Northeast Florida Market Stats | June 2025

July 21, 2025

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Posted by in News

‘The pessimist sees difficulty in every opportunity. The optimist sees an opportunity in every difficulty.’ – Winston Churchill

 

After three years of elevated interest rates and a cooling sales environment, the market continues to demonstrate evolving opportunities. According to the Northeast Florida Association of Realtors’ June 2025 report:

 

  • Median sales price of $350,000 is unchanged from May and down 1.4% from last year.
  • Closed sales totaled 2,597, a 3.4% dip from May and a 5.3% decrease compared to June 2024.
  • Pending sales saw a notable decline, down 32.5% from May and 31.7% year-over-year, indicating a cautious but watchful buyer pool.
  • Active inventory of 12,364 is up slightly 2.2% from May and 13.3% from last year, offering more choices to prospective buyers.
  • There is 4.8 months’ supply of homes available reflecting a more balanced market between buyers and sellers.

While higher mortgage rates and affordability challenges continue to temper demand, inventory levels remain far more stable than in past downturns, such as the Great Recession, when forced sales drove oversupply. Notably, Florida Realtors reported statewide single-family home prices in May were 2.7% lower than last year, but still an impressive 54% higher than in 2020.

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Sing Out Loud Returns to St. Augustine September 2025

July 9, 2025

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Posted by in News

 

The annual festival celebrates live music & entertainment every Friday, Saturday and Sunday

 

Sing Out Loud is back! The annual festival is an epic celebration of live music and entertainment, and it’s right here in St. Augustine. One of the biggest music festivals in the Southeast, Sing Out Loud brings together an eclectic array of musical acts, from local bands to national headliners. There will be music all over town on Fridays, Saturdays and Sundays — and most of it is free! Venues include the St. Augustine Amphitheatre, Sarbez!, Shanghai Nobby’s, Trade Winds Lounge, Spinster Abbott’s, Colonial Oak Music Park, Dog Rose Brewing Co. and Francis Field, which hosts the main stage: the Lively Wildly Showcase on Saturday, September 20th and Sunday, September 21st, 2025.

 

Sing Out Loud began in 2016, with humble but exciting beginnings, and brought together local and regional acts to stages around town. The festival has featured more than 1,500 national, regional and local musicians, and welcomed more than 330,000 live music enthusiasts to St. Augustine. Now in its 9th year, Sing Out Loud continues to attract national touring bands. In 2023, the Black Keys, Maggie Rogers and Mumford & Sons took the stage. Last year, country music superstar Eric Church, JJ Grey & Mofro and Norah Jones headlined. This year, the line-up is even more impressive.

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Davidson Realty