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.

115 BRIAR RIDGE Court, Ponte Vedra, FL 32081 (MLS# 2056313)

115 BRIAR RIDGE Court, Ponte Vedra, FL 32081

$4,350

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,739 Status: Closed

Current Price: $4,350 List Date: 11/12/2024 Last Modified: 3/26/2025

Overview

Description

This gorgeous Nocatee home is looking for new residents. This preserve home is located on a cul-de-sac with two bedrooms downstairs and two more upstairs with a loft. The large screened in lanai, formal dining and open kitchen, living and additional dining areas make it a great place to entertain, with lawn care included. All tenants 18 and above must complete an application and submit the $60 processing fee. 600 credit score, 3x monthly rent, and background check required.

Listing Details MLS# 2056313

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2739
Living Area Source: Public Records
Year Built: 2020
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: from US 1 onto Pine Island Rd. Go for 1.6 mi. Turn left onto Crosswater Pkwy. Go for 1.1 mi. Take the 2nd exit from roundabout onto Crosswater Lake Dr. Go for 0.5 mi. Turn right onto Briar Ridge Ct
Public Remarks: This gorgeous Nocatee home is looking for new residents. This preserve home is located on a cul-de-sac with two bedrooms downstairs and two more upstairs with a loft. The large screened in lanai, formal dining and open kitchen, living and additional dining areas make it a great place to entertain, with lawn care included. All tenants 18 and above must complete an application and submit the $60 processing fee. 600 credit score, 3x monthly rent, and background check required.
List Price/SqFt: 1.64
Sold Price/SqFt: 1.59

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Grounds Care; Repairs Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Double Oven; Gas Cooktop; Gas Oven; Gas Water Heater; Tankless Water Heater; Water Softener Owned Interior Features: Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms Water Source: Public Parking Features: Garage Utilities: Electricity Connected; Natural Gas Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt

Contract Information

Rental Service: None
Property Sub Type: Single Family Residence
Listing Contract Date: 2024-11-12
Lease Term: 12 Months
Availability Date: 2024-12-15

Location Tax and Legal

Street Number: 115
Street Name: BRIAR RIDGE
Street Suffix: Court
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Freedom Landing At Crosswater

Status Change Information

Major Change Timestamp: 2024-12-02T01:04:43Z
Major Change Type: Status Change
Purchase Contract Date: 2024-11-25
Close Date: 2024-12-01
Close Price: 4350

Deposits and Fees

Pet Fee/Deposit: 300

More Information

Listing Office: PIVOT LOCAL

Last Updated: March - 26 - 2025

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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