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.

127 PINE BEACH Drive, St. Johns, FL 32259 (MLS# 2015558)

127 PINE BEACH Drive, St. Johns, FL 32259

$490,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,901 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $490,000 List Date: 3/22/2024 Last Modified: 2/27/2026

Overview

Description

MOTIVATED SELLER!!!! **AGENTS SEE PRIVATE REMARKS** Welcome to River Town, Northeast Florida's premier riverfront lifestyle community, where relaxation meets modern convenience. Step into the Egret floorplan, a 3-bedroom, 2-bath residence full of elegance and comfort. Entertain with ease in the heart of this home - the kitchen, with custom 42'' espresso cabinets, a sprawling California island with seating for four, and stainless-steel appliances including a gas range and refrigerator. A butler's pantry adds convenience with quartz counters and ample storage. The master bedroom is a sanctuary of its own, boasting ample space, an en-suite bathroom with a walk-in shower featuring a seamless glass surround a. quartz counters. The family room beckons relaxation, offering seamless indoor-outdoor living with 8-foot sliders leading to a vast covered lanai overlooking a tranquil preserve.

Supplements: Whether it's a quiet morning coffee or a lively gathering, this space promises serenity and privacy. The Master and second bedrooms boast brand new carpet, and the third bedroom has 8-foot glass French doors and this room is currently being used as a study, but could easily be converted into a third bedroom with the addition of a closet. Privacy i ... (Read more)

Listing Details MLS# 2015558

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1901
Living Area Source: Public Records
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.21
Association YN: Yes
Association Fee: 45
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2207.02
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: No
Directions: Take I-295 S, FL-13 S and Roberts Rd to Orange Branch Trail/Rivertown Main St in St. Johns County. Continue on Rivertown Main St. Take Orange Branch Trail to Pine Beach Dr!
Public Remarks: MOTIVATED SELLER!!!! **AGENTS SEE PRIVATE REMARKS** Welcome to River Town, Northeast Florida's premier riverfront lifestyle community, where relaxation meets modern convenience. Step into the Egret floorplan, a 3-bedroom, 2-bath residence full of elegance and comfort. Entertain with ease in the heart of this home - the kitchen, with custom 42'' espresso cabinets, a sprawling California island with seating for four, and stainless-steel appliances including a gas range and refrigerator. A butler's pantry adds convenience with quartz counters and ample storage. The master bedroom is a sanctuary of its own, boasting ample space, an en-suite bathroom with a walk-in shower featuring a seamless glass surround a. quartz counters. The family room beckons relaxation, offering seamless indoor-outdoor living with 8-foot sliders leading to a vast covered lanai overlooking a tranquil preserve.
List Price/SqFt: 262.49
Sold Price/SqFt: 257.76

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Water Heater; Gas Range; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Available; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Construction Materials: Fiber Cement Patio And Porch Features: Covered; Porch; Rear Porch Pool Features: In Ground Spa Features: Heated Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener View: Protected Preserve Fencing: Back Yard; Vinyl Current Use: Residential Association Amenities: Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Management - On Site; Park; Playground; Spa/Hot Tub; Tennis Court(s) Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing; Lender Approval