Davidson Realty, Inc.

Jacksonville’s Real Estate Trends in July – Pending Sales Higher Than 2005’s Market Peak!

August 25, 2015

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Posted by in Northeast Florida Market Trends

The only fool bigger than the person who knows it all is the person who argues with him. – Stanislaw Jerszy Lec

I don’t want to be the person who knows it all, but I would like to share with you my insights into the real estate market based on the July statistics produced by the Northeast Florida Association of Realtors.

The local real estate market is going strong. Pending sales for the last 5 months have been higher than they were during the peak market of 2005. There were 2,661 pending sales in July which is 24% higher than the previous July. Pending sales are 20% higher year to date than the previous year to date. Read more

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Jacksonville FL Real Estate Stats – Pending Sales up 32% from June 2014

July 31, 2015

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Posted by in News, Northeast Florida Market Trends

“Isn’t it funny how day by day nothing changes, but when you look back everything is different…” C. S. Lewis

I am seeing solid steady improvement in the real estate market. I much prefer steady improvement over the roller coaster ride we have been on for many years.

The June 2015 Northeast Florida Association of Realtors (NEFAR) market stats show steady improvement in pricing, closings and pending sales. The average sales price in June is $224,387 which is an increase of 6% over the June 2014 price of $210,846. The year to date increases were 4% in 2014 and 6% in 2015. The median sales price is $183,590 and show similar year to date increases of 4% in 2014 and 8% in 2015. Read more

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May Real Estate Trends in Jacksonville – Job Growth is Fueling Demand for Homes!

June 23, 2015

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Posted by in News, Northeast Florida Market Trends

We need 4 hugs a day for survival. We need 8 hugs a day for maintenance. We need 12 hugs a day for growth. – Virginia Satir

Thanks to you that have given and received hugs, we survived, maintained and are now growing. I am pleased to announce that Davidson Realty and Davidson Property Management are in the process of locating a new office near the Jacksonville Beach area to serve our customers at the beach and in the San Pablo, Hodges and Kernan areas.

We have always been and will continue to be selective in the agents that represent our company. Your friendship and support has contributed to our growth in the past and we would welcome and appreciate any referrals of agents for our new office. We have a new commission structure designed for experienced agents that we think they will find very appealing. Read more

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Jacksonville Real Estate Trends in April 2015 – Pending Sales, Closings & Prices all up!

May 27, 2015

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Posted by in News, Northeast Florida Market Trends

“Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” ~ Winston Churchill

It takes real courage to work in the real estate industry these days. Even though things are very positive at the moment, the last 8 years have had many false starts and there have been lots of ups and downs. Most of the people I know in our industry continue to be cautious.

The April 2015 Northeast Florida Association of Realtors market stats show a strong spring market. Pending sales, closings and prices are up and the homes available for sale are down. The trends could not be much better. Read more

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Jacksonville Real Estate Trends for March – Pending Sales Higher This Month Than March 2005!

April 29, 2015

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Posted by in News, Northeast Florida Market Trends

“People ask me what I do in winter when there’s no baseball. I’ll tell you what I do. I stare out the window and wait for spring.” – Rogers Hornsby

Spring is here and the Northeast Florida Association of Realtors market stats look strong. The most impressive trend I see is pending sales. There were 2,752 contracts written in north Florida in March 2015. This is 30% more than last March when 2,121 contracts were written. The pending sales are up 22% year to date over the previous year (7,038 compared to 5,766). The most staggering fact is that during the peak of the market in 2005, pending sales reached almost 2,500 for two months and we have approximately 250 more pending sales this March. Read more

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