Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

'Huge Influx' Of Luxury Home Sales In Northeast Florida

337656_standard.png
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 the Jacksonville 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. 

Read the rest of this story at JaxDailyRecord.com.