Congrats to our Top Realtors for May 2018!

June 7, 2018

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The summer selling season is here! We had a great month in May with over $11 Million in closings and sales for the month with lots of happy home buyers and sellers.

 

Our Top Producer for the month is Michelle Gonzalez with over $ 1 Million in closings. Michelle closed new construction and existing homes for several friends and previous customers.

 

The Top Sales agent for the month is Mirtha Barzaga with $1.9 Million is sales. Mirtha is one of our tops every month.

 

The Top Lister for the month is Gail George with two great listings sold.

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Jacksonville Real Estate Trends in April – Millennials, Boomers & Investors all Competing for Homes

May 29, 2018

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The biggest issue we discuss every month is the homes available for sale in our local market and the nation. The largest shortage continues to be in the lower price homes. Millennials, boomers and investors are all competing for these homes creating a very competitive market.

 

According to the Northeast Florida Association of Realtors market stats for April 2018, the inventory of homes available for sale is down 9.4% from last year to 8,264 homes. The inventory of homes under $150,000 is down 40% from last April and the homes between $150,000 and $200,000 is down 19%.

 

There is 3.4 months supply of inventory available which is down 12.8% from last year. A balanced market is 5 to 6 months of inventory available.

 

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Congrats to our Top Realtors for April 2018!

May 8, 2018

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Hats off to our outstanding team! We had over $11.5 Million is closings and $11 Million in sales for the month of April.

 

Our top producer with the most closings is Mirtha Barzaga with $2 Million in closings for the month. Mirtha was also our top listing agent of the month.

 

Brian Martin was our top sales agent of the month with $1.2 Million in sales.

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Jacksonville Real Estate Trends in March – Home Prices & New Listings Are Up

April 25, 2018

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“One thing I can say about George… he may not be able to keep a job, but he’s not boring.” Barbara Bush

Barbara Bush was a great lady who had a great perspective on life and I will miss her.

The Northeast Florida Association of Realtors market stats for March 2018 continue to show strong buyer demand and the inventory of available homes remains tight with a 3.3 months supply. A balanced market is 5 to 6 months of supply.

This continues to cause the significant rise in prices. The median sales price is $224,118 which is up 15% over last March and 14% year to date. The average sales price of $269,415 is up 11% over last March and 12% year to date.

The builders are trying to meet the demand. The Northeast Florida Builders Association reports 1,519 building permits issued in the four county MSA in January and February 2018 compared to 1,289 for the same period last year reflecting a 17.8% increase.

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Congrats to our Top Realtors for March & the 1st Quarter of 2018!

April 12, 2018

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Congratulations to our top agents for March and the 1stquarter!

Mirtha Barzaga is our top producer, top lister and top sales agent for March. Mirtha had an amazing month with 9 closings in March.

Mirtha also took all three honors for the 1stquarter. Mirtha knows all the new communities and sells a lot of new construction.

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Davidson Realty