Davidson Realty, Inc.

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

January 28, 2014

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Posted by in News, Northeast Florida Market Trends

“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

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November Real Estate Trends – 2014 Predictions Show Continued Housing Recovery

December 26, 2013

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Posted by in Northeast Florida Market Trends

Having a place to go – is a home. Having someone to love – is a family. Having both – is a blessing. ~Donna Hedges

This is the time of year when our thoughts turn to home and family. My parents will celebrate their 64th wedding anniversary later this month. I have been very blessed.

The Northeast Florida Association of Realtors market stats for November continue the positive trends we have seen all year. The pending sales were up 15% over last November and 23% year to date.

Closed sales were down 2% from last November but up 23% year to date. The closings were down compared to the same month last year because lender-mediated closings are down 15%, while traditional closings are up 7%. Lender-mediated closings accounted for 36.4% of total closings compared to 41.8% November 2012. Read more

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Jacksonville’s Real Estate Trends Show Continuing Decrease in Distressed Properties

November 22, 2013

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Posted by in News, Northeast Florida Market Trends

This month I analyzied the Northeast Florida Association of Realtors‘ real estate trends for October 2013.

There were 29% more contracts written (pending sales) in October than the previous year. We are up 26% year to date in the Northeast Florida market area.

Closings were 7% less in October compared to the previous year; however, we have 23% more closings year to date than last year. It is interesting to look a little deeper because the lender-mediated closings dropped 25% from 706 last October to 533 this year. Traditional closings were up 8% from 891 closings last October to 959 this year. Lender-mediated closings were only 36% of total closings in October compared to 44% last October. It is very encouraging to see less distressed properties and more normal closings. The median sales price of $158,865 is up 16% over last October and prices are up 16% year to date. Read more

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

August 26, 2013

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Posted by in Northeast Florida Market Trends

“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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Jacksonville FL Real Estate Trends in June – Sales, Closings and Prices Continue to Rise!

July 29, 2013

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Posted by in News, Northeast Florida Market Trends

“If you can’t fly, then run,

if you can’t run, then walk,

if you can’t walk, then crawl,

but whatever you do,

you have to keep moving forward.”

–Martin Luther King Jr.

The Northeast Florida Association of Realtors market stats shows the real estate market is no longer crawling, we are now walking. Read more

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