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.

1088 HOLLY OAKS Court, St. Johns, FL 32259 (MLS# 951977)

1088 HOLLY OAKS Court, St. Johns, FL 32259

$315,000

Virtual Tour

http://tour.904pictures.com/idx/801643

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,260 Status: Closed

Current Price: $315,000 List Date: 8/13/2018 Last Modified: 2/27/2026

Overview

Description

Short sale home in gated neighborhood has a half share in St Johns River boat slip #1. This property needs renovation attention, and would be a great purchase for an investor. No sign on property. Water has been turned off at the main. PLEASE SUBMIT ALL OFFERS BY AUGUST 28th. The lender will not accept offers before that date - they require a 15 day window of marketing prior to accepting an offer. We will not be calling for highest and best, so PLEASE PRESENT YOUR HIGHEST AND BEST OFFER BY AUGUST 28TH. Be aware of gate when leaving. Exit Gate opens inward. Please stop before you reach the stop sign to avoid damage to car or gate. MUST HAVE AN AGENT TO ACCOMPANY.

Listing Details MLS# 951977

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2260
Living Area Source: Public Records
Year Built: 1992
Lot Size Dimensions: 230x187
Association YN: Yes
Association Fee: 1000
Association Fee Frequency: Annually
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: FROM JULINGTON CREEK BRIDGE GO SOUTH ON SR 13 TO FIRST LIGHT(FRUIT COVE RD)TURN RIGHT CONTINUE ON FRUIT COVE RD TO Holly Oaks Court. Through Gate house on Left.
Public Remarks: Short sale home in gated neighborhood has a half share in St Johns River boat slip #1. This property needs renovation attention, and would be a great purchase for an investor. No sign on property. Water has been turned off at the main. PLEASE SUBMIT ALL OFFERS BY AUGUST 28th. The lender will not accept offers before that date - they require a 15 day window of marketing prior to accepting an offer. We will not be calling for highest and best, so PLEASE PRESENT YOUR HIGHEST AND BEST OFFER BY AUGUST 28TH. Be aware of gate when leaving. Exit Gate opens inward. Please stop before you reach the stop sign to avoid damage to car or gate. MUST HAVE AN AGENT TO ACCOMPANY.
List Price/SqFt: 110.62
Sold Price/SqFt: 139.38

Property Features

Approx Parcel Size: .51 to 1 Acre Appliances: Gas Range Fireplace Features: Wood Burning Interior Features: Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Well Sewer: Septic Tank Construction Materials: Brick Patio And Porch Features: Front Porch; Porch; Screened Pool Features: In Ground Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac Current Use: Residential; Single Family Association Amenities: Boat Slip Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2018-08-13

Location Tax and Legal

Street Number: 1088
Street Name: HOLLY OAKS
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Holly Oaks

Status Change Information

Major Change Timestamp: 2019-01-21T16:43:41Z
Major Change Type: Status Change
Purchase Contract Date: 2018-08-30
Close Date: 2019-01-18
Close Price: 315000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, OwnerApprPublicMktg: Short Sale
Public Historical Remarks 2: Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Side Entry Garage: Y

Room Information

Room Name
Great Room
Utility Room

Documents

Boat Dock Location ›

Notes about the Boat Slip... ›

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: February - 27 - 2026

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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