Jacksonville Real Estate Trends in January – Prices Increase and Inventory of Available Homes Decreases

March 2, 2018


“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.”  John Wooden
The Northeast Florida Association of Realtors market stats for January shows the same trends we have seen for the last few years. There were 2,105 pending sales in January up 1% over last January. We have averaged 2,426 sales per month over the last 12 months.
We had 1,526 closed transactions in January which is an 11.5% decrease from last January. One month of activity doesn’t worry me because we were up around 10% for October, November and December.
The median sales price of $204,060 is up 17% from last January but is lower than November and December median price following the similar trend we see every year. The average sales price is the same story. The $244,795 average sales price is up 12.5% over last January but down from the last few months. Read more

Davidson Realty welcomes agent Lisa Chester

January 31, 2018

We are pleased to announce the addition of Lisa Chester to Davidson Realty! Lisa brings to Davidson years of experience in real estate and interior design office operations.
“Lisa has great experience and a solid understanding of the local market,” said Sherry Davidson, President of Davidson Realty. “We are glad to welcome her to the team.”
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Jacksonville Real Estate Trends in December – Pending Sales, Closed Sales and Prices All Show Increases

January 30, 2018

Posted by in News

“You must do the things you think you cannot do.” Eleanor Roosevelt
Happy New Year! The new year always brings reflection on the previous year, new goals and so much hope.
December made a strong showing in the Northeast Florida Association of Realtors market stats. The pending sales, closed sales and prices all show increases over last December and year over year.
The new listings were up 1% for the month and the year. The available inventory continues to be the biggest story nationally and locally. The homes available for sale dropped 19.4% from 8,763 last December to 7,062 this December. There are 2.9 months supply of homes for sale compared to 3.8 months last December for a 23.7% decrease.
New home construction may help increase the supply of homes. The National Association of Home Builders (NAHB) recently shared some forecast. Read more

Local agent Allyson Loiselle joins sales team at Davidson Realty

December 28, 2017

We are happy to welcome Allyson Loiselle to Davidson’s team of fantastic agents! Allyson is a First Coast native with real estate experience.
“Allyson has spent her life as part of a military family and she has a strong understanding of the challenges in life’s transitions. We are glad to welcome her to Davidson,” said Sherry Davidson, President of Davidson Realty.
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Jacksonville Real Estate Trends in November – New Listings, Pending Sales & Closed Sales Show Positive Trends

December 27, 2017


“It is the set of the sails, not the direction of the wind that determines which way we will go.” Jim Rohn

The Northeast Florida Association of Realtors market stats for November continue to show positive trends increasing over 2016 in all categories. New listings of 2,556 are up 7% over last November and up 1% year to date. Pending sales of 2,242 are up 14% over November 2016 and up 5% year to date. Closed sales of 2,028 are up 0.4% over last November and 1.5% year to date.
Prices continue to rise with the median sales price of $210,350 showing a 10.5% increase year to date over 2016. The average sales price of $254,947 is up 8.6% year to date. Inventory continues to decline with 7,594 homes for sale which is down 20% and a 3.1 months supply of inventory which is down 24.4%. A balanced market is 5 to 6 months of inventory so we continue to be in a seller’s market.

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