Northeast FL Real Estate Trends in March – Pending Sales, Closings, and Sales Prices are all up!

April 29, 2013

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If I’d just tried for them dinky singles I could’ve batted around .600.” Babe  Ruth

You know I had to use a baseball quote since the Atlanta Braves have started out so well. You can take what you want from the quote. I am all about doing the basics correctly and having lots of singles, although I have to admit that homeruns are sure exciting. The NEFAR market stats for March make me almost as happy as baseball.

There were 2,375 pending sales in March which is an increase of 41% over the previous March. February was the first month in 24 months with over 2,000 contracts pending (2,005) and March reached 2,375. Read more

May Real Estate Trends – Pending Sales Increasing, Inventory Decreasing and Prices Stabilizing

June 22, 2012

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“High expectations are the key to everything.”  Sam Walton

logo-nefarMy expectations about the Northeast Florida housing market remain high after reviewing the Northeast Florida Association of Realtors Market Stats for May.

The biggest news for May is pending sales of 2,114. The last time we had over 2,000 contracts written in a month was in early 2006. Pending sales are up 36% over last May and 19% year to date through May compared to the previous year. The price range with the largest increase in pending sales is the $1 Million and up properties with a 39% increase. Read more

Davidson Realty