Davidson Realty, Inc.

Northeast Florida Market Update | June 2023

July 24, 2023

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Posted by in News, Northeast Florida Market Trends

“Discipline is choosing between what you want now and what you want most.” Abraham Lincoln

 

 

 

The Northeast Florida Association of Realtors market stats continues to present a unique real estate market in 2023. The median sales price of $360,000 is up slightly (1.4%) from May and down 1.6% from last year. The prices bottomed out at $330,705 in January 2023 and have been steadily rising since. Prices are dictated by supply and demand. Our supply is low, and demand continues to be steady.

 

You may have seen the article in the Daily Record by Gregg Cohen with JWB Companies. He listed several factors that indicate real estate in Northeast Florida is not likely to crash.

 

  • Low inventory levels
  • Surging population growth
  • Strong job market
  • High equity levels in existing homes

 

Brian Buffini also talked about high equity levels in his recent Bold Predictions. He said nationally 39% of homes are owned free and clear, 29% have 50% or more equity in their home which leaves 32% of owners with less than 50% equity. These stats don’t look anything like the Great recession.

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Congratulations to all our TOP Producers in June and the 2nd Quarter!

July 19, 2023

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Posted by in News, Top Agents

We are off to a sizzling start to summer closing out the second quarter of 2023 with a strong June finish!   It’s time to recognize our top agents who made it all happen.  We are so proud of all their accomplishments!  Here’s what we asked them this month: For anyone moving here to our beautiful first coast from out of the area or anyone visiting what would you recommend as a “Must See, Must Do” top area or top attraction to visit?

 

 

 

 

Our Top Producer for June and our Jacksonville Beach Team Top Producer and Top Sales Agent for the 2nd Quarter is Jennifer Todd with over 2.3 Million in closings and 2.3 Million in pending sales.

 

 

 

 

Jennifer – There are so many wonderful things to do and see on the First Coast of Florida.  Here are a few “Must See” places and I’m certain they will lead you to discover more fascinating places!

 

Downtown Historic St. Augustine! Stroll the streets to enjoy the history, beautiful architecture, and some of the best restaurants. I strongly recommend the Trolly Tour. You can hop on and off and the tour guides are so knowledgeable.

 

Our beaches are beautiful from Atlantic Beach and south to Anastasia Island. All of the beaches have easy access. The Guana State Park is in between Jacksonville and St. Augustine. Mickler Beach is in Ponte Vedra, Jacksonville Beach is miles long with Huguenot Beach to the north.

 

There are fishing charters throughout the area and you can enjoy the ocean fishing and Intracoastal waters… 

 

Golf, Golf, Golf!!! Depending on the level of golf you play, there is a course for you.

 

Give me a call and we can chat about all the other many options and I’m always happy to recommend a great restaurant!  

 

 

 

 

Our Top Producing Team in both closings and pending sales for June and the Quarter is The Nemethy Group with Shelley and Tim Nemethy.  They had over 6.7 Million in closings and 6.6 Million in overall pending sales in the quarter.

 

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Builder Spotlight: MasterCraft Builder Group

July 11, 2023

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Posted by in New Home Construction, News

When prospective buyers are looking for a house, they’re not just buying four walls and a door. They’re looking for a home they can grow in, supported by a vibrant community. MasterCraft Builder Group specializes in just that – crafting homes and building communities. They are a semi-custom home builder and community developer specializing in the Northeast Florida market.

 

MasterCraft designs and creates thoughtful spaces that are tailored to its residents. They offer builds in three unique communities: Silverleaf, Maderia and Trailmark. These communities are amenity-rich, appealing to diverse crowds and designed with a deep appreciation for nature. Open land, conservation spaces and recreational access are all de rigueur in communities featuring MasterCraft homes.

 

One thing our Realtors and buyers love about MasterCraft homes is their Higher Standards. Their commitment to providing top-notch builds is evident throughout the home-buying process. Their fine craftsmanship shows in quality materials, better building techniques and a promise not to cut corners. It also means that buyers have choices when it comes to building their dream home. Homeowners have the flexibility to personalize design and finishes, giving each home its own unique personality. Unequaled customer service is the peak of MasterCraft’s Higher Standards. Buyers enjoy concierge service from contract to closing.

 

MasterCraft Builder Group knows the local community – not only do their staff live and work in Northeast Florida. They are deeply entrenched in the community, providing financial and logistical support to charitable organizations annually. Davidson Realty and MasterCraft have formed a strong bond through their philanthropic work.

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Northeast Florida Market Update | May 2023

June 22, 2023

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Posted by in News

“The army of Israel looked at Goliath through the eyes of man and said he’s too big to beat.  David looked at him through the eyes of God and said he’s too big to miss.” Wally Carter

 

It is all about our perspective.

 

The Northeast Florida Association of Realtors (NEFAR) market review for May shows the median sales price of $354,800 is up 4.4% over April and down 1.4% from May 2022. The predictions of large price decreases in our area haven’t occurred.

 

The active inventory of 5,804 properties is up 4.7% from April. This number includes many new construction homes that are not completed. The months supply of inventory of 2.1 months is down slightly from 2.2 months in April. A balanced market is 5 to 6 months of available inventory.

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Davidson Estate Services is Here for You

June 15, 2023

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Posted by in News, Northeast Florida Market Trends

Did you know that according to The National Association of Home Builders, Florida accounts for the country’s largest stock of second homes (1.04 million), with 10.8% of all second homes residing in The Sunshine State?

 

For those who don’t call Florida home year-round, taking care of a second home can be quite a hassle. From unforeseen maintenance issues and repairs to routine care, knowing your home away from home is in good hands can help ease peace of mind. Enter Davidson Realty’s all-new Estate Services, offering reliable assistance keeping properties secure and well-cared for even when the homeowner is away.

 

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