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.

157 SHELBYS COVE Court, Ponte Vedra Beach, FL (MLS# 732345)

157 SHELBYS COVE Court, Ponte Vedra Beach, FL

$210,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,821 Status: Closed

Current Price: $210,000 List Date: 3/03/2015 Last Modified: 3/04/2025

Overview

Description

Great price for a 4 bedroom home in Ponte Vedra! Tucked away in a convenient area near Butler, shopping & beach! Low maintenance yard! Home with bonus room or bedroom over garage!

Listing Details MLS# 732345

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1821
Living Area Source: Public Records
Year Built: 1997
Association YN: Yes
Association Fee: 105
Association Fee Frequency: Quarterly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: S on A1A;W on Ponte Vedra Lakes Blvd;L on Marsh Cove Lane;R into Marsh Cove;L on Shelbys Cove Ct.
Public Remarks: Great price for a 4 bedroom home in Ponte Vedra! Tucked away in a convenient area near Butler, shopping & beach! Low maintenance yard! Home with bonus room or bedroom over garage!
List Price/SqFt: 118.01
Sold Price/SqFt: 115.32

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Eat-in Kitchen Flooring: Carpet Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned Construction Materials: Stucco Patio And Porch Features: Porch Pool Features: None Roof: Shingle Parking Features: Attached; Garage Current Use: Residential Association Amenities: Community Pool; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-08-13

Location Tax and Legal

Street Number: 157
Street Name: SHELBYS COVE
Street Suffix: Court
County: St. Johns
State: FL
MLS Area Major: 252-Ponte Vedra Beach-W Of A1A-N Of Solana Rd
Subdivision Name: Marsh Cove

Status Change Information

Major Change Timestamp: 2023-11-13T20:15:54Z
Major Change Type: Price Reduced
Price Change Timestamp: 2014-12-04T18:03:23Z
Purchase Contract Date: 2015-05-18
Close Date: 2015-06-17
Close Price: 210000

Historical Information

Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Call Listing Office

More Information

Documents

Seller Disclosure ›

Listing Office: ALL SOUTH REALTY, INC.

Last Updated: March - 04 - 2025

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.