Real Estate Market Update

October 19, 2021

 | 

“In playing ball, and in life, a person occasionally gets the opportunity to do something great. When that time comes, only two things matter: being prepared to seize the moment and having the courage to take your best swing.” – Hank Aaron

 

A lot of wisdom from Hank Aaron. I hope you are enjoying watching the MLB playoffs.

 

The Northeast Florida Association of Realtors market stats for September show similar trends to the last few months. Prices are still rising at double-digit rates, with plenty of buyer demand, and a small supply of homes available.

 

The median sales price in September is $307,230 setting a record. This price is $7,000 more than August and $50,000 more than January 2021. This is an increase of 19.7% over last September.

 

The average sales price in September is $370,751 which is up 16.9% over last September. Numbers don’t always tell the human impact. We are seeing so many buyers on the sidelines right now because the homes they would like to buy between $300,000 and $400,000 are very difficult to find and get an offer accepted.

 

Our local buyers are competing with the strong influx of out-of-town buyers who consider our local area home prices more affordable compared to their previous market. The buyers wanting to use VA or FHA financing are also struggling because most sellers prefer cash or a conventional loan.

 

Affordability has impacted pending sales which were 3,201 in September, down 5.1% from last September, but up 10.9% year-to-date. Also, closings of 2,945 down 12.5% from last September, but up 12.9% year-to-date.

 

We are still seeing multiple offers, with 35.5% of homes selling over list price but that is down from 44.3% in July and 40.6% in August. Homes are still selling quickly with days on market at 30 days down 51.6% from last September when it was 62 days.

 

The market has calmed a little and possibly more buyers that have been sidelined will be able to find the home they want. I am very optimistic about the Northeast Florida real estate market. It is a great time to sell. Please let us know if we can assist you in any way.

 

Thanks for all the support of Davidson Cares Clay Day! We sold out for the first time ever.

 

A group of Davidson Realty agents are participating in the Walk to End Alzheimer’s on Saturday, November 6th at UNF. My mother and so many others suffered from this horrible disease. We would love to have you join us!

5 Family-Friendly Fall Activities in Northeast Florida

October 14, 2021

 | 

It’s officially fall and although the temperatures might only be subtly changing in Northeast Florida, the season full of apples, pumpkins, and football is here! “Even though we are in Florida, there are still plenty of opportunities to embrace the fall season. The First Coast has a variety of options for fun in the fall to appeal to everyone,” shares Davidson Realty President, Sherry Davidson. Check out some of the family-friendly fall fun in and around Jacksonville. 

 

 

Southside United Methodist Church

3120 Hendricks Avenue, Jacksonville, Florida 32207

Roam the patch for the perfect pumpkin at Southside United Methodist Church (SUMC) Pumpkin Patch. Throughout the month of October, SUMC will be hosting fall family events including a photo fun day, trunk or treat, and a movie in the patch. Visit their website to learn more. 

 

Shepherd of the Woods Pumpkin Patch

6595 Columbia Park Court, Jacksonville, Florida 32258 

Stop by the beautiful forty-acre wooded, lakeside Shepherd of the Woods Pumpkin Patch. With a wide selection of pumpkins, fall scenes, and picnic tables by the lake. Admission is free and all proceeds from pumpkin sales will support missions. For more hours and information, visit their Facebook Page.

 

The Jacksonville Zoo & Gardens – Spooktacular

370 Zoo Parkway, Jacksonville, Florida 32218

Dress up in your favorite family-friendly costume and explore the Jacksonville Zoo during the 34th Annual Spooktacular. From October 15-17 and 22-31 from 6-10 pm, enjoy activities for all ages including trick-or-treating and multiple scare zones. Tickets must be purchased online in advance, get your tickets today! 

 

Amazing Grace Family Farms

2899 Wisteria Farms Road, Green Cove Springs, Florida 32043

Amazing Grace Family Farms is the perfect place to get your fall fix! Open every Friday and Saturday in October, enjoy the pumpkin patch, corn maze, sunflowers, and a host of family fun activities. A highlight every year is the farm animal petting zoo, where children can get up close and personal with their favorite farm animals. For a complete list of attractions and hours of operation, visit their website

 

Sykes Family Farms

5995 Brough Road, Elkton, Florida 32033

For all-day fun for all ages, you MUST visit Sykes Family Farms. Known for their nine-acre, four-phase corn maze, visitors truly can do it all at Sykes Family Farms. In addition to the corn maze, visitors can also enjoy hayrides, playgrounds, cow milking stations, and farm animals! For a full list of fun and to purchase tickets, visit their website.

 

There is clearly no shortage of fall family fun in Northeast Florida. We hope you and your family enjoy the fall season at one of these exciting locations!

CONGRATULATIONS TO OUR TOP PRODUCERS IN SEPTEMBER & THE THIRD QUARTER!

October 13, 2021

 | 

The real estate market is still very active but a little less crazy than a few months ago. It is a great time to list your home with many buyers looking for a home.

 

We had a great September with over $10 Million in closings and over $17 Million in sales.

 

The Top Producer for September and the 3rd quarter is Mirtha Barzaga. Mirtha is also the Top Sales Agent and Top Lister for the quarter. Mirtha closed and sold over $5 Million for the quarter. With all of her awards, Mirtha is very focused on each customer’s needs. Most of her business is generated from referrals from all of her satisfied customers.

 

 

 

The Top Sales Agent for September is Reba Barkley with $1.9 Million in sales for the month. Reba provides extra responsive service and care to each customer. Her background as an educator for 25 years honed her skills of listening, assessing and meeting her customers needs and they love working with her.

 

 

 

Read more

Three Businesses Coming Soon to Northeast Florida

October 5, 2021

 | 

The First Coast is constantly welcoming new businesses of every variety. With a guarantee for a hot and interesting restaurant or business to experience in the area, Northeast Florida is a wonderful place to live. “Businesses that come to the First Coast are greeted with open arms by the thriving community. With so many heavy traffic commercial areas and a bustling calendar of events in the area, there is no shortage of opportunity for businesses to flourish,” shares Davidson Realty President, Sherry Davidson. We’re sharing a few new businesses to put on your radar as they gear up to call Northeast Florida home. 

 

Tru by Hilton

A new hotel is coming to South Jacksonville! Tru by Hilton will be coming to the Bowden area near Southpoint. The city issued a permit in early September 2021 to build the four-story, 45,000-square-foot hotel that will cost more than $6 million. This new location joins two other Tru by Hilton properties in the area. 

 

The Sugar Factory

Have you heard? The self-proclaimed sweetest place on Earth is getting ready to call Jacksonville home. Markets at Town Center will be welcoming a new occupant to the former Brio Tuscan Grille property: Las Vegas-based Sugar Factory American Brasserie. The Sugar Factory, which was founded in 2009, operates fifteen locations in the United States and four overseas. The location in the Town Center will be the chain’s fourth location in Florida. The Sugar Factory is known for over-the-top sundaes, cocktails, and milkshakes while also offering a variety of savory pasta, steak, and burger dishes. 

 

Dolly Llama Waffle Master 

Another sweet business is coming to Northeast Florida! The Dolly Llama Waffle Master will likely be coming to Ponte Vedra Beach in 2022. The shop’s handcrafted waffle cones are filled with ice cream and can be customized with a variety of tasty toppings. This will be the first Dolly Llama location in Florida. The concept debuted in 2017 in Los Angeles. Menu favorites include the Cinnalover signature shake, Dolly’s Dream signature waffle, and Snow Storm ice cream. 

 

With Northeast Florida being such an attractive area for businesses, there is no shortage of new shops to explore.

Davidson Cares Clay Day Raffle Provides Fun Incentives While Supporting Worthy Causes

September 23, 2021

 | 

Davidson Cares is gearing up to host their 6th Annual Clay Day on October 21, 2021, at Jacksonville Clay Target Sports. This event is dedicated to raising money to support three local charities that make a big impact in the community: St. Augustine Youth Services, Investing in Kids!, and Builders Care. 

 

“Davidson Cares Clay Day is such a special event. The First Coast community comes together to have some fun and raise money for three organizations that are helping families and children in Northeast Florida thrive,” shares Davidson Realty President, Sherry Davidson. 

 

In addition to the fun and safe team shooting experience at Clay Day, Davidson Cares is selling raffle tickets for two exciting prizes which include a Concerts for a Cause pod and a Yeti Cooler with bottles to stock your bar! “The raffle is a fun element to Clay Day. We are thankful to Mark Sherman at Atlantic Trust Mortgage for sponsoring the cooler prize and to Leigh Insurance Agency for donating the Concerts for a Cause tickets,” shares Davidson. “Tickets are 1 for $10 or 15 tickets for $100. The winner will be announced during the awards celebration at the shoot on October 21, 2021. However, the winner does not have to be present to claim their prize.”

 

The cooler and cocktail raffle items are a hit every year at Clay Day! This year a Yeti Tundra Haul Wheeled Cooler will be filled with thirteen bottles to stock your bar to entertain family and friends. 

 

This is the first year Davidson Cares will be offering a pod at Concerts for a Cause. Chris Shee and MasterCraft Builder Group began the concerts last year. The first concert benefitted Investing in Kids! (INK!) and raised more than $35,000 for the organization. The concert series continued to be a success as the second concert, featuring Diamond Rio, raised more than $70,000 for the Alpha Omega charity. 

 

The winner of this raffle prize will enjoy a relaxing outdoor concert in a pod that hosts eight. Food and a refillable cooler with beer, hard seltzer, and water is provided. With four concerts planned per year, the winner can select which concert they prefer to attend as the artists are released. Concerts for a Cause is a wonderful event to enjoy and support a local charity! 

 

Davidson Cares Clay Day 2021 is sure to be one to remember. Davidson Care encourages the First Coast community to join in their efforts by attending the event, buying a raffle ticket, or making a donation online to support the children and families in Northeast Florida that need it most. 

 

Older Posts »

Davidson Realty