We are excited to announce that Sexton and Mock has been prominently featured in the 2024 Mid-Year Ultra Luxury Report for North Florida. Our insights have highlighted key trends and market dynamics, showcasing the evolving landscape of ultra-luxury real estate in the region.

Market Trends and Insights

“The latest census data reveals that Jacksonville is experiencing rapid growth, with 14,000 new residents arriving between July 2022 and July 2025. This growth is indicative of the overall strength of Florida, particularly within the Jacksonville metro area, encompassing seven counties, which has witnessed substantial economic expansion. The region boasts a robust job market, anchored by the presence of four Fortune 500 companies, contributing to a vibrant marketplace that attracts opportunities and propels the luxury real estate market.

Northeast Florida remains an attractive destination for both primary and secondary residences, offering competitive luxury pricing compared to other cities in the state.” — Jennifer Sexton & Wesley Mock

Market Performance Over the Years

• 2021:
  • Sales: 0
  • Total Sales Volume: $0
• 2022:
  • Sales: 2
  • Total Sales Volume: $22.76M
• 2023:
  • Sales: 1
  • Total Sales Volume: $16.25M
• 2024 (Mid-Year):
  • Sales: 1
  • Total Sales Volume: $22M

The ultra-luxury market in North Florida has experienced significant growth in recent years. The zero sales in 2021 were followed by a strong performance in 2022, with continued interest and high-value sales in 2023 and 2024, indicating a promising trend for the future.

The Allure of North Florida

North Florida’s unique charm and growing reputation make it an attractive destination for high-end real estate buyers. The recent surge in $10 million-plus sales highlights the region’s potential and appeal to the ultra-wealthy.

As we look forward to the future, Sexton and Mock remains optimistic about the market’s potential and is committed to helping clients find their dream homes in North Florida. Stay tuned for more updates and insights on the luxury real estate market.