William Pitt Sotheby’s Experiences Highest 2013 Dollar Volume Growth in Fairfield and Southport

William Pitt Sotheby’s International Realty, the premier real estate firm in Fairfield County, today announced that its local Southport-Fairfield brokerage, located at 250 Pequot Avenue in Southport, experienced a greater increase in dollar volume than any other local firm in 2013.

According to the Greater Fairfield County CMLS, the office in Southport was responsible for $141 million in dollar volume in 2013, compared to $95 million in 2012—an increase of 47%. The nearest competitor had dollar volume growth of 29% in 2013 versus 2012. 

In addition, this office achieved nearly double the dollar volume of the Fairfield County market as a whole, which saw a 24% increase in 2013 versus 2012. The William Pitt Sotheby’s Southport-Fairfield Brokerage office also experienced significant increases during the prior year. The $95 million 2012 sales figure was an increase of 64% versus the $58 million in dollar volume in 2011, a year that saw only a 9% increase in the market as a whole in Fairfield County.

In total, from 2011 to 2013 the company surged to a 143% increase in dollar volume. “As the recovery takes off in the wake of the most challenging period in real estate in recent memory, buyers and sellers have become very selective in deciding which real estate brand to work with. They recognize the importance of having the right agent to meet their needs,” said Brad Kimmelman, brokerage manager for William Pitt Sotheby’s International Realty’s Southport brokerage. “We have a serious yet friendly office environment that fosters teamwork, cooperation and trust, with the support of a powerful and prestigious global real estate brand. I am proud that in 2013 we were the fastest growing real estate firm in Fairfield and Southport.”

The $141 million 2013 sales figure includes sales handled by the company’s current Southport office, as well as its previous Fairfield and Southport offices, which merged in February of 2013 into one local brokerage. The company stated that the move to 
consolidate its Fairfield operations was motivated by a need to accommodate the significant growth it was experiencing on a local level, as well as to accomplish more efficiency in leadership and operations. 

About William Pitt Sotheby’s International Realty Founded in 1949, William Pitt Sotheby’s International Realty manages a $2.6-billion-plus portfolio with more than 1,000 sales associates in 28 brokerages spanning Connecticut, Massachusetts, and Westchester County, New York. William Pitt Sotheby’s International Realty, combined with partner firm Julia B. Fee Sotheby’s International Realty, is now the largest 
Sotheby’s International Realty® affiliate globally, the third-fastest-growing real estate company nationally, and the 23rd-largest real estate company by sales volume in the United States. Julia B. Fee Sotheby’s International Realty serves the luxury home market throughout Westchester County, New York. A full-service real estate firm headquartered in Stamford, Connecticut, 
William Pitt Sotheby’s International Realty provides ancillary services including commercial services through its affiliation with Building and Land Technology, a second-generation development company based in Stamford, Connecticut; William Pitt Insurance Services; and an award-winning global relocation division. For more information, visit the website at williampitt.com.

Sotheby’s International Realty’s worldwide network includes more than 14,000 sales associates located in 700 offices throughout the United States and 49 other countries and territories.

William Pitt Sotheby’s International Realty Contact:
Brad Kimmelman
Brokerage Manager
William Pitt Sotheby’s International Realty
BKimmelman@williampitt.com
(203) 256-7700