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.

112 LEANING TREE Drive, St. Augustine, FL 32095 (MLS# 758536)

112 LEANING TREE Drive, St. Augustine, FL 32095

$171,000

Palencia Aquatic & Fitness Center Front.

Palencia Village Square Business Center.

Property Type: Land Lot Size (sq. ft.): 39,204 Status: Closed

Current Price: $171,000 List Date: 2/19/2015 Last Modified: 12/21/2024

Overview

Description

Wonderful wooded lot with hard wood trees on a cul-de-sac awaiting your custom built home. Lot is in the fabulous Palencia community with amenities for everyone in your family. There is no time restriction between when you purchase the property and when you build.

Listing Details MLS# 758536

General Property Information

Lot Size Acres: 0.9
CDD Fee YN: Yes
CDD Fee Amount: 4533
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Annually
Association Name: Hines
Association Phone: 904-810-0500
Water Body Access YN: No
Waterfront YN: No
Directions: I-95 to exit 323. Go east on International Golf Parkway over US 1 into Palencia. Go through round about and take 3rd right (North Loop). Go through guard gate to Leaning Tree, on the left.
Public Remarks: Wonderful wooded lot with hard wood trees on a cul-de-sac awaiting your custom built home. Lot is in the fabulous Palencia community with amenities for everyone in your family. There is no time restriction between when you purchase the property and when you build.
List Price/Acre: 198888.89
Sold Price/Acre: 190000

Property Features

Current Use: Single Family Lot Features: Cul-De-Sac; Wooded Sewer: Public Sewer Water Source: Public View: Protected Preserve Road Surface Type: Asphalt Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Playground; Tennis Court(s) Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2015-02-19

Location Tax and Legal

Street Number: 112
Street Name: LEANING TREE
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2015-07-30T21:24:11Z
Major Change Type: Status Change
Purchase Contract Date: 2015-07-17
Close Date: 2015-07-30
Close Price: 171000

Historical Information

Public Historical Remarks 1: Common ClubAmenities-Club Facilities: Y, Common ClubAmenities-Nature Trails: Y, Common ClubAmenities-Bike Path: Y, Dev Stat/Restrict-Convenants/Restrictn: Y, Lot Location-Golf Course Comm: Y, Restrict/Rquirmnts: Deed Restriction
Public Historical Remarks 2: Common ClubAmenities-Baseball Field(s): Y, Dev Stat/Restrict-Build to Suit: Y, Dev Stat/Restrict-Deed Restriction: Y

More Information

Documents

Palencia Fees ›

Listing Office: COLDWELL BANKER PREMIER PROPERTIES

Last Updated: December - 21 - 2024

Information deemed reliable but not guaranteed.

Search powered by FBS Products

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.