John R. Wood Properties has 2020 increase of one billion dollars

John R. Wood Properties has reported 2020 written sales volume of $3.65 billion, an increase of $1 billion over the company’s 2019 written contract volume. The firm specializes in southwest Florida, conducting business only in Collier and Lee counties.

With 2,467 closed listings and 2,863 new listings in 2020, the company sold more listings and represented more sellers in southwest Florida than any other firm.

“In July, August and September, traditionally the three slowest months of the year, the demand for homes and condominiums in our area was amazing as would-be residents sought an escape from COVID and a lifestyle they could enjoy year-round,” said Phil Wood, President of John R. Wood Properties. “In particular, the luxury market was very strong, with the $2 million and up category showing a significant increase in 2020 compared to 2019.”

The company has more than 600 real estate agents in 19 offices serving the areas of Marco Island, Naples, Ave Maria, Bonita Springs, Estero, Fort Myers, Fort Myers Beach, Cape Coral, and Sanibel/Captiva Islands.

The company achieved strong success in some of the area’s most exclusive neighborhoods. Demand was particularly strong in areas with larger single-family lot sizes, such as Port Royal, the Moorings, Quail West, and Golden Gate Estates. Larger homes with more rooms and those with greater outdoor spaces were also highly coveted during the past year.

“Our highly experienced associates continued to exhibit best-in-class real estate knowledge during an uncertain time,” added Wood, “their creative utilization of today’s modern digital intelligence was especially useful in helping clients find the best luxury real estate on the market.”

In October, the company announced its merger with Vineyards Naples Properties, a move that expanded John R. Wood Properties’ Naples presence and further strengthened its position as southwest Florida’s oldest and leading real estate brokerage. The Vineyards community represents more than $200 in residential transactions annually, a figure that continues to rise as both the number of sales and the average sales prices increase.

About John R. Wood Properties
John R. Wood Properties is the oldest major real estate brokerage in southwest Florida, having been founded in 1958. For five years in a row, it has held the #1 market share in the two-county SWFL area that includes Collier and Lee counties. More than a local brand, it is a highly revered organization with over 60 years of industry and market experience offering best-in-class training and data resources for agents, broad international exposure to buyers, and highly-focused luxury marketing resources that drive results for sellers.