Davidson Realty, Inc.

Northeast Florida Market Update | February 2023

March 30, 2023

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Posted by in News, Northeast Florida Market Trends

“Progress always involves risk. You can’t steal second base and
keep your foot on first.” – Frederick B. Wilcox

My favorite time of the year is coming, and I am so looking forward to the first baseball game of the season.

 

This is also the best time of year for real estate in the Northeast Florida area. Even with higher interest rates, the buyers have been busy. Closed sales are up in February, pending sales are up and prices are stable.

 

The median sales price for all property types in all 6 counties is $330,000 the same as January. The National Association of Realtors predicts median existing-home prices will be stable compared to the previous year for most markets with the national median home price decreasing by 1.6% in 2023 before regaining positive traction of 3.1% in 2024.

 

There were 1,954 closed sales in February which is up 24.1% from 1,574 closed sales in January. The 2,431 pending sales was up 7.7% from 2,257 in January. Nationally pending home sales improved in January for the second consecutive month.

 

The active inventory of 6,149 homes is up 2.1% from January giving buyers a better selection. However, due to increased sales the months supply of inventory dropped from 3.8 months in January to 3.1 months in February. Five to six months of supply is a balanced market.

 

We saw the frenzied housing market that lasted over a year and then fear set in for buyers and sellers with the drastic home mortgage interest rate increases and national media constantly talking about prices dropping.

 

The spring buying season is looking very promising with sellers now willing to list their homes helping to increase the market inventory. With the more stabilized market, buyers are taking a little more time to make purchase commitments making sure their home includes the features they desire.

 

If you are looking to buy a home or an investment property or sell your home, please give us a call. We would love to share our market knowledge with you.

 

Sincerely,

Sharon P. Davidson
President

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Davidson Realty Welcomes New Agents Jessie Forga and Jane Dulisse to Team of Experts

March 28, 2023

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Posted by in Agent Feature, News, Staff

Davidson Realty is proud to welcome new faces to its team of real estate experts. “At Davidson Realty, we are passionate about serving people above everything else. Our commitment to serving both in real estate and the community sets us apart,” shares Davidson Realty President, Sherry Davidson. Davidson Realty is delighted to introduce two new members to the family!

 

 

Jessie Forga

Minnesota native, Jessie Forga has resided in St. Augustine, Florida since 2018. With a passion for serving the area, Jessie is ready to help with your home buying and selling needs. As a proud member of Davidson Realty, Jessie carries the values of hard work, integrity, and outstanding client service into everything she does.

 

When Jessie isn’t making homeownership dreams come true for her clients, she enjoys spending time watching her two children play sports or exploring the area with her family. Her daughter, Ainsley, plays softball and does weightlifting while her son, Lachlan, plays on his school baseball team and on a travel team.

 

Jane Dulisse

Jane Dulisse was born in Burlington, Wisconsin, and grew up on an agricultural farm surrounded by dairies and vast amounts of open land. This was instrumental in developing her strong and determined work ethic that she touts to this day.

 

Upon graduating, a move to California was imminent, as she wanted to be a part of big city life and the new up-and-coming boom of business that was happening there.

 

Jane started her career in the mid-1980s selling and listing residential properties in the San Jose, California area. Starting her business on the west coast opened her eyes to a whole new knowledge of real estate in the fast-paced life in California.

 

Several years went by, business was exceptional, and homesickness set in. You can’t take the country out of the country girl, sooo..

 

After moving back to Wisconsin, she acquired her new real estate license. Over the next twenty years, Jane expanded her real estate knowledge to include commercial, business, and vacant land transactions, in addition to the residential market.

 

As time marched on, another move brought Jane to St. Augustine, Florida. Loving real estate she could not resist acquiring her Florida Sales Associate License.

 

Jane is very committed to community involvement in her area. At the World of Golf Cascades community center, she is part of the events committee, beautification club, and assists in the pottery and ceramics studio.

 

Currently, Jane and her husband live in World of Golf Villages and love the idea that they will never shovel snow from their driveway or sidewalk again. They also love knowing that they can golf, go to the beach, and enjoy outdoor activities year-round without wearing a parka. Florida is truly a great place to live, work, and play.

 

Jane enjoys working with clients to help them find the perfect home, business, commercial building, or parcel of land to build the dream house they’ve always wanted.

 

Davidson Realty has the perfect tools needed for her to list, market, and sell your property with as little disruption to your life as possible. Jane looks forward to meeting and working with you. Your satisfaction is our main concern and what we strive for.

 

If you are interested in a career in real estate with Davidson Realty, call us today at (904) 940-5000.

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Congratulations to all our Top Producers for February 2023!

March 27, 2023

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Posted by in Top Agents

February 2023 continues to be active in the northeast Florida real estate world especially here at Davidson Realty.  Our team continues to be at the forefront helping our customers buy and sell all types of property.  We want to congratulate our TOP Producers for a successful February!  As we spring forward into March, we thought we would ask our top performers for their favorite top spring break “staycation” spots in our area.  Please read on for their “go to” recommendations!

 

 

 

Our Top Producer and Top Lister for February is Bonnie Weinstein with over $1.1 Million in closings.

 

 

 

 

Bonnie – My husband and I believe in staycations! Whenever we find time to take a long weekend, we book an oceanfront room on St. Augustine beach. We come home feeling relaxed and refreshed. However, staycations are not the only way we enjoy the beautiful Old City. Dinner outings in downtown St. Augustine are a classic. My favorite spots to grab a bite are Casa Reina, when I am in the mood for the best tacos in town, and The Raintree, when I am looking for a moonlit date night. Whatever I am doing, I am always happy to be doing it in St Augustine!!

 

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TOP Davidson Realty New Build Transactions of 2022

March 23, 2023

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Posted by in Featured Listings, New Home Construction, News

Davidson Realty Agents prepared for thousands of new home buyers moving to the greater North Florida area in 2022. Through builder liaising, community tours, and interactive selling tools, Davidson Realty enhanced our local market expertise, especially with new home builds. St. Johns and Duval Counties are experiencing a big boost in new construction with the demand for affordable housing. We are pleased to share our top 5 new build transactions from 2022.

 

 

475 Back Creek Drive, Saint Augustine, FL 32092

In the heart of Trailmark, you’ll find this beautiful one-of-a-kind Mastercraft home backing up to Sixmile Creek. Shelley & Tim Nemethy were able to sell this home for $762,000.00, making this home the highest seller of 2022.

 

142 Red Twig Way, Saint Augustine, FL 32092

Located near the World Golf Village area in the tucked-away neighborhood of Trailmark, you’ll find this charming Drees home. This home blends in with nature and has exceptional amenities, giving buyers the best of both worlds. Mirtha Barzaga sold this house for $690,680!

 

188 Shinnecock Drive, Saint Johns, FL 32259

Located in the ever-growing RiverTown Community, you’ll find this 5-bedroom, 4-bath home. With access to some of the best schools in St. Johns County, it is the perfect place to raise a family. Terri Apocada sold this home for $646,182.

 

76 Ladyslipper Drive, Saint Johns, FL 32259

Sold on the first day of June, this beautiful Mattamy build is located in a quiet, secluded area of Rivertown-Watersong. WaterSong is an exclusive neighborhood for Active Adults 55+ that is located within RiverTown. Giving its homeowners a modern, resort-style life in an unspoiled natural setting. Mirtha Barzaga assisted her clients with the purchase of this beautiful home for $600,599.

 

11134 Engineering Way, Jacksonville, FL 32256

This one-of-a-kind, Providence build located in ETown captivated buyers with its luxury features and family-friendly environment. This home is conveniently located between the St. Johns Town Center and Flagler Center on 9B (1-295), just minutes away from everything Jacksonville has to offer. With the help of Caitlyn Hawkins, this beautiful home sold for $590,000.

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TOP DAVIDSON REALTY SALES OF 2022

March 8, 2023

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Posted by in Featured Listings, News

For more than thirty years, Davidson Realty has established a reputation as one of the most respected real estate brokerages in Northeast Florida. We attribute much of this success to our culture of putting people above everything. In 2022, Davidson Realty served thousands of clients across Northeast Florida with more than forty agents. “The Davidson Realty team is strong and mighty! There isn’t a corner of the First Coast that our agents haven’t served and we are proud to have the trust and confidence of the Northeast Florida community,” shares Davison Realty President, Sherry Davidson. We are proud to share some of our top sales for 2022. 

 

10 10th Street Unit #7, Atlantic Beach, Florida 32233

This one-of-a-kind, ground-floor oceanfront Cloister condo captivated potential buyers with its newly renovated interior and ideal location in Atlantic Beach. With the help of Caitlyn Hawkins, this beautiful home sold for more than $1,270,000 cash in just fourteen days! 

 

121 Newport Lane, Ponte Vedra Beach, Florida 32082

Located in the exclusive Harbour Island enclave in Marsh Landing, you’ll find this charming Mediterranean, Kevin Gray custom home.  Suzy Evans and Sam Davidson got their clients an all-cash offer of $2,332,500! 

 

152 Corbata Lane, Saint Augustine, Florida 32095

Located on a quiet cul-de-sac behind the gates of the golf community of Palencia, this luxury custom home is complete with a stunning outdoor kitchen overlooking a private backyard. Suzy Evans helped her clients sell this home for more than $1,250,000. 

 

2460 Den Street, Saint Augustine, Florida 32092

Listed by Shelley and Tim Nemethy, this luxurious custom home in the King and Bear community sold for $1,299,000 in June. This spacious home had captivating features including a gourmet kitchen and an enormous screened lanai overlooking the green on the 2nd hole. 

 

6148 Racetrack Road, St. Johns, Florida 32259

This commercial land sale was listed and sold by Sam Davidson for $1,400,000 in just thirty-two days. The property’s location was just one of the many things that made this plot so attractive. It’s located directly across from the new Bartram Pointe retail center at the entrance to Bartram Springs, adjacent to Gate’s Durbin Park PUD, and only a half mile from Gatlin Developments’ new $250 million dollar mixed-use project. 

 

2022 proved to be another successful year for Davidson Realty. If you are interested in buying or selling a home in Northeast Florida, call the experts at Davidson Realty today at (904) 940-5000.

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