Davidson Realty, Inc.

Northeast Florida Market Stats | January 2025

February 18, 2025

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Posted by in News, Northeast Florida Market Trends

“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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Posted by in Agent Feature

 

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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