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.

109 BAY HILL Court, Ponte Vedra Beach, FL (MLS# 739616)

109 BAY HILL Court, Ponte Vedra Beach, FL

$344,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,529 Status: Closed

Current Price: $344,000 List Date: 10/02/2014 Last Modified: 10/14/2026

Overview

Description

Ponte Vedra’s Finest! One of PV’s best lake views and time to enjoy it because the association maintains your property. This one floor, 2Br/ 2 bath garden home has been meticulously maintained by its original owner. Extra’s galore! The gated community has an actual security guard & offers a pool, fitness center, & RV parking. This package is a rare find anywhere! This is the lifestyle you deserve. Noteworthy extras: Garage has floor tile throughout, entire garage has wall cabinets, separate master shower & garden/whirlpool tub. Florida room, Screened in lanai with soft windows to protect from weather, water softener, newer appliances, hvac & roof. Real light oak wood floors throughout main living area, tiled floor in kitchen, baths & Florida room. Carpet in bedrooms. Fireplace. Mus

Supplements: Mus

Listing Details MLS# 739616

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1529
Living Area Source: Public Records
Year Built: 1988
Lot Size Dimensions: 166'x29'x162'x77'
Association YN: Yes
Association Fee: 738
Association Fee Frequency: Quarterly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: From FL-202 W/Butler Blvd go south on A1A 4.7 miles, left on Fairfield Blvd, go .5 miles, left onto Glen Cove Pl, left on Bay Hill Ct, home is on left side of cul de sac
Public Remarks: Ponte Vedra’s Finest! One of PV’s best lake views and time to enjoy it because the association maintains your property. This one floor, 2Br/ 2 bath garden home has been meticulously maintained by its original owner. Extra’s galore! The gated community has an actual security guard & offers a pool, fitness center, & RV parking. This package is a rare find anywhere! This is the lifestyle you deserve. Noteworthy extras: Garage has floor tile throughout, entire garage has wall cabinets, separate master shower & garden/whirlpool tub. Florida room, Screened in lanai with soft windows to protect from weather, water softener, newer appliances, hvac & roof. Real light oak wood floors throughout main living area, tiled floor in kitchen, baths & Florida room. Carpet in bedrooms. Fireplace. Mus
List Price/SqFt: 224.98
Sold Price/SqFt: 224.98

Property Features

Approx Parcel Size: Less than .25 Acre Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Utilities: Cable Connected; Other Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Brick; Frame; Wood Siding Patio And Porch Features: Front Porch; Patio; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Lake Front Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Maintenance Grounds; RV/Boat Storage; Security; Tennis Court(s) Association Fee Includes: Pest Control Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-10-02

Location Tax and Legal

Street Number: 109
Street Name: BAY HILL
Street Suffix: Court
County: St. Johns
State: FL
MLS Area Major: 263-Ponte Vedra Beach-W Of A1A-S Of CR-210
Subdivision Name: Fairfield

Status Change Information

Major Change Timestamp: 2023-11-13T20:02:09Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-02-15T21:37:10Z
Purchase Contract Date: 2015-05-01
Close Date: 2015-05-12
Close Price: 344000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Bath-Owner Bath W/Whirlpool: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Fireplace-Living Room: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Fireplace Mantle: Y, Tile Fireplace: Y
Public Historical Remarks 3: Occupant Type: Appointment, Call Seller Direct, See Private Remarks, Advance Notice, Gated

Room Information

Room Name
Florida Room

Listing Office: ROGER BILLS, BROKER

Last Updated: October - 14 - 2026

Information deemed reliable but not guaranteed.