Russ Lyon Sotheby’s International Realty announces highest year ever on record

By Rose Law Group Reporter

(SCOTTSDALE, Ariz.) – 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.

Russ Lyon Sotheby’s International Realty’s top 20 sales of 2020 include:

$24,100,000 – Scottsdale – Seller and Buyer Representation$10,200,000 – Scottsdale – Seller and Buyer Representation$8,250,000 – Scottsdale – Seller Representation$7,600,000 – Paradise Valley – Seller Representation $7,500,000 – Scottsdale – Buyer Representation$7,250,000 – Phoenix – Seller Representation$6,400,000 – Scottsdale – Buyer Representation$6,250,000 – Paradise Valley – Seller Representation$6,050,000 – Scottsdale – Buyer Representation$5,895,000 – Scottsdale -Seller Representation $5,800,000 – Scottsdale – Seller and Buyer Representation $5,750,000 – Scottsdale – Seller Representation $5,750,000 – Scottsdale – Buyer Representation $5,600,000 – Paradise Valley – Seller Representation $5,500,000 – Fountain Hills – Seller and Buyer Representation$5,100,000 – Paradise Valley – Seller and Buyer Representation $5,100,000 – Scottsdale – Buyer Representation $5,025,000 – Scottsdale – Seller and Buyer Representation $5,000,000 – Scottsdale – Seller Representation$4,825,750 – Scottsdale – Seller RepresentationIn 2020, the luxury brokerage closed a total of 7,247 transactions state-wide with the average sales price at $734,008

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 with more 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,” said Chairman Jim Lyon. “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.”

For media inquiries, please contactJennifer Parks-Sturgeon at or 480.495.3806.

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