


Josh Nugent, Prudential Network Realty's Rookie of the Year for 2009, shares his take on the state of Real Estate sales in Northeast Florida. Josh specializes in riverfront and oceanfront condos, the historic neighborhoods of Avondale, Ortega, Riverside and Springfield; but as a native his expertise extends throughout the greater Jacksonville, Florida, region.









There's an old saying "statistics don't lie." Of course, there's another saying which says, "There are lies, damned lies, and statistics." Nevertheless, I would like to use statistics to prove that real estate sales in Northeast Florida are up in 2010 if the property is priced right.
In Northeast Florida there were 1,613 closed sales in June 2010, a 17.7% increase over the 1,370 closed sales in June 2009. The median sales price was $143,090, down 10.6% from last June's median of $160,000. 705 of those sales were either foreclosures or short sales, a 47.8% increase over last years figure of 477.
In Ortega, Avondale, and Riverside, there were 29 closed sales in June, a 20.8% increase over last year. The median sales price of $170,625 is down 24.6% from last year's median sales price of $226,250.
So, good news for buyers. A hard reality check for some sellers. The only thing is, I do try to point out that most sellers are buying at the same time — and with interest rates at all-time lows, they can still come out well even in current market conditions.

$1,050,000 is the new low price on my listing at 3869 Timuquana Road. This property is 1.25 acres of prime riverfont in a secluded section of Venetia just past Timuquana Country Club.


The home is a 1950's Florida modern designed by Miami architect Gordon Severud. It was featured in a Florida home and garden magazine in 1956. For those with an eye towards Jacksonville's midcentury architecture, 3869 Timuquana Road represents a terrific opportunity for a remodel. For any buyer, the large lot in a secluded, exclusive neighborhood with wide St Johns River views is hard to beat.
View full listing for more information. Or contact me, Josh Nugent, with any Jacksonville real estate question.


But it's the exterior spaces which will take your breath away! 11th-floor units at the Beau Rivage Condos have unique floor plans. They have "bump-outs" giving them more interior space than any other units, even those on the penthouse level one floor up. And, unlike any other units their balconies fully open to the sky with no overhang.

Check out the full listing of Beau Rivage 11F — or contact me, Josh Nugent, for any real estate inquiry.

$1.3 Million is the new low price on my listing at 3869 Timuquana Road. This property is 1.25 acres of prime riverfont in a secluded section of Venetia just past Timuquana Country Club.


The home is a 1950's Florida modern designed by Miami architect Gordon Severud. It was featured in a Florida home and garden magazine in 1956. For those with an eye towards Jacksonville's midcentury architecture, 3869 Timuquana Road represents a terrific opportunity for a remodel. For any buyer, the large lot in a secluded, exclusive neighborhood with wide St Johns River views is hard to beat.
View full listing for more information. Or contact me, Josh Nugent with any Jacksonville real estate question.