Davidson Realty, Inc.

Positive Real Estate Market Trends Continue

November 2, 2009

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Posted by in Northeast Florida Market Trends

Sherry DavidsonThe positive trends that we have seen in the Northeast Florida real estate market are continuing.
• Pending sales and closed sales for September, 2009 have increased over the previous month and the previous year.
• The inventory of homes in Jacksonville, FL is down from last month and last year.
• Prices of homes in Jacksonville, FL are down slightly from last month but the change is much smaller than we have seen in past months.
• Prices of homes in St. Augustine in the 32092 zip code have increased slightly.  The 32092 zip code includes World Golf Village, Murabella, Sevilla, St. Johns Golf and Country Club, South Hampton and many more. The average sales price in 32092 was $179,860 in the first quarter of 2009, $206,254 in the second quarter, and $217,893 in the third quarter.

There is also good news to report regarding short sales. We are handling many short sales and they are complicated and frustrating; however, the process is improving over what we have experienced in the last couple of years.

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About the Author
Sherry Davidson
President of Davidson Realty

Since launching Davidson Realty in 1989, Sherry Davidson has built the firm to include nearly 60 agents and exceed $100 million in annual sales. She is known throughout the First Coast as an authority on all things residential real estate, having served on the Board of Directors for Northeast Florida Association of Realtors, Florida Realtors® (a division of the National Association of Realtors), and Builders Care (charitable arm of Northeast Florida Builders Association).

Thanks to Sherry’s leadership, Davidson Realty has been recognized as one of the state’s Best Companies to Work For (Florida Trend Magazine), as well as one of the region's Best Places to Work and 50 Fastest Growing Companies (Jacksonville Business Journal). Get to know Davidson Realty’s talented team of agents by clicking here or call us at (904) 940-5000.

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