Northeast Florida Market Stats | January 2025

February 18, 2025

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“I have learned that success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome while trying to succeed.” – Booker T. Washington

 

The real estate market has experienced significant obstacles over the past few years, from the post-COVID buying frenzy to the recent slowdown in buyer activity. However, every market presents opportunities for both buyers and sellers.

 

The January 2025 Northeast Florida Association of Realtors Market Review suggests we may be transitioning into a buyer’s market. Here are some key insights:

 

  • Median Sales Price: The median sales price across all property types in the six-county area declined to $315,000 from $350,000 in December 2024, a 10% drop.

 

  • Closed Sales: There were 1,628 closed sales, up 0.4% from last January but down 33.0% from December.

 

  • Pending Sales: A total of 1,636 pending sales were recorded, down 30.3% from last January and 8.9% from December.

 

  • Months’ Supply of Inventory: Inventory levels rose to 6.5 months, an increase of 73.6% from last January and 70.5% from December. A balanced market typically falls within a five- to six-month supply.

 

  • Active Inventory: There were 10,644 homes available for sale, up 74.3% from last January and 14.2% from December.

Over the past few years, home prices have risen significantly, but we are now seeing signs of decline as sellers adjust to higher interest rates and reduced buyer demand. While monthly price fluctuations are common, the current trend suggests increased price reductions.

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Welcome to the Team Cindy Nixon

February 11, 2025

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Davidson Realty is thrilled to announce the addition of a new real estate agent – please welcome Cindy Nixon to the Davidson family!

 

Cindy has long had a passion for real estate. In fact, it may just run in her blood. She started her career working in a dermatology practice, focusing on administration management. During her 25-year career, she indulged in her passion by purchasing and managing properties in North Carolina and Florida. This experience gave her extensive knowledge of the customer side of home buying.

 

Cindy’s daughter and son are licensed real estate agents. Her other daughter chose a different career path as a Quality Manager with a government contracting company in Washington, DC. Her son has been a successful top real estate agent serving California, North Carolina and Florida for over 10 years. Inspired by her children, decided to take the leap and become one herself. She is determined to become a top agent herself, bringing the same dedication and passion to her work.

 

“When my husband and I moved to North Florida, I decided it was time to officially pursue my long-time real estate passion,” says Cindy. “My husband and I have personally bought, sold and invested in properties across North Carolina and Florida, giving me a deep understanding of the real estate journey from both a client’s and an agent’s perspective. I’m excited to help people navigate one of the most important decisions of their lives. Whether you are buying a first home, a dream home or anything in between, I’m dedicated to making the process smooth and stress-free.”

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Northeast Florida Market Stats | December 2024

January 28, 2025

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“You are never too old to set another goal or to dream a new dream.” – C.S. Lewis

 

I hope your 2025 goals and dreams all come true.

 

As we look back on December 2024, the real estate market in Northeast Florida continues to demonstrate its resilience and evolving dynamics. According to the latest data from the Northeast Florida Association of Realtors (NEFAR), here are the key highlights from last month’s performance:

 

  • Median Sales Price: The median sales price across all property types in the six counties remained steady at $350,000, marking no change from November but reflecting a slight 2.8% decrease from December 2023.

 

  • Closed Sales: There were 2,349 closed sales which is up 22.2% from 1,922 in November and 17.0% from December 2023.

 

  • Pending Sales: Pending sales dropped to 1,435, down 26.0% from last month and 20.2% from last December. This dip aligns with typical holiday trends, compounded by rising mortgage interest rates during the same period.

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Winter Events

January 27, 2025

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Posted by in News

Feeling the winter blues? Not in St. Augustine! Our charming town is brimming with fun and exciting things to do, no matter the season. We’ve put together a list of our favorite winter events happening around town, offering a little something for everyone—and maybe even a chance to try something new. From cultural celebrations like the Celtic Music and Heritage Festival to concerts featuring iconic bands like The Beach Boys and The Gipsy Kings to uniquely St. Augustine events like The Florida Man Games™, this seaside town has it all. Dive into the season and make it unforgettable!

 

Events & Festivals

Discover Fort Mose Jazz & Blues Festival – February 6-16

The annual Fort Mose Jazz & Blues Series celebrates the rich history and cultural significance of Fort Mose, the first legally recognized free African settlement in what is now the United States. Held at the Fort Mose Historic State Park, this series brings acclaimed jazz and blues artists to this historic site, honoring its legacy through unforgettable performances.

Line Up:

  • Feb. 6: Snarky Puppy
  • Feb. 8: Tower of Power
  • Feb. 14: Dinner Party featuring Terrace Martin, Robert Glasper and Kamasi Washington
  • Feb. 15: Macy Gray
  • Feb. 16: The Dirty Dozen Brass Band with special guest Sierra Green and The Giants

Additional details at www.discoverfortmose.com

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Davidson Realty’s Q4 Top Producers: A Celebration of Excellence

January 17, 2025

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As we closed out another remarkable quarter and year, we’re thrilled to recognize the outstanding achievements of our Davidson Realty team. Their hard work, dedication, and unwavering commitment to excellence continue to set the bar high. We wanted to take a moment to highlight our top performers for Q4 2024—they’ve truly gone above and beyond!

 

Mirtha Barzaga: The Triple Crown Winner

Leading the pack is our incredible Top Producer, Top Lister, and Top Overall Sales agent for Q4, Mirtha Barzaga. Mirtha’s impressive accomplishments include over $7.1 million in closings and over $3.3 million in overall pending sales, of which $2.1 million were her own listings. But Mirtha didn’t stop at helping her clients buy and sell real estate; she also:

  • Hosted a festive Christmas Client Appreciation Event.
  • Coordinated not one but two food and toy drives in the World Golf Village communities of King & Bear and Heritage Landing, spreading holiday cheer to those in need.
  • Volunteered as a contributing sponsor for the 2024 Jim Davidson Clay Day Shoot and served on the Board of Davidson Cares, exemplifying her commitment to giving back.

Thank you, Mirtha, for your unmatched dedication to your clients and the community. You truly embody the spirit of Davidson Realty!

 

The Nemethy Group: Top Producing Team

A big congratulations to The Nemethy Group, led by the dynamic duo Shelley and Tim Nemethy, for being our Top Producing Team for Q4! With over $3.6 million in closings and over $2.6 million in pending sales, their dedication and teamwork continue to deliver outstanding results.

Here’s what one happy client had to say:
“Tim and Shelley Nemethy are absolutely the best! Their guidance, availability, and attention to detail made the process of selling our home and buying a new one seamless and stress-free. We highly recommend The Nemethy Group for your real estate needs!”

Congratulations, Shelley and Tim, on another remarkable quarter! Your tireless work ethic, client-focused approach, and steadfast commitment to excellence make you true leaders in the real estate industry. Keep shining and inspiring us all!

 

 

Sam Davidson: Q4 Top Commercial Agent

Congratulations to our Top Commercial Agent for Q4, Sam Davidson! Sam’s impressive achievements include over $4 million in closed sales and a significant impact on our Northeast Florida community.

  • As a dedicated board member of Davidson Cares, Sam played a key role in raising over $130,000 at the 2024 Jim Davidson Clay Day Shoot, benefiting local charities.
  • Sam also rolled up his sleeves for Ramporama 2024, working alongside Builders Care and Davidson team members to build a ramp for a neighbor in need.

Sam’s commitment to excellence in real estate, coupled with his passion for giving back, truly makes Sam a standout leader. Congratulations, Sam, on a remarkable quarter and for making a meaningful impact in our community!

 

Candy Gil: Top Producer for Jacksonville Beach Team

Shining bright in Jacksonville Beach is Candy Gil, our Top Producer for the Jacksonville Beach Team. Candy closed over $1.1 million in sales for the quarter, proving that her expertise and client care are second to none.  Despite a busy quarter that included planning and celebrating her daughter’s wedding, Candy still made time to give back to our community. She generously volunteered and served as a 2024 Jim Davidson Clay Day sponsor, contributing to the success of the event and helping to raise vital funds for Davidson Cares.

Candy, thank you for your incredible achievements and your constant commitment to both your clients and our community. Congratulations on a fantastic quarter!

 

Clay Martin: Top Buyer Sales

With over $1.3 million in pending sales, Clay Martin has earned the title of Top Buyer Sales Agent for Q4! Clay’s expertise and dedication to his buyers continue to set him apart. But Clay’s contributions go far beyond real estate. In Q4, he:

  • Volunteered at the 2024 Jim Davidson Clay Day Shoot, supporting local charities.
  • Coordinated a food and toy drive in the Murabella community to benefit the Homeless Coalition of St. Johns County, bringing hope and cheer to families in need.
  • Worked alongside his Davidson team members to build a ramp for Ramporama 2024 with Builders Care, making a meaningful difference for a neighbor in need.

Congratulations, Clay, on an incredible quarter filled with professional success and impactful community service!

 

Jennifer Todd: Top Jacksonville Beach Team Sales Agent

Another standout from our Jacksonville Beach team is Jennifer Todd, our Top Sales Agent for the quarter, with over $1.1 million in pending sales. Jennifer’s dedication and enthusiasm continue to make her a favorite among clients.

Beyond her real estate success, Jennifer values spending quality time with her family and gives back to the community through her charitable efforts. She generously sponsored and volunteered at the 2024 Jim Davidson Clay Day contributing to the success of the event, showcasing her commitment to supporting local causes.

Thank you, Jennifer, for your incredible work ethic, your caring spirit, and for making such a positive impact both professionally and in the community!

 

Tiffany Fisher: Top Rental Agent

Last but certainly not least, a big round of applause for Tiffany Fisher, our Top Rental Agent for Q4. Tiffany’s commitment to providing excellent service to her customers has made her a standout in the real estate rental market. In addition to her professional achievements, Tiffany went above and beyond by coordinating a Thanksgiving Donation Drive alongside a fellow Davidson team member. Their efforts supported the Trinity Rescue Mission, providing meals and spreading hope to those in need during the holiday season.

Congratulations, Tiffany, on an outstanding quarter and for making a difference in our community!

 

Cheers to an Incredible Q4 and Beyond

Congratulations to all our Q4 Top Producers! Your achievements are a testament to the talent, hard work, and passion that define Davidson Realty. As we look ahead to 2025, we’re excited to see what this exceptional team will accomplish next. Hoping to make it another year to remember!

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