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'Huge Influx' Of Luxury Home Sales In Northeast Florida

Jacksonville Daily Record

While homes of all price ranges are selling quickly, luxury properties are moving faster than ever.According to the Northeast Florida Association of Realtors, 78.8% more homes, condos and town houses priced at $1 million or higher sold in March compared with the same period in 2020.

WJCT News partner theJacksonville Daily Record spoke with Kim Martin-Fisher and Jennifer Martin Faulkner, the mother and daughter team with the Douglas Elliman Ponte Vedra office, focus on luxury properties. 

Last year, they tallied a combined $128.5 million in sales and represented three of the top 10 home sales of 2020 in Northeast Florida. 

So far in 2021, they’ve sold about $40 million and say they are on track to sell more than they did in 2020.

“We’ve seen a huge influx in the amount of buyers and we’ve seen a change in the demands of the buyers as far as what they’re looking for,” Martin Faulkner said. 

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