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Edina Realty leads local market for 21st consecutive year


2020 results show 30,383 transactions totaling $9.9 billion in sales



EDINA, MN, Jan. 19, 2021 – Edina Realty (www.edinarealty.com), the largest residential real estate company in Minnesota and western Wisconsin, released its sales results for 2020 which place the company as the market leader in home sales for the 21st consecutive year. At year’s end, agents of the company had totaled 30,383 transactions equating to nearly $10 billion in sales volume.

Edina Realty has built its lead in the Minnesota and Wisconsin markets by recruiting and retaining agents and employees who believe in the company’s values of honesty, integrity, commitment, innovation and community, according to Edina Realty Home Services CEO Greg Mason.

“Earning and keeping our market leadership has been a direct result of hiring the most talented, committed and honest professionals the area has to offer,” said Mason. “Edina Realty’s expertise and dedicated staff, including real estate, mortgage, title, insurance and warranties, come together to provide clients the best possible experience.”

Edina Realty closed 41 percent more transactions in 2020 than its nearest competitor. Despite the effects from the ongoing COVID-19 pandemic, the company remains optimistic about the year to come.

“The market hasn’t slowed down over the winter,” said Sharry Schmid, Edina Realty president. “Our agents continue to report strong interest from buyers in many product types, making most bidding processes fast-moving and competitive.”

Edina Realty predicts 2021 buyers and sellers in Minnesota and western Wisconsin will experience:

  • Ongoing low inventory of homes for sale, ongoing competition and increasing home values.
  • Continued low interest rates, with record lows around 2.5% possible.
  • New construction will remain strong.

For more information on Edina Realty and its family of companies, visit www.edinarealty.com or contact the Customer Care Team, available seven days a week at 952.928.5563.

About Edina Realty
Edina Realty is a Berkshire Hathaway affiliate and a wholly-owned subsidiary of HomeServices of America, Inc. It is one of the nation’s largest real estate companies with more than 75 real estate offices and more than 2,300 REALTORS® throughout Minnesota and western Wisconsin. Edina Realty's family of companies includes Edina Realty, Edina Realty Title, Edina Realty Insurance and Edina Realty Mortgage. Edina Realty also has a marketing relationship with HSA Warranty. Edina Realty closed more than 30,000 real estate transactions and $9.98 billion in sales volume in 2020. For more information, visit www.edinarealty.com or find us on Facebook: facebook.com/EdinaRealty; and Twitter: Twitter.com/Edina_Realty; and Instagram: Instagram.com/EdinaRealty.

 


Get more information, or schedule an interview:

Gena Henrich, Edina Realty952.928.5069genahenrich@edinarealty.comPaul Maccabee, Maccabee Group612.337.0087paul@maccabee.com



Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings