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.

1412 S BURGANDY Trail, St. Johns, FL 32259 (MLS# 2148986)

1412 S BURGANDY Trail, St. Johns, FL 32259

$1,100,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,487 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $1,100,000 List Date: 6/05/2026 Last Modified: 7/02/2026

Overview

Description

A FULLY REMODELED POOL HOME in one of St. Johns County's most coveted communities, JULINGTON CREEK PLANTATION. With over $300,000 in improvements during a full home remodel in 2024-2025, this home is practically new. Entire home features WHITE OAK HARDWOOD FLOORS. The STUNNING KITCHEN includes Platinus Brazilian Quartz Countertops, Wolf Range & Microwave, 42'' Subzero Refrigerator, & Cove Dishwasher. The downstairs owner's suite, which overlooks the pool, has HIS & HER CALIFORNIA CLOSETS & a large walk-in shower & a free-standing tub. The upstairs boasts a LOFT and 4 more bedrooms (2 are currently being used as a closet & an office). The HEATED POOL features a NEW TRAVERTINE DECK & SCREEN ENCLOSURE while the covered lanai has a SUMMER KITCHEN w/ a Blaze Gas Grill & Vikio Hood / Blower. Other features: Roof- 2020; Trane 4-ton HVAC - 2025; Rinnai Tankless W/H; GENERAC 22kw Generator; Water Softener. See Documents for full improvements & features list. Spectacular beyond measure!

Listing Details MLS# 2148986

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3487
Living Area Source: Appraiser
Year Built: 2003
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.41
Association YN: Yes
Association Fee: 580
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1426.73
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: 2
Senior Community YN: No
Directions: From Race Track Rd, turn onto Durbin Creek Blvd. Then turn onto Flora Branch Blvd. Continue on Flora Branch Blvd to the roundabout, and take the second exit onto W Primose Ln. Turn left onto S Burgandy Trail. Home will be on the left.
Public Remarks: A FULLY REMODELED POOL HOME in one of St. Johns County's most coveted communities, JULINGTON CREEK PLANTATION. With over $300,000 in improvements during a full home remodel in 2024-2025, this home is practically new. Entire home features WHITE OAK HARDWOOD FLOORS. The STUNNING KITCHEN includes Platinus Brazilian Quartz Countertops, Wolf Range & Microwave, 42'' Subzero Refrigerator, & Cove Dishwasher. The downstairs owner's suite, which overlooks the pool, has HIS & HER CALIFORNIA CLOSETS & a large walk-in shower & a free-standing tub. The upstairs boasts a LOFT and 4 more bedrooms (2 are currently being used as a closet & an office). The HEATED POOL features a NEW TRAVERTINE DECK & SCREEN ENCLOSURE while the covered lanai has a SUMMER KITCHEN w/ a Blaze Gas Grill & Vikio Hood / Blower. Other features: Roof- 2020; Trane 4-ton HVAC - 2025; Rinnai Tankless W/H; GENERAC 22kw Generator; Water Softener. See Documents for full improvements & features list. Spectacular beyond measure!
List Price/SqFt: 323.77
Sold Price/SqFt: 315.46

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned; Wine Cooler Fireplace Features: Electric Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Utilities: Cable Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air; Split System Heating: Central Electric: Whole House Generator Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Stucco Exterior Features: Outdoor Kitchen Patio And Porch Features: Covered; Deck; Patio; Screened Pool Features: In Ground; Gas Heat; Heated; Salt Water; Screen Enclosure Spa Features: Heated Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pool; Trees/Woods Fencing: Back Yard; Other Current Use: Residential Association Amenities: Children's Pool; Clubhouse; Community Pool; Fitness Center; Park; Playground; Tennis Court(s) Possession: Close Of Escrow; Negotiable Listing Terms: Cash; Conventional; VA Loan Contingency Reason: Financing; Inspection