The Northeast Florida Association of Realtors released their July 2009 market statistics. I see some very encouraging trends for the real estate market in the Jacksonville and St. Augustine area.
The total number of active listings or properties available for sale is down 18.1% from last July. Since there are less homes for sale and increased sales activity, there are 13.1 months supply of inventory on the market. Even though 6 months supply is optimal, our inventory number is much better than last year when there was 17.0 months supply available.
The median sales price and the average sales price seem to have stabilized. The median price was $160,000 in June 2009 and is $159,800 in July 2009. The average sales price was $192,430 in May 2009, $184,015 in June and (more…)
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We are proud to share that we are ranked number seven by the Jacksonville Business Journal for top residential real estate agencies in Northeast Florida. The Business Journal uses value of area houses and lots sold to compile the list each year. In 2008, which wasn’t the best year for real estate sales, our team of 24 agents generated over 100 million in sales!
We believe we continue to do well in this economy because of the work environment we have and the teamwork it promotes. We have a “No-No” jar where we have to put a dollar anytime someone says something negative. Amazingly this helps keep us positive in a light-hearted way. And since the funds raised go to charity, we feel pretty good even if we have to pay!
Every Friday, Jim Davidson, the owner of the company, cooks us lunch. It’s hard to do anything but smile when Jim hands you a burger cooked just the way you want. Because of little things like these, we have also been (more…)
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Davidson Development is celebrating 20 years of changing the face of Northeast Florida real estate! Under the leadership of company president and CEO Jim Davidson, the company is most recognized as master developer and the mastermind of The Neighborhoods of World Golf Village, the 6,300-acre community that paved the way for high-quality growth in northwest St. Johns County. The community is home to the World Golf Hall of Fame and two championship golf courses.
Davidson says “We’ve been very blessed as a company to have had such a successful run over the last 20 years and we look forward to the next 20.”
World Golf Village’s sales center opened 11 years ago and today the community has 3,465 homes and more than 11,000 residents. The community offers a variety of neighborhoods with homes priced from the low $100,000s to more than $2 million. At complete build out, the community will have 7,200 homes and more than 23,000 residents.
Davidson credits his partners for the company’s and community’s success. (more…)
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