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.

1217 N BURGANDY Trail, St. Johns, FL 32259 (MLS# 2111378)

1217 N BURGANDY Trail, St. Johns, FL 32259

$750,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,926 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $750,000 List Date: 3/25/2026 Last Modified: 5/09/2026

Overview

Description

Luxurious pool home located in the highly desirable Julington Creek Plantation. Living space is packed with high-end upgrades. Over $150K in recent updates (see document sheet), including New roof (2025), HVAC (2023), French pane windows (2019), Electric Box (2024), Kraft-made easy-close cabinets (2024), with 3 lazy Susans and slides. As you enter the open foyer, you will be surrounded by soaring ceilings, wood flooring, designer ceramic tiles, extended crown molding, and extensive stacked stone, including a fireplace. Your eyes are drawn to the solar-heated pool, complete with a waterfall, for your enjoyment. Wonderful mother-in-law suite with a private bathroom. The owner's suite is expansive, with a large sitting area/office with built-in cabinetry, a large walk-in closet, and raised marble vanities. The oversized 3-car garage has a floored attic above, accessible via an electric power lift for easy storage. no seller fin, subject to, terms or any creative financing

Listing Details MLS# 2111378

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2926
Living Area Source: Public Records
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.27
Association YN: Yes
Association Fee: 560
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1328.94
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: From Race Track Rd, turn south onto Durbin Creek Blvd, left onto Flora Ranch Blvd, roundabout to right onto N Burgandy Trl, home on left.
Public Remarks: Luxurious pool home located in the highly desirable Julington Creek Plantation. Living space is packed with high-end upgrades. Over $150K in recent updates (see document sheet), including New roof (2025), HVAC (2023), French pane windows (2019), Electric Box (2024), Kraft-made easy-close cabinets (2024), with 3 lazy Susans and slides. As you enter the open foyer, you will be surrounded by soaring ceilings, wood flooring, designer ceramic tiles, extended crown molding, and extensive stacked stone, including a fireplace. Your eyes are drawn to the solar-heated pool, complete with a waterfall, for your enjoyment. Wonderful mother-in-law suite with a private bathroom. The owner's suite is expansive, with a large sitting area/office with built-in cabinetry, a large walk-in closet, and raised marble vanities. The oversized 3-car garage has a floored attic above, accessible via an electric power lift for easy storage. no seller fin, subject to, terms or any creative financing
List Price/SqFt: 266.23
Sold Price/SqFt: 256.32

Property Features

Appliances: Dishwasher; Double Oven; Electric Oven; Microwave; Tankless Water Heater Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Attic Fan; Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Pool Features: In Ground; Screen Enclosure; Solar Heat; Waterfall Roof: Shingle Parking Features: Additional Parking; Garage; Garage Door Opener Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Park; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing