Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

101 WILLOW BAY Drive, Ponte Vedra, FL 32081 (MLS# 1260722)

101 WILLOW BAY Drive, Ponte Vedra, FL 32081

$3,300

Virtual Tour

https://my.matterport.com/show/?m=QV9dZpQ9Rcg&mls=1

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,642 Status: Closed

Current Price: $3,300 List Date: 12/08/2023 Last Modified: 3/01/2025

Overview

Description

**AVAILABLE FEBRUARY 10th, 2024** Beautiful 3 bedroom with den AND additional bonus/flex room for rent in Willow Cove at Nocatee. With over 2,600 sq. ft. of living space - you have no shortage on space! Upon entering this home you have a den with double doors. Separate formal dining room. Indoor laundry room with sink and washer/dryer included One small dog is permitted upon approval and with pet fee. No cats please. Lawncare is tenants responsibility

Listing Details MLS# 1260722

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2642
Living Area Source: Measured
Year Built: 2014
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From Valley Ridge Blvd - Turn Cross Town, Turn Right on Preservation Trail, Right on Regal Willow Rd, Right on Myrtle Brook Bend, Right on Willow Bay
Public Remarks: **AVAILABLE FEBRUARY 10th, 2024** Beautiful 3 bedroom with den AND additional bonus/flex room for rent in Willow Cove at Nocatee. With over 2,600 sq. ft. of living space - you have no shortage on space! Upon entering this home you have a den with double doors. Separate formal dining room. Indoor laundry room with sink and washer/dryer included One small dog is permitted upon approval and with pet fee. No cats please. Lawncare is tenants responsibility
List Price/SqFt: 1.25
Sold Price/SqFt: 1.25

Property Features

Pool Features: None View: Water Cooling: Central Air Heating: Central Road Surface Type: Asphalt

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-12-08
Lease Term: Month To Month
Availability Date: 2024-02-10

Location Tax and Legal

Street Number: 101
Street Name: WILLOW BAY
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Willowcove

Status Change Information

Major Change Timestamp: 2024-04-01T16:52:55Z
Major Change Type: Status Change
Purchase Contract Date: 2024-01-08
Close Date: 2024-03-16
Close Price: 3300

Deposits and Fees

Application Fee: 80
Pet Fee/Deposit: 300
Security Deposit: 3300

More Information

Historical Information

Public Historical Remarks 1: Pet Rent: Y, Restrictions-Pets-No Cats: Y, Water - Public: Y, Assoc Appl Fee: N, Per Period: 3300, LeasePrepFeeTenant: 150
Public Historical Remarks 2: Occupancy: Specific Date-CLO, Sewer - Public: Y, Min Lease/Rent Term: 13
Public Historical Remarks 3: Occupant Type: Occupied, Call Listing Agent, 24 hour notice

Listing Office: NEST FINDERS PROPERTY MANAGEMENT

Last Updated: March - 01 - 2025

Broker Attribution: 904-204-1266

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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