Northeast Florida Market Stats | November 2023

December 21, 2023

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“The Son of God became a man to enable men to become sons of God.” C.S. Lewis

 

Enjoy your family, friends and all the joy of Christmas, but don’t forget the reason we celebrate.

 

As interesting and crazy as the real estate market has been in 2023, I am happy to welcome 2024. I have listened to several forecasts from experts, and I will share their thoughts.

 

First, we will review November 2023 market stats from the Northeast Florida Association of Realtors (NEFAR). The median sales price of $367,495 is up 7.2% over last November and up 5.0% over this October. The prices have not dropped even with high mortgage rates and home prices becoming unaffordable for many.

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Congratulations to our TOP Producers in November!

December 19, 2023

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The holiday season is in full swing much like our agents at Davidson Realty.  We want to especially recognize our top agents for November as we are so proud of all they have achieved and all they have served!  We thought it would be informative to ask their professional advice about buying or selling during this time of year. We asked them specifically: What is the number one tip or best advice you would give anyone thinking about buying or selling a home/property during the holiday season?  Here are some of their responses:

 

 

 

Our overall Top Producer and our Top Producer of our Jacksonville Beach team for November is Jennifer Todd with $815,000 in closings for the month.

 

 

 

Jennifer – The Holiday Season can be a challenge to both buyers and sellers. Access to homes could be limited to buyers for many reasons and sellers are trying to juggle family, cooking and keeping the house in showing condition. The best way to make buying or selling at this time of year is FLEXIBILITY and PATIENCE!  

 

If a buyer has really done their research with their agent prior to looking, the selection process should be narrowed down to 5 or less homes.  

 

If a seller elects to have their home on the market during the holidays, they are more motivated to accommodate showings.  

 

With that being said, make the most of the experience and have a Big Red Bow ready!

 

 

 

Our Top Lister for November is Margherite Myers with over a half million in pending listings under contract for the month.

 

 

 

Margherite – The number one tip for a Realtor advising clients on selling or purchasing a home during the holidays is to emphasize the importance of flexibility. Encourage your clients to be open-minded about scheduling showings, inspections, and closings, as the holiday season can bring challenges such as varying availability, travel plans, and potential weather disruptions.

 

For sellers:

  • Flexible Showing Schedules: Advise sellers to be accommodating with showing times, understanding that buyers may have limited availability due to holiday events or travel plans. Consider using virtual tours or high-quality photos to showcase the property, allowing buyers to get a sense of the home even if an in-person visit is challenging.

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Builder Spotlight: Providence Homes

December 12, 2023

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Davidson Realty has been helping develop World Golf Village since the very beginning, and Providence Homes was one of the early builders who built beautiful homes in Royal Pines and King & Bear. Ever since, we’ve had a great relationship with Providence and many happy customers.

 

Established in 1992, Providence Homes builds in some of the most picturesque areas of Duval and St. Johns Counties. Their mission is to build beautifully-designed homes at affordable prices, while maintaining caring relationships with their home owners. Providence ensures their homes are of the highest of quality and are homeowner satisfied, built with reliability and attention to detail. “Every home we build, we build as if it were our own,” shares Bill Cellar, Founder & CEO of Providence Homes. “I created this company to make a difference in the industry, to always ‘do the right thing’ – and that has set Providence apart.”

 

Providence has earned numerous awards from ENERGY STAR® for its dedication to energy efficiency. Sherry Davidson, President of Davidson Realty, shares, “Many years ago, we did several videos on the ENERGY STAR® Homes Providence Homes was building, and I left the filming with a completely different appreciation for what ENERGY STAR® meant. Like how the homes were designed to be energy efficient, including where the vents were located in each room, along with insulation, as well as energy efficient windows and so much more. I was so impressed that I have been wanting to own one myself ever since.”

 

Voted 2023 Winner of “Best Companies to Work For in Florida” by Florida Trend, Providence Homes guarantees to deliver the best home-buying experience while creating a working environment that is fun, exciting and challenging – and they always remember to give back to the community. “Over the years, Davidson Realty has deepened our relationship with Providence Homes because of their generosity and integrity,” Sherry adds. “We love doing business with them. They generously support many wonderful charities, and it feels nice to do business with a company you know will do the right thing every time.”

 

Davidson Realty is proud to call Providence Homes a partner. To learn more about the company and their beautiful, energy efficient homes, visit their website at providencehomesinc.com or call 904-447-0724.

Join us in welcoming four new agents to the Davidson Realty Team!

December 7, 2023

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Here at Davidson Realty, we’re a family-owned business that’s about people. And, we’ve been a dependable name in real estate for over 30 years. Because of that, we’re able to attract the best and most knowledgeable professionals in the area. “We call it the Davidson Difference,” shares Founder and President of Davidson Realty, Sherry Davidson. “It means we value people first, from our clients to our agents.” Davidson Realty prides itself on advocating for its clients’ best interests, as well as focusing on its agents. “We provide them with everything they need to create exceptional experiences for our clients,” Davidson shares. Davidson Realty is excited to announce the hiring of four new Realtors – Kevin Thomas, Clay B. Martin, Christina Treadway and Theo Dimitrakopoulos.

 

Kevin Thomas had a 20-year career as an entrepreneur in pharmacy advertising, and is originally from Nashville, TN. His Southern hospitality shines through, as does his passion to not just facilitate deals, but create trusting, genuine relationships with his clients. “My clients’ needs are my number one priority, and I take pride in listening and tailoring strategies to achieve any real estate objective,” he shares.

 

 

Clay B. Martin has an MBA from Florida Atlantic University, and joined Davidson after a 29-year career in Medical Device sales. He shares, “A wonderful agent from Davidson Realty helped me, my parents and my in-laws find homes. And since, I’ve been inspired to serve others with the same quality of excellence and attention to detail that I received.”

 

 

Christina Treadway has been licensed since 2017, and is a former Financial Advisor. “As a skilled negotiator, I will leave no stone unturned! And ask all the questions you didn’t know to ask,” she laughs. “I pride myself on providing exceptional service that always puts people first.”

 

 

Theo Dimitrakopoulos was born in Greece, and moved to Jacksonville at 8 years old. He comes from food service/beverage sales. “I love sharing my knowledge of North Florida to help people buy and sell real estate wisely,” he shares. “Whether it’s moving into their first home, dream home or considering investment properties, my customers get my undivided attention.”

 

Sherry Davidson loves having new agents in the office. “Real estate has been a passion of mine for over three decades,” she shares. “To be able to help others ignite that passion in themselves and empower them to meet their goals – it’s something I’m proud and honored to be able to do.” Learn more about our new agents here. And help us welcome them to the team!

Northeast Florida Market Stats | October 2023

November 21, 2023

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“Give thanks not just on Thanksgiving Day, but every day of your life. Appreciate and never take for granted all that you have.” Catherine Pulsifier

I am so thankful for my family and friends and for all the kindness shown to me and my family this year.

 

The Northeast Florida Association of Realtors market stats for October show the median sales price continues to be stable. The median sales price of $350,550 is up 0.2% from $350,000 in September.

 

There were 2,047 closed sales in Northeast Florida, which is down 17.1% from the previous year and 9.3% from September. According to Lawrence Yun, National Association of Realtors (NAR) Chief Economist, home sales nationally will likely decline by 18% in 2023 after the 17% drop last year in 2022.

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