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.

125 QUEENSLAND Circle, Ponte Vedra, FL 32081 (MLS# 985433)

125 QUEENSLAND Circle, Ponte Vedra, FL 32081

$389,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,115 Status: Closed

Current Price: $389,000 List Date: 3/20/2019 Last Modified: 4/23/2025

Overview

Description

Immaculate and Beautiful Home on a Gorgeous Lake Preserve View lot (premium lot) with so many upgrades. Much Better than New Construction. Featuring include: 12 ft High double tray Ceiling in the family room, 12 foot Ceiling in main living area, Upgraded Cabinets, Gourmet Kitchen Appliances, Quartz Counter Tops, Built-in Sound System. Tile Floor in main living area and Hardwood Floors in all bedrooms, Office and Dinning Room, Gas Fireplace with a Custom built Mantel, Plantation Shutters for all the Windows, New French Doors to Screened in Paver Lanai, Upgraded Light Fixtures. Owner suite w/views of the lake. Enjoy the Luxury Florida Lifestyle with a Beautiful Sunset.

Listing Details MLS# 985433

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2115
Living Area Source: Public Records
Year Built: 2015
Association YN: Yes
Association Fee: 380
Association Fee Frequency: Semi-Annually
Association Name: Leland
Association Phone: 904-483-2990
CDD Fee YN: Yes
CDD Fee Amount: 2231
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Directions: From US-1, Go East on Nocatee Parkway. Exit at Valley Ridge Blvd, left into The Palms at Nocatee North, Left at Queensland Cir.
Public Remarks: Immaculate and Beautiful Home on a Gorgeous Lake Preserve View lot (premium lot) with so many upgrades. Much Better than New Construction. Featuring include: 12 ft High double tray Ceiling in the family room, 12 foot Ceiling in main living area, Upgraded Cabinets, Gourmet Kitchen Appliances, Quartz Counter Tops, Built-in Sound System. Tile Floor in main living area and Hardwood Floors in all bedrooms, Office and Dinning Room, Gas Fireplace with a Custom built Mantel, Plantation Shutters for all the Windows, New French Doors to Screened in Paver Lanai, Upgraded Light Fixtures. Owner suite w/views of the lake. Enjoy the Luxury Florida Lifestyle with a Beautiful Sunset.
List Price/SqFt: 183.92
Sold Price/SqFt: 183.92

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Lighting; Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Patio Pool Features: None Roof: Shingle Parking Features: Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve; Water Waterfront Features: Pond Fencing: Wrought Iron Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-03-19

Location Tax and Legal

Street Number: 125
Street Name: QUEENSLAND
Street Suffix: Circle
County: Duval
State: FL
Postal Code: 32081
MLS Area Major: 029-Nocatee (Duval County)
Subdivision Name: Nocatee

Status Change Information

Major Change Timestamp: 2019-04-29T20:15:52Z
Major Change Type: Status Change
Purchase Contract Date: 2019-04-12
Close Date: 2019-04-29
Close Price: 389000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Club Amenities-Nature Trails: Y, Football Field(s): Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Courtyard Entry Garage: Y, Waterfront Descrpt-6' + Dpth: Y, Stone Fireplace: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-French Door(s): Y, Fireplace-Family Room: Y, Fireplace Mantle: Y, Fenced Partial: Y

Room Information

Room Name
Family Room
Office
Utility Room

Listing Office: RE/MAX CONNECTS

Last Updated: April - 23 - 2025

Information deemed reliable but not guaranteed.