Estate Top Workplace for the tenth consecutive year.
Shorewest, Realtors® is Wisconsin’s Largest Home Seller™, a position it’s held since 1951. Shorewest currently controls more than 27% of the metro-Milwaukee real estate market, according to Metro Milwaukee MLS.
With innovative services such as its comprehensive internet site and apps for Apple IOS and Android devices, Shorewest leads in using technology to exceed customer experience and usability. Shorewest, REALTORS® also specializes in marketing fine homes. As a founding member of the Leading Real Estate Companies of the World®, it is a part of Luxury Portfolio International®, which features the most comprehensive marketing program and network of luxury-tier properties throughout the world.
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