2012 a record year for Howard HannaPublished Jan 25, 2013 at 2:45 pm (Updated Jan 25, 2013 at 2:45 pm)
Helen Hanna Casey
Howard Hanna Real Estate Services had record sales in 2012. One of the four largest real estate companies in the country, Howard Hanna closed 41,348 transactions in 2012 – more than 7,062 than in 2011. And, closed sales volume hit $7 billion for the first time ever – $7,085,343,298, a 20% increase from the previous year.
“2012 was just a remarkable year at Howard Hanna. We had a huge, huge increase over last year, thanks to the tremendous efforts of so many people in the company,” said President Helen Hanna Casey. “We outperformed a rising tide market in all segments of our company. The pent-up demand of the ‘move-up buyer’ fueled a large part of our business and will continue to be strong this year as homebuyer confidence continues to rise. The resurgence of bidding battles and full-price offers created a sense of urgency in many price categories, while the average price of a home sold in our region increased by six percent.”
In Pittsburgh and Southwestern Pennsylvania, Howard Hanna’s record breaking year included $2.3 billion in closed sales volume and 11,587 closed sales transactions. Howard Hanna outperformed the market with a 23 percent increase in volume and an 18 percent increase in units as year-end figures from the West Penn Multi-List reported closed sales volume up 17 percent and units up 11 percent.