Jacksonville Real Estate Trends in February – Pending Sales up 26% from Last February

March 30, 2015

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“Accept what is, let go of what was, and have faith in what will be.” – Sonia Ricotti

This is a great quote for everyone in the real estate industry. I have faith in the improving market I see for 2015.

The February market stats from the Northeast Florida Association of Realtors are very encouraging. The most positive trend is pending sales which are up 26% over last February and up 20% year to date. There were 2,341 contracts written in February. The average for the last 12 months was 2,061 while the 12 months prior was 1,849. Read more

Jacksonville Real Estate Trends in May – Short Sales Out, Foreclosures in…How Crazy is That?!

June 20, 2014

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A truly rich man is one whose children run into his arms when his hands are empty” – Unknown

I picked this quote to honor all the great Fathers out there. I hope your Father’s Day was the best ever. The real estate market has improved every month in 2014.The numbers below are from the Northeast Florida Association of Realtors market stats report.

January

February

March

April

May

Pending Sales

1,840

1,909

2,193

2,347

2,467

Closed Sales

1,505

1,649

1,876

1,975

2,044

The median sales price and the average sales price are up 3.4% and 3.6% respectively year to date. Read more

2013 Jacksonville Real Estate Trends in Review – All Signs Point to a Strong 2014!

January 28, 2014

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Only the guy who isn’t rowing has time to rock the boat.”  ~Jean-Paul Sartre

Everyone at the Davidson Companies was rowing together for 2013. We exceeded our goals and are up for the challenge of 2014.

Let’s look at the Northeast Florida Association of Realtors market stats for December and 2013. The pending sales were up 26% over December 2012. There were 22,916 contracts written in the year 2013 which is an increase of 22% over the 18,737 written in 2012. We averaged 1,910 contracts per month compared to 1,561 per month in 2012. Read more

Jacksonville Real Estate Trends for August – Days on the Market Down to 80 Days!

September 26, 2013

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“You don’t become great by trying to be great. You become great by wanting to do something, and then doing it so hard that you become great in the process.”  – Randall Munroe

I am truly hoping my Atlanta Braves play baseball so hard they become great this year. They have had a tremendous season and now the great ones will win it all. I love the post season.

The real estate market continues a slow and steady recovery even though we have seen a rise in mortgage interest rates. Pending and closed sales are up, prices are up, new listings are up, days on market are down, and inventory and months supply of homes for sale are down. Everything is going in the right direction. Read more

Northeast Florida Real Estate Trends for July – Pending Sales at Highest Since 2005!

August 26, 2013

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“If things seem under control, you are just not going fast enough.”  Mario Andretti

Things are moving pretty fast in my world. Speed is important in the real estate market today. Buyers have to be willing to move quickly to get the home they want.

The Northeast Florida Association of Realtors July 2013 market stats report began with this sentence: “It won’t be long before the housing recovery is simply referred to as housing.” That statement has a nice ring to it after spending 6 long years watching every month for small signs of market improvement. Read more

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