Davidson Realty, Inc.

Jacksonville Real Estate Trends for March 2014 – Pending Sales up 11% Over Last Year!

April 25, 2014

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Posted by in News

“The strength of the team is each individual member. The strength of each member is the team.” ― Phil Jackson

This quote is true in sports and in business. Our team has shown so much strength lately. It is unusual in our industry to find a team that supports each other to make sure the customer is taken care of no matter what.

In reviewing the Northeast Florida Association of Realtors market stats this month, I want to focus on pending sales, closings and inventory. There were 2,333 contracts written in March which is 15% more than last March. The last time we had that many pending sales was for a period of 3 months in 2005 which was at the very peak of the market. The first quarter pending sales are up 11% over the first quarter last year. Read more

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Jacksonville’s Real Estate Trends Show Continuing Decrease in Distressed Properties

November 22, 2013

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Posted by in News

This month I analyzied the Northeast Florida Association of Realtors‘ real estate trends for October 2013.

There were 29% more contracts written (pending sales) in October than the previous year. We are up 26% year to date in the Northeast Florida market area.

Closings were 7% less in October compared to the previous year; however, we have 23% more closings year to date than last year. It is interesting to look a little deeper because the lender-mediated closings dropped 25% from 706 last October to 533 this year. Traditional closings were up 8% from 891 closings last October to 959 this year. Lender-mediated closings were only 36% of total closings in October compared to 44% last October. It is very encouraging to see less distressed properties and more normal closings. The median sales price of $158,865 is up 16% over last October and prices are up 16% year to date. Read more

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Northeast Florida Real Estate Trends for July – Pending Sales at Highest Since 2005!

August 26, 2013

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Posted by in Uncategorized

“If things seem under control, you are just not going fast enough.”  Mario Andretti

Things are moving pretty fast in my world. Speed is important in the real estate market today. Buyers have to be willing to move quickly to get the home they want.

The Northeast Florida Association of Realtors July 2013 market stats report began with this sentence: “It won’t be long before the housing recovery is simply referred to as housing.” That statement has a nice ring to it after spending 6 long years watching every month for small signs of market improvement. Read more

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Jacksonville FL Real Estate Trends in June – Sales, Closings and Prices Continue to Rise!

July 29, 2013

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Posted by in News

“If you can’t fly, then run,

if you can’t run, then walk,

if you can’t walk, then crawl,

but whatever you do,

you have to keep moving forward.”

–Martin Luther King Jr.

The Northeast Florida Association of Realtors market stats shows the real estate market is no longer crawling, we are now walking. Read more

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Celebrating Outstanding Numbers for June and the Second Quarter – Congrats to Ted, Pauline and Mirtha!

July 5, 2013

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Posted by in Uncategorized

More great news for the Northeast Florida real estate market! We are seeing improvement in home prices, sales prices and we are receiving multiple offers on homes. Our Jacksonville Realtors had over $9.5 million in sales and over $8.4 million in closings for the month of June. Even more impressive, our Realtors posted $31 million in sales and $25 million in closings for the second quarter! Congratulations to Ted Tyndall, Pauline Cake and Mirtha Barzaga for topping the charts!

The Top Listing Agents for June are Pauline Cake and her husband Woody Cake with over $500,000 in listings sold and over $1.3 million in total sales. The Cake Team sold two of their own listings during the month in Turnberry, along with a home in Heritage Landing, King & Bear and Murabella. Pauline and Woody are also our Top Producers for the second quarter with over $3.1 million in closings. They had eleven properties close, ten of which were in World Golf Village. We don’t call them the World Golf Village experts for nothin’! Read more

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