April Market Stats: Florida is growing Fast!!

May 31, 2019

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The National Association of Realtors annual meeting in Washington DC just wrapped up and Dr. Lawrence Yun, chief economist at the National Association of Realtors made an interesting prediction of changing future migration patterns of buyers. “Because of significant differences in home prices between metro markets, he says there may be a steady shift in the relocation of people and companies into more affordable regions of the country. Housing affordability has been falling according to NAR’s Housing Affordability Index.” Florida Realtors

 

Another Florida Realtors article discusses the 2018 American Community Survey state-to-state migration flows. Florida had the most domestic in-movers, with 566,476 people moving from another state within the past year. The states with the next highest in-migration flows are Texas with 524,511 and California with 523,131.

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April was a great month for Northeast Florida real estate. Congratulations to our entire team!

May 10, 2019

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Our Top Producer, Top Sales and Top Lister for the month is Suzy Evans. Suzy has been a Realtor with Davidson Realty for over 10 years and puts her experience to work for each customer. She helps customers buy and sell all over the Northeast Florida area.

 

 

The Top Sales Team for the month is Lynn and Allen Whitley. A great husband/wife team that is recognized regularly for their production. They are on top of all the details and take great care of their customers.

 

 

The Top Producing Team for April is Shelley and Tim Nemethy. Another wonderful husband/wife team who love to receive referrals from their happy previous customers. They work all areas of northeast Florida wherever their customer needs them.

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The Market Continues to Show Positive Trends in 2019!!!

April 30, 2019

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The Northeast Florida Association of Realtors market stats for March 2019 shows continuing positive trends in the residential real estate market. There were 2,979 pending sales in March which is up 2% over last March. We are up 5% comparing the 1stquarter to the same period last year.

 

There were 2,459 closings in March which is down 7% from last March. The closings are up 0.4% in the first quarter over the previous year.

 

The median sales price of $229,900 is up 2% over last March and the average sales price of $267,500 is up 0.1%.

 

There were 3,908 new listings in March which is up 1% over last March. There were 9,162 homes available for sale in March which is up 4% from last March. Our months supply of inventory available stayed the same at 3.6 months.

 

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The Spring Selling Season Is Here! Congratulations to our March & 1st Quarter Top Realtors!

April 9, 2019

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Posted by in News

Davidson Realty experienced a little March Madness with sales. We had $17 Million in sales and closings for March to kick off the spring selling season.

 

Mirtha Barzaga is our Top Producer and Top Lister for March. She is also our Top Producer, Lister and Sales agent for the first quarter. Mirtha helped 11 families move in the 1st quarter. Mirtha gives back to our community all year long and is a true professional.

 

 

 

 

 

 

 

 

 

 

 

The Top Sales agent for March is Suzy Evans. Suzy helped 5 families with their real estate needs in March. She uses technology and knowledge of the mortgage industry to stand out in the real estate industry and take great care of her customers.

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Jacksonville Real Estate Trends: The Housing Market Is Blooming For Spring Time

March 25, 2019

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The northeast Florida real estate market seems to be coming out of the winter doldrums and heating up for spring. We have written more contracts in the first two weeks of March in our office than in the entire month of February.

 

In the Northeast Florida Association of Realtors Market Stats for February 2019, pending sales of 2,454 are up 5% over February 2018. There were 1,956 closings which is up 1%.

 

There were 3,351 new listings which is up 4% over last February. The inventory of homes for sale is 8,942 which is up 5% over last February. We continue to have a 3.5 months supply of inventory which is still a little below a balanced market of 5 to 6 months supply.

 

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