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

July 31, 2015

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“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

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’s January Real Estate Trends – 4 Factors that Influence our Market

February 27, 2015

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“We learn something from everyone who passes through our lives…
Some lessons are painful, some are painless… but, all are priceless.” – Unknown

The Chief Economist for Florida Realtors, Dr. John Tuccillo spoke at the recent Northeast Florida Real Estate Symposium. I personally consider Dr. Tuccillo to be the absolute best in terms of forecasting our future local real estate market activity. While he doesn’t like to forecast the future, his “opinion” is that for 2015 we will experience a 10% increase in home sales activity coupled with an average price escalation of 4 ½ to 5%. Read more

Here’s to 25 Years of Excellence in Northeast Florida Real Estate!

July 28, 2014

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Posted by in News

Between winning awards and achieving excellent results, we have had many reasons to celebrate lately – and we now have one more. Congrats to Davidson Realty on reaching its 25th anniversary!

Created as part of the Davidson Companies, Davidson Realty was launched in July 1989 by partners Jim and Sherry Davidson and Eduardo Gil to provide a full spectrum of real estate services. Read more

Jacksonville Real Estate Trends for March 2014 – Pending Sales up 11% Over Last Year!

April 25, 2014

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The strength of the team is each individual member. The strength of each member is the team.” ― Phil Jackson

This quote is true in sports and in business. Our team has shown so much strength lately. It is unusual in our industry to find a team that supports each other to make sure the customer is taken care of no matter what.

In reviewing the Northeast Florida Association of Realtors market stats this month, I want to focus on pending sales, closings and inventory. There were 2,333 contracts written in March which is 15% more than last March. The last time we had that many pending sales was for a period of 3 months in 2005 which was at the very peak of the market. The first quarter pending sales are up 11% over the first quarter last year. Read more

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