CONGRATULATIONS TO OUR TOP PRODUCERS FOR SEPTEMBER AND THIRD QUARTER

October 15, 2020

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Davidson Realty ended the third quarter with another successful month of real estate transactions. Agents from Davidson Realty’s St. Augustine and Beaches offices finished the month with 31 closings totaling more than $9.7 million and 35 contracts totaling more than $9.6 million in sales. Congratulations to Davidson Realty’s Top Producers for their hard work in September and the third quarter. 

 

 

The Top Producer and Top Lister for the month of September was Mirtha Barzaga with more than $1.8 million in closings. Mirtha was also Davidson Realty’s Top Sales and Top Listing Agent for the third quarter with more than $2.5 million in listings sold and $1.7 million in buyer sales. Mirtha dedicates her time to Davidson Realty’s mentoring program to help other agents achieve success in real estate. 

 

 

Davidson Realty’s Top Sales Agent for the month of September was Suzy Evans with more than $1.8 million in sales. With more than $4.9 million in closings, Suzy was Davidson Realty’s Top Producing Agent for the third quarter. Suzy has been named one of the Top 50 Best Real Estate Agents in Northeast Florida by the Jacksonville Business Journal. 

 

 

The Nemethy Group was Davidson Realty’s Top Producing and Top Sales Team for September and the third quarter. In September, The Nemethy Group had more than $2.6 million in closings and more than $2 million in sales to round out the third quarter with more than $8.5 million in closings and $6.2 million in sales. Tim and Shelley Nemethy are ready to help guide you through the home buying and selling process to ensure a stress-free experience. 

 

 

Candy Gil was Davidson Realty’s Top Producing and Top Sales Agent for our Jacksonville Beach office last month with more than $850,000 in closings. Candy was also Jacksonville Beach Top Sales Agent for the quarter with more than $1.5 million in sales. Candy continually proves to be one of Davidson’s most valuable agents. In addition, thanks to her background as an interpreter and teacher, Candy is a superb choice for Spanish and English-speaking clients alike.

 

 

Caitlyn Hawkins was Davidson Realty’s Jacksonville Beach office third quarter Top Producer. Caitlyn had more than $1.8 million in closings and strives to help her clients sell their homes quickly. Caitlyn and her husband are having the time of their lives raising their young family here in North Florida, and love taking advantage of everything the First Coast has to offer. 

 

 

Congratulations to the entire Davidson Realty team and especially to these Top Producers! If you are interested in buying or selling a home in Northeast Florida, call one of our real estate experts today!

Real Estate Market Update

October 14, 2020

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“A hero is an ordinary individual who finds the strength to persevere and endure in spite of overwhelming obstacles.”

Christopher Reeve

 

2020 has certainly presented some overwhelming obstacles and I have seen many heroes step up to help others. Many generous people are supporting our Davidson Cares Clay Day on October 29th and the charities are so grateful. You can still register to shoot or buy raffle tickets at DavidsonCares.com.

 

The Northeast Florida Association of Realtors market stats for September show continued strong demand for homes in Northeast Florida. There were 3,307 pending sales in September 2020 which is 36% more than the 2,436 in September 2019. We are up 9% year-to-date over the same period last year.

 

The inventory of homes for sale of 5,869 is down 39% from last September. This is the lowest level of inventory we have seen in this market. During the 2003 to 2005 timeframe when inventory was very low, there were still around 7,000 homes on the market.

 

The month’s supply of inventory is at 2.0 months. A balanced market is 5 to 6 months of inventory.

 

The median sales price is up 8% and the average sales price is up 10% year-to-date due to the increased demand and low supply.

 

Dr. Brad O’Coonor, the Florida Realtors Chief Economist provided some insight at the recent Florida Realtors convention. “The pace of residential building is still behind last cycle’s highs, and while building has continued through the pandemic as construction was deemed an essential occupation, costs of materials and labor have increased. Safety protocols for workers, some disruption in supply chains, and increased demand for materials all have translated into cost increases. Coupled with some uncertainty in lending, relief on the supply side is not coming from new construction.  For existing homes, the tap is dwindling to a dribble as current homeowners are living in their homes for an average of 10 years compared to only seven during the early 2000s. Uncertainty in the economy is also prompting people who can to stay put. That said, demand continues to be strong, as those who were sitting on the sidelines are feeling the pull to jump into a home for the first time or finally trade up, fueled in large part by record-low interest rates and the desire to upgrade to more “pandemic friendly” homes and locations. This all leads to an imbalanced market with demand outstripping supply, particularly in the single-family home category.”

 

It is a great time to sell your home! If we can be of any assistance in understanding the market or the value of your home, please let us know.

 

Enjoy the baseball playoffs and all the other great sports. Go Braves!

WE’RE NOT LIKE OTHER REAL ESTATE TEAMS. IT’S THE DAVIDSON DIFFERENCE.

September 25, 2020

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Every year more and more people choose a career in real estate because of its flexibility, opportunities for career growth, earning potential, and job satisfaction. In an industry where success stems from hard work and a strong network, it is essential to be a part of a brokerage that can provide the resources to take your career to the next level.

 

Since 1989, Davidson Realty has been among Northeast Florida’s top real estate brokerages. What sets Davidson Realty apart is its focus and dedication to their agents. By providing ongoing, extensive training programs, agents are continuously sharpening their skills and knowledge of industry trends. “The professional support and the continued focus on industry education is invaluable,” shares longtime Davidson Realty Agent Jennifer Todd. Both new and experienced agents receive the technical and marketing support they need from in-house mentors who share their own industry knowledge. “Davidson Realty provides expertise in every aspect of the real estate industry, from land acquisition, development, permitting, construction, and sales. There is never a time when a question comes up and I don’t have someone to reach out to for support”, Todd continues. Davidson Realty provides the tools to ensure clients receive an exceptional experience and agents reach their goals.

 

Voted the area’s #1 “Best Place to Work” by Jacksonville Business Journal, Davidson Realty understands the importance of having confidence from the team members of your brokerage. Davidson Realty is a local, family-owned organization that celebrates the success of its agents. “Davidson Realty takes pride in the family-style camaraderie we have nurtured with our agents and staff,” shares Davidson Realty President, Sherry Davidson. “That family culture coupled with our dynamic programming creates an environment where everyone helps each other. We all win, particularly our customers.”

 

Agents at Davidson Realty are drawn to the strong workplace community. Jennifer Todd, who began selling World Golf Village real estate in 2002, says there was no other real estate company she would have considered working with, and to this day she feels the same way. “The family environment at Davidson Realty is second to none. We have watched our children graduate from high school together, shared weddings, and the arrival of grandchildren. We have supported each other through family illnesses and the loss of family members. Jim Davidson even offered to sit with my son-in-law for the night shift while going through leukemia treatment. We laugh together, we cry together, and we celebrate our successes together.” Jennifer’s story is just one of many in the Davidson Realty team.

 

As families do, Davidson Realty’s team of agents love to have fun together. From outings to team-building contests, there is no shortage of excitement. An activities committee plans company-wide events that in the past have included Movie Nights, Kickball games, Bowling outings, St. Augustine Trolley Tour, and Jumbo Shrimp games. Davidson Realty and their agents also work together to continually give back to the community. Every other month, Davidson Realty’s World Golf Village office hosts a Blood Drive to benefit their community.

 

It’s clear that Davidson Realty is special. If you are interested in joining Davidson Realty’s team of real estate experts, contact Davidson Realty President, Sherry Davidson at 904-940-5000. Give yourself and your career the opportunity to thrive.

Real Estate Market Update

September 17, 2020

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“Nobody made a greater mistake than he who did nothing because he could do only a little.”

Edmund Burke

 

The big real estate story across the nation and locally is the shortage of available homes for sale. There were 6,403 homes for sale at the end of August according to the Northeast Florida Association of Realtors (NEFAR) market stats. That is 35% less than August 2019 number of 9,874 for a reduction of 3,471 properties. We have 799 fewer properties than last month.

 

There is a 2.3 months supply of inventory available in Northeast Florida which is down 38% from August 2019 when there was a 3.7 months supply. A five to six month supply is considered a balanced market.

 

The inventory is down even with building permits rising. Building permits in the Jacksonville MSA are up about 6% year to date over the previous year even with COVID 19 slowing the process down. There were 7,823 permits issued through the eight months ending August. Most of the builders are selling their speculative homes before construction is finished.

 

The new listings in August 2020 from the NEFAR report are 3,441 homes. This is 4% fewer new listings than August 2019 and we are down 5% year to date. As new listings become available, they are going under contract quickly and many times with multiple offers.

 

There is a strong demand for homes in our market now. In addition to local buyers that want more space for working from home, schooling virtually, or more outdoor space, we have many people moving from other states. Some employers are allowing employees to work from home permanently or at least until mid-2021 and that allows employees to relocate to areas with better weather, more space, and lower taxes.

 

The strong demand and short supply of homes continues to drive prices higher. The median and average sales prices are up 8% and 9% respectively year-to-date. It also creates the perfect time to sell your home. If you are dreaming of a new or different home, please let us know and we can give you the guidance you need to make a good decision.

 

Davidson Cares is not making the mistake of doing nothing as mentioned in the quote. We have found a safe way with individual shoot times and no group gatherings to have our 5th Annual Davidson Cares Clay Day on October 29th. We would love for you to participate and support St. Augustine Youth Services, Investing in Kids and Builders Care with a donation, sponsorship, or as a shooter. Please go to DavidsonCares.com to get all of the information.

 

It is so nice to have sports back. I hope your favorite team has a great year. Thank you for your continued support of Davidson Realty, Davidson Property Management, and Davidson Cares!

FROM THE COUNTRY CLUB TO THE PEACEFUL COUNTRY, DAVIDSON REALTY HAS YOUR NEXT HOME.

September 16, 2020

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As a locally owned brokerage with two locations servicing all of Northeast Florida, Davidson Realty has a team of more than 40 real estate agents who understand the market, live in your communities, and have a passion for finding the right buyer for every home.

 

This week’s FEATURED LISTINGS include a journey through one of Northeast Florida’s most luxurious country club communities all the way down to the perfect Callahan country home with enough land to ensure peace and tranquility. Let’s begin our tour.

 

 

 

This is a love at first site experience.

 

 

105 Hickory Hill Drive, St. Augustine, FL 32095

 

With practically every upgrade your heart could possibly stand, 105 Hickory Hill Drive may be situated in St. Augustine but you’ll definitely feel like you’re living in a Mediterranean Villa somewhere beneath the Tuscan sun. With 6,182 square feet of air conditioned living space (8,900 sq ft total), Hickory Hill is a completely custom designed home offering 5 bedrooms and 6 bathrooms. If space, luxury, and entertaining are what your heart desires – look no further. From the inside to the outdoor living space, this home in Palencia includes custom indoor and outdoor fireplaces, professionally designed wine & spirits cellar, an exceptionally large pool, heated spa, and stunning outdoor oasis ready for the most talked about gatherings. The exquisite gourmet kitchen will have anyone ready to spend the majority of their time in this heart of the home. It includes 48” cabinets, walk-in pantry and 11’ ceilings with custom features throughout. While touring this home you will definitely want to look up! Cathedral multi arch ceilings, gorgeous finishes, stunning light fixtures, and chandeliers will have your guests mesmerized when visiting your Mediterranean estate.

 

Call Mirtha Barzaga today at 904-940-5000 today for a tour.

 

 

Everything about this home feels CUSTOM and SPACIOUS

 

 

13822 Saxon Lake Drive, Jacksonville, FL 32225

 

When living in Queen’s Harbour Yacht and Country Club, you can expect quality in a pristine community. From the moment you step inside this gorgeous home on

 

Saxon Lake Drive, you experience why we use “custom” and “spacious” to describe it. Ideally situated overlooking an 11-acre lake in the heart of Queen’s Harbour Yacht and Country Club, this home is filled with natural light that pours in creating the most inviting and cheerful place to call, “home.” This floorplan was perfectly designed offering 4 bedrooms and 4 bathrooms in 3,510 square feet of living space. The open great room with soaring high ceilings flows perfectly into the kitchen with plenty of cabinets and countertops. And that view! With three sets of French doors that take you to your outdoor oasis, whether you’re inside or enjoying the screened lanai with gorgeous wood ceilings, the view of the lake will have you feeling those vacation vibes in your own home. Open the French doors and enjoy Florida living with gentle breezes and the peaceful sounds of living in Queen’s Harbour.

 

Call Jennifer Todd today at 904-940-500 for a tour.

 

 

If Joanna Gaines lived in Callahan…

 

 

45097 Petree Road, Callahan, FL 32011

 

20 acres. Need we say more? With enough property to truly enjoy the best that country living has to offer, this one story brick home is a must see. Three bedrooms, 2 bathrooms, formal dining room, and spacious den all overlooking green grass and trees for as far as the eye can see. While life gets hectic, everything feels relaxing on Petree Road. Just imagine yourself in the patio area that includes an outdoor fireplace, in your rocking chair at night enjoying your favorite beverage. It’s a beautiful and peaceful place to call “home” with so much to offer including a place for horses, livestock, barns, and gardening. This home includes a covered breezeway to a separate garage which can hold four cars. Petree Road offers 1,916 square feet of living space and so much more as you enjoy and roam the 20 acres of land you’ll be living on. This home is perfect for a family ready to leave the stresses of city living, a retiree looking forward to relaxation and privacy, and anyone in between. Don’t miss this opportunity to be surrounded by the beauty of living in the south.

 

Call Mirtha Barzaga today at 904-940-5000 for a tour.

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