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.

149 DEER COVE Drive, Ponte Vedra Beach, FL 32082 (MLS# 2070354)

149 DEER COVE Drive, Ponte Vedra Beach, FL 32082

$1,000,000

Virtual Tour

https://my.matterport.com/show/?m=GFcbbZZ5JCf

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,083 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $1,000,000 List Date: 2/20/2025 Last Modified: 3/24/2025

Overview

Description

This beautiful home is conveniently situated on a cul-de-sac in the exceptionally private, gated community of Marsh Landing Country Club. This elegantly appointed custom home provides ample outdoor living with sweeping waterfront views. The floor plan offers open spaces to gather, tranquil places to retreat, and a natural flow for entertaining. The entry features soaring 24' ceilings and new plank floors reflect the bright natural light found throughout the home. The recently renovated kitchen features custom cabinetry, double ovens, induction cooktop, beverage fridge, granite counters and lots of space to cook and entertain. A grand staircase leads to a 2nd floor loft, three bright bedrooms and full bath. On the main floor is an office, laundry, guest bath, wellness area and private outdoor retreat, an expansive living area, and large primary suite with two walk-in closets.

Listing Details MLS# 2070354

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3083
Living Area Source: Public Records
Year Built: 1997
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.22
Association YN: Yes
Association Fee: 1005
Association Fee Frequency: Quarterly
Association Fee 2: 257
Association Fee 2 Frequency: Quarterly
Association Name: Marsh Landing Property Management
Association Phone: 904-273-3033
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Directions: Marsh Landing North gate to Marsh Landing Pkwy. First Left on Deer Lake and turn left onto Deer Cove to end of Cul-de- Sac. House is on the right.
Public Remarks: This beautiful home is conveniently situated on a cul-de-sac in the exceptionally private, gated community of Marsh Landing Country Club. This elegantly appointed custom home provides ample outdoor living with sweeping waterfront views. The floor plan offers open spaces to gather, tranquil places to retreat, and a natural flow for entertaining. The entry features soaring 24' ceilings and new plank floors reflect the bright natural light found throughout the home. The recently renovated kitchen features custom cabinetry, double ovens, induction cooktop, beverage fridge, granite counters and lots of space to cook and entertain. A grand staircase leads to a 2nd floor loft, three bright bedrooms and full bath. On the main floor is an office, laundry, guest bath, wellness area and private outdoor retreat, an expansive living area, and large primary suite with two walk-in closets.
List Price/SqFt: 324.04
Sold Price/SqFt: 324.36

Property Features

Architectural Style: Traditional Levels: Two Rental Restrictions: Other Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Induction Cooktop; Refrigerator; Washer; Water Softener Rented; Wine Cooler; Other Fireplace Features: Gas Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Propane Cooling: Central Air; Electric; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard Construction Materials: Frame; Stucco Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Current Use: Residential Association Amenities: Gated; Jogging Path; Management - Full Time; Management - Off Site; Park; Playground Association Fee Includes: Security Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Financing; Inspection