NARRAGANSETT, RI – January 18, 2022 – With $1,003,735,150 in total sales volume, Lila Delman Compass proudly announces a record-breaking 2021 for the firm and its valued clients, representing the brokerage’s strongest performance in its 57-year history and a 23% increase in sales volume year-over-year. 2021 also marked Lila Delman’s 13th consecutive year as the statewide leader of sales over $1,000,000, having closed $629,625,106 in $1M+ sales alone, more than any other brokerage. The firm also participated in 10 of Rhode Island’s top 20 sales.*
Lila Delman joined Compass, the country’s top independent real estate brokerage, in early 2021. With a network of over 21,000 of the nation’s top real estate agents and an end-to-end real estate platform, this groundbreaking partnership has provided added benefits for the firm’s clients, agents, and employees.
Lori Joyal, Broker Associate and Sales Manager of Lila Delman’s Watch Hill Office, shattered Statewide records, having individually closed $121,163,111 in sales volume in 2021 and ranking as the top individual agent in the State for the second year in a row. Lori was also recognized as the top agent in Washington County, where she led $80,000,000 over the next closet agent according to data maintained by the Rhode Island Statewide MLS.*
Bob Bailey, Office Manager of Lila Delman Compass’ Jamestown Office, ranked as the top agent in Jamestown, with $47,888,450 in 2021 sales volume while Rosemary Tobin, Block Island Office Manager, ranked as the top agent on the Island with $30,018,000 in 2021 sales volume. Other market leaders include Eric Kirton who ranked as the number one agent in Middletown, Stella Fitzsimmons who was the number one individual agent in Narragansett, and the Maine-Farrell team who ranked as the number one sales team in all of Washington County.
Looking to the market as a whole, Lila Delman Compass maintained the highest market share of closed sales in Washington County, leading by over $23,000,000.* On a municipality level, Lila Delman Compass ranked as the top firm in Charlestown, Narragansett, Westerly and on Block Island. Additionally, associates from Lila Delman Compass participated in the highest single-family home sales in Burrillville, Block Island, Charlestown, Cranston, Little Compton, Middletown, and Shelter Harbor.
Market activity across all of Rhode Island was staggering, there was an incredible 41.8% increase in total sold dollar volume and a 16.5% increase in average sales price year-over-year.* Lila Delman Compass looks forward to continued momentum in 2022. The firm attributes much of 2021’s success to its long history of market leadership in the State and our top performing agents combined with Compass’ best-in-class technology platform, exclusive client programs, and an unmatched network of top agents in key markets. The firm extends its most sincere gratitude to its value clients, community, and Sales Associate who made 2021 a banner year for the brokerage.
*2021 sales volume metrics include MLS & non-MLS transactions in RI, CT & MA across all categories. All other representations are based on information from the RI MLS for the period of January 1, 2009 – December 31, 2021. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.