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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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 2024 Gift Guide

December 13, 2024

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Posted by in News

Shop local for all your favorite people

The holiday season is upon us! And we here at Davidson Realty know that supporting our community is what helps us thrive as a community. You can make shopping even more special by supporting local businesses and artists, and it isn’t hard to do in Northeast Florida. Here in Jacksonville and St. Augustine, we have so many wonderful places to shop for everyone on your list — places that offer unique experiences, one-of-a-kind products and handmade items. With this gift guide, we make it easy to shop thoughtfully and to make a difference to our beloved small businesses.

 

For the host, hostess or person who has everything: Avondale Gift Boutique

A treasured gift shop open for over 40 years, Avondale Gift Boutique is an independent and family-owned establishment that specializes in unique gifts. Whether you’re buying for the friend who is always entertaining, for the family who loves games and puzzles or for the pet lover in your life, Avondale Gift Boutique truly has it all. Stationary and cards, housekeeping and kitchen products, beauty and wellness, candles, linens, jewelry and eyewear — and with free gift wrapping — you can cross off anyone and everyone on your list. Open Monday through Friday 10AM to 5PM and Saturday 10AM to 4PM. Shop at 3650 St. Johns Ave., Jacksonville, FL 32205 and shop online at www.agbjax.com.

 

For the kiddos in your life: Heyday!

This super cute and fun-filled toy store offers something for every kiddo — whether it’s arts & crafts they’re into, creative and inspiring science and STEM, vehicles and trains, cozy plush stuffies, books, clothes and more. They have gifts for all ages, from newborns to teens. Heyday! has the best stocking stuffers too, like putty and slime, Playtab toys that develop fine motor skills, the most award-winning scooter around, the Micro Kickboard and many toys made in the USA. Open Monday through Friday 10AM to 6PM, Saturday 9:30AM to 6PM, and Sunday 11AM to 4PM. Shop at 2016 San Marco Blvd., Jacksonville, Florida 32207 and order online for store pick up at heyday-toys.myshopify.com.

 

For the fitness buff or adventurer: Rock Climbing

Rocking climbing can be a fun thrill that boosts self-confidence and reduces stress. For the loved one in Jax, head to The Edge Rock Gym for gift cards redeemable for passes and memberships, rental equipment, classes and programs or retail purchases. Their gift cards are basically treated like cash! Day Passes are $19, and a one-month membership is $76. For those in the oldest city, head to Stone Climbing. A day pass is $22 and monthly memberships start at $87. Both gyms offer classes for yoga and climbing and have youth programs. Give the gift of climbing for an experience they’re guaranteed to enjoy.

 

For the beach bum, brewer or concert goer: ICEMULE Coolers

Known for quality, durability and portability, ICEMULE coolers are created to be carried on any adventure — and they’re based in St. Augustine! This hands-free cooler has a lifetime warranty and will quickly become the one you take anywhere and everywhere. With multiple sizes, in great colors and shapes, your food and drinks will stay chilled all day long. Shop online at icemulecoolers.com or find a local retailer at icemulecoolers.com/pages/where-to-buy.

 

For the home barkeep: St. Augustine Distillery

St. Augustine Distillery is a favorite for tourists and locals alike, making award-winning bourbon, rum, gin and vodka. Founded by local families and located in a historic ice plant in downtown St. Augustine, they offer free tastings and tours 7 days a week. Take a tour, have a tasting and do some holiday shopping at the bottle shop. They sell not only their delicious spirits but specialty mixers to create the perfect cocktail at home, like an Old Fashioned, Florida Mule or Bloody Mary — each made with real, quality ingredients. They have candles, apparel, pickles, BBQ sauce, and of course, the coolest barware. Stock the bar with copper mugs, tiki mugs, stainless steel double jiggers, Collins and rocks glasses, swivel spoons and so much more. Open every day from 10AM to 6PM. Shop at 112 Riberia St., St. Augustine, Florida 32084 or online at store.staugustinedistillery.com.

 

For the home chef, master griller or tea lover: The Spice & Tea Exchange

With three locations in Jacksonville and St. Augustine, Spice & Tea has a plethora of spices and spice blends to amp up any dish. They even offer infused salts, specialty honeys and sweeteners and teas of all varieties. Gift boxes are available, with handpicked favorite gifts, that offer the best of the best. Shop online at www.spiceandtea.com or find your closest location at www.spiceandtea.com/pages/find-store.

 

Merry Christmas and Happy Holidays from Davidson Realty (and happy shopping)!

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The Most Wonderful Time of the Year is Here: Nights of Lights!

November 8, 2024

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Posted by in News

 

For over 30 years, St. Augustine has kicked off the holiday season with a dazzling festival of lights: Nights of Lights. Every year, the historic town strings millions of tiny sparkling white lights on lamp posts, building tops, around towering oak trees and over the Bridge of Lions. Lights will adorn the city throughout approximately 20 blocks, turning the already picturesque town into a magical wonderland. The tradition started in 1993, and is loosely inspired by a Spanish Christmas tradition of placing white candles on window sills. The idea in St. Augustine was set into motion in the early 1990s by then Mayor Len Weeks and former City Councilman William Lennon. The two sought a way to lighten up the dark months of the year, as a way for locals and tourists alike to enjoy the city and to promote local businesses during the holidays. With a grant from the City of St. Augustine and contributions from locals, Nights of Lights began as a partnership – and it continues strong today, with joint funding from the City and St. Johns Tourist Development Council. Angels in the Architecture have put up and maintained all 3 million lights for the past 26 years, and, of course, residents and businesses join in on decorating the town as well.

 

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Why It’s Important To Price Your Home To Sell

September 9, 2024

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Posted by in News

Selling your home can be daunting. With so many items to check off the list, pricing your home is one of the most intimidating to-dos. Too high, and it might sit there for ages; too low, and you’ll miss out on that hard-earned cash. We spoke to Shelley and Tim Nemethy of The Nemethy Group at Davidson Realty, Inc. about the importance of pricing a home to sell and why a professional realtor should be on your team.

 

“Pricing your home correctly and according to what the market dictates will bring the greatest success in selling your home,” says Shelley. “Hiring an experienced and knowledgeable Realtor is important when it comes to pricing and marketing your home properly. One myth some sellers believe is their home should be listed at a certain price because their neighbor’s home sold at that price. This approach doesn’t take anything else about the home into consideration. So much more goes into pricing a home correctly, such as square footage, current updates, location, age, lot size, pool and much more. If your neighborhood is on a lake, ocean or preserve, each home will have a unique view and access.”

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