2020 may have been a year like no other and that certainly rings true when it comes to breaking and setting new residential real estate records. Arizona’s leader in luxury real estate, Russ Lyon Sotheby’s International Realty is proud to announce it closed the year with a record-breaking $5.32 billion in total sales. That is the highest yearly number ever recorded in the company’s history for total sales volume.
Among the impressive 2020 sales, Russ Lyon Sotheby’s International Realty represented both the buyer and seller for the highest residential sale in Arizona’s history at $24,100,000 during the fall of this year and represented the seller of the notable David and Gladys Wright House.
In 2020, the luxury brokerage closed a total of 7,247 transactions state-wide with the average sales price at $734,008.
View the Top 20 Sales of 2020 for Russ Lyon Sotheby’s International Realty here:
The brokerage has been in business since 1947. 73 years later there are now 950 agents and 13 offices state-wide. In 2020, agents and the various offices were recognized more than 100 times for a variety of industry awards.
But most importantly, during 2020 when many charities were struggling, the Russ Lyon Charitable Foundation was honored and named one of Arizona’s Largest Philanthropists withmore than 3,750 volunteer hours, as well as donating more $108,492 to charity.
There is no doubt, 2020 has been a year to remember. It has been a year of great hardships, great triumphs and the greatest year of giving by our agents, staff and managers. We are incredibly proud of our family of agents and these tremendous numbers and record breaking sales shows Russ Lyon Sotheby’s International Realty continues to be the dominant leader in Arizona’s luxury real estate market.
Jim Lyon, Chairman of Russ Lyon Sotheby’s INternational Realty
Additional noteworthy achievements for Russ Lyon SIR in 2020:
CEO and co-owner Todd Gillenwater was named an AZ Business Leader
President and Designated Broker, Deems Dickinson, was named to the 2020 Swanepoel Power 200 List
The Russ Lyon SIR Relocation department received Cartus Platinum Status for their 2019 efforts
The brokerage was involved in 520 headlines
The brokerage received 1,642 earned media placements
The in-house marketing department created over 13,502 pieces for their Real Estate Advisors
Released annually by AZ Big Media, leaders are selected from a pool of more than 5,000 of the most innovative entrepreneurs and the best and brightest Arizona business leaders in healthcare, real estate, construction, education, baking, financial services, manufacturing, technology and law. Over the course of more than two dozen meetings, that list of 5,000 leaders under consideration was paired down to about 500 names, which the selection panel considered to be the most influential leaders in their industries.
Prior to his role current role as CEO and co-owner of Russ Lyon Sotheby’s International Realty, Gillenwater worked as a sales associate, associate broker and managing broker expanding his experience and knowledge in the real estate industry. He founded the Russ Lyon Charitable Foundation, a 501(c)(3), in 2014 and is a part of its Board of Directors overseeing the philanthropic efforts put forth on behalf of the Arizona community.
Todd has been the cornerstone of the RL Foundation. His foresight and commitment to community service encouraged him to establish our Foundation in 2014 as a vehicle to give all of our associates and employees the opportunity to come together for the benefit of each of the communities we serve.
Deems Dickinson, President and Designated Broker
To see the full list of the AZ Business Leaders, click here.
Every Car Needs A Home: The new year means it’s auto season here in Arizona! Things may seem a bit different this season as some shows and auctions have decided to change their dates and host a more intimate setting for health and safety, but we’ve got a line up of lavish estates to get any car lover ramped up. Read more here
Home is Where the Heart Is: Whether by necessity or choice, home is not just our place of comfort and relaxation. Home is now our office, our gym, our favorite restaurant, our date night and more homebuyers and owners have discovered that their next purchase or renovation needs to match and accommodate their new lifestyle of being at home more than ever. Read more here
Design Trends of 2021: Elle Decor asked designers and industry veterans what they are forecasting as the top design trends moving forward into 2021. A neutral palette, relaxed seating, state-of-the-art entertainment equipment, and substantial dining tables are just a few of the trends that have emerged from all these days spent at home. Read more here
Sophisticated and Snug: 6 home features to chase away the chill this winter. With the winter months upon us, now is the time to create warm and cozy spaces for relaxing on chilly nights. While there are many tried and true strategies for making winter bright (with a steaming mug of mulled wine at the top of the list), set a foundation with inviting interior design. Whether you’re giving your current rooms a makeover or thinking ahead on inspiration, here are five sophisticated features to help welcome in the cheer. Read more here
Explore Switzerland: Every day, Sylvia Michel and her fluffy White Swiss Shepherd Rasta go on a hike through the perfect hills and valleys of Switzerland, and they take their Instagram followers along for the ride. Since COVID19 has kept many people in self isolation, travel-lovers around the world have been living vicariously through Rasta the dog’s daily adventures. Read more here
Upcoming Auctions: Following the guidelines for the Phase Four reopening of Manhattan, Sotheby’s is able to accommodate clients in their building by appointment only. For interest in upcoming auctions, to preview, or bid, click here.