Davidson Realty, Inc.

March 2020 Northeast Florida Market Stats: How is COVID-19 Impacting our Market.

April 23, 2020

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Posted by in News

I want to share the latest market stats from the Northeast Florida Association of Realtors and the thoughts of other Realtors and Builders on how the COVID-19 Pandemic is impacting our market.

 

The March 2020 market stats are surprisingly still positive because so many of the listings and sales were already in the works when we began seeing impacts from the virus in mid-March. There were 3,976 new listings compared to 3,963 last March for a 0.3% increase.

 

There were 2,832 pending sales down 5.9% from 3,010 last March as we began to see less buyers out in the last half of the month. There were 2,672 closed sales which is an increase of 2.1% over 2,617 last March. It seems most people under contract were able to close in March. We only lost a couple of transactions that were to close at the end of March.

 

We haven’t seen any impact on prices from the Pandemic yet. The median sales price of $243,635 was up 5.9% over last March and the average sales price of $287,210 was up 6.7%.

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Getting to Know Silverleaf: St. Johns Newest Community Part 3

April 22, 2020

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Posted by in Ask Sherry, Featured Neighborhood, Neighborhoods, News, Northeast Florida Market Trends

I got to tour the Riverside Homes new model home under construction in Silverleaf Village. It is shaping up to be an awesome community.

 

 

Chris Wood explained that Riverside has 53 and 63 foot wide homesites with over 14 plan options. They have homes ranging from 1,800 to over 3,700 square feet. They have a wonderful selection of plans so you can find the perfect fit for your family. Home prices will start in the $300s.

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Congratulations to the Top Producing Agents for March & the 1st Quarter of 2020.

April 9, 2020

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Posted by in Agent Feature, News, Top Agents

I would like to congratulate our team for a great month of March and a great quarter. Our Top agents deserve special recognition.

 

Suzy Evans is our Top Producer for March with $2.3 Million in closings for the month. Suzy uses technology and her negotiation skills to set herself apart. She works tirelessly to help her customers achieve their goals.

 

 

Lynn Whitley is our Top Sales agent for March. Lynn has been in real estate for over 20 years and is always learning more. She is a Broker Associate and has many designations. Lynn’s customers appreciate the time she spends with them making them very comfortable with the sales process.

 

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The Northeast Florida February 2020 Market Stats Show the Same Positive Trends.

March 25, 2020

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Posted by in Ask Sherry, News, Northeast Florida Market Trends

 

As I write this letter, there is a lot of uncertainty and concern over the Coronavirus. I do not pretend to know the impact we will see on the real estate market or the economy, but I know God is in control and I will take one day at a time.

 

I can tell you the Northeast Florida Association of Realtors market stats report for February 2020 shows the same trends I have been repeating every month. Pending sales, closed sales, median and average sales prices are up and inventory of homes available is down. These are all very positive trends.

 

From the NEFAR report, “The recently released January ShowingTime Showing Index saw a 20.2 percent year-over-year increase in showing traffic nationwide. All regions of the country were up double digits from the year before. As showing activity is a leading indicator for future home sales, the 2020 housing market is off to a strong start, though it will be important to watch the spread of COVID-19 and its potential impacts to the overall economy in the coming months.”

 

There were 2,743 contracts written and pending sales were up 10.3% month-over-month and year-to-date. There were 2,201 closings which is up 4.1% for the month and 6.7% for the year.

 

The median sales price is $239,700 which is up 6.6% over last February and the average sales price is $287,068 which is up 12.2% for the same period.

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Congratulations to the top producing agents at Davidson Realty for February 2020.

March 6, 2020

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Posted by in News, Top Agents

I would like to recognize our entire team for a great February with over $9 Million in closings.

 

The Top Producing, Top Sales and Top Listing agent for the month is Mirtha Barzaga. Mirtha helped 6 families make a move this month for a total volume over $2.5 Million. Mirtha supports Nease High School ROTC and band programs in addition to many other local causes.

 

 

 

The Top Producing Team for February is Dana Usrey and Deborah Shadowen, a great mother-daughter team. Dana and Deborah are very active in the local schools and involved in Davidson Realty’s “Deck the Chairs” entry every year.

 

 

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