Northeast Florida Market Stats | December 2023

January 25, 2024


“Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.” Martin Luther King, Jr.

Dr. King had so many amazing quotes, but this is one of my favorites. We need more light and love.


Let’s review 2023 and look forward to a better 2024 for the real estate market. The Northeast Florida Association of Realtors (NEFAR) market review for December 2023 shows a slight decline of 1.4% in the median sales price from November. The median sales price of $360,000 is up 6.5% from last year (the numbers used are from all types of properties in all 6 counties). The median sales price has moved up and down monthly, but prices have been fairly stable.


There were 1,922 closings in December which is 4.5% more than November; however, we are down 13.5% from last year. Pending sales of 1,590 were down 11.5% from November and 9.8% from last year. The number of transactions has been very low in 2023 mostly due to high mortgage interest rates and affordability.

Read more

Northeast Florida Market Stats | November 2023

December 21, 2023


“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.

Read more

Builder Spotlight: Providence Homes

December 12, 2023


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 or call 904-447-0724.

Northeast Florida Market Stats | October 2023

November 21, 2023


“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.

Read more

Northeast Florida Market Update | September 2023

October 26, 2023


“It’s not how much we give, but how much love we put into giving.” Mother Teresa


There was a huge amount of love put into giving at our Jim Davidson Annual Clay Day on October 19th. We were able to donate $150,000 to local charities that he loved. Thank you from our entire family for the love and support!


The September market stats from the Northeast Florida Association of Realtors show that prices remain stable, closed and pending sales are down and supply is up.


The median sales price of all types of properties in all six counties is $350,000 which is down 1.4% from $355,000 in August. The prices have moved up and down slightly on a monthly basis to stay in a small range for the last year.

Read more

Older Posts »

Davidson Realty