Davidson Realty, Inc.

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

June 22, 2012

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Posted by in Uncategorized

“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

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