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.

166 CASPIA Lane, Ponte Vedra, FL 32081 (MLS# 849072)

166 CASPIA Lane, Ponte Vedra, FL 32081

$1,850

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,395 Status: Closed

Current Price: $1,850 List Date: 9/26/2016 Last Modified: 1/03/2025

Overview

Description

Welcome to gated & age restricted Del Webb Ponte Vedra in Nocatee. This 2 year old Gray Myst model will be available Nov 1. PRIVATE PRESERVE VIEW! SCREENED LANAI! This model has 2 bedrooms + office, screened lanai, ceiling fans and a 2 car garage w/4' extension, SS appliances, tile floors and granite counter tops. Tenant enjoys full use of the Del Webb amenities as well as the Nocatee Splash Park. RENTAL RATE INCLUDES LAWN CUTTING & LANDSCAPING MAINTENANCE. TENANT PAYS ALL UTILITIES. Located a short bike ride from the Nocatee Town Center and just 10+ minutes from Ponte Vedra Beach shopping, restaurants and the ocean. Nocatee is a golf cart friendly community!

Listing Details MLS# 849072

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1395
Living Area Source: Public Records
Year Built: 2014
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: Yes
Directions: From Del Webb Entrance, Go thru guard gate, R on River Run, L on Foxtail, R on Caspia. House is on the R.
Public Remarks: Welcome to gated & age restricted Del Webb Ponte Vedra in Nocatee. This 2 year old Gray Myst model will be available Nov 1. PRIVATE PRESERVE VIEW! SCREENED LANAI! This model has 2 bedrooms + office, screened lanai, ceiling fans and a 2 car garage w/4' extension, SS appliances, tile floors and granite counter tops. Tenant enjoys full use of the Del Webb amenities as well as the Nocatee Splash Park. RENTAL RATE INCLUDES LAWN CUTTING & LANDSCAPING MAINTENANCE. TENANT PAYS ALL UTILITIES. Located a short bike ride from the Nocatee Town Center and just 10+ minutes from Ponte Vedra Beach shopping, restaurants and the ocean. Nocatee is a golf cart friendly community!
List Price/SqFt: 1.36
Sold Price/SqFt: 1.33

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Washer; Water Softener Owned Interior Features: Breakfast Bar; Entrance Foyer; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Accessibility Features: Accessible Common Area Patio And Porch Features: Screened Pool Features: None Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Pest Control Security Features: Smoke Detector(s) View: Protected Preserve Utilities: Cable Available; Separate Water Meters Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Tenant Pays: Cable TV; Electricity; Sewer; Water Pets Allowed: No

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-09-26
Lease Term: 12 Months

Location Tax and Legal

Street Number: 166
Street Name: CASPIA
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2023-11-19T19:06:44Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-12-09T19:10:50Z
Purchase Contract Date: 2017-01-01
Close Date: 2017-01-08
Close Price: 1850

Deposits and Fees

Application Fee: 45
Security Deposit: 2000

More Information

Historical Information

Public Historical Remarks 1: Restrictions-Number of Families: Y, Tenant Pays Basic Phone: Y, Water - Public: Y, Assoc Appl Fee: N, Roof: Shingle, Wall-to-Wall Carpet: Y, Per Period: 2000, Common Club Amenities-Club Facilities: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y
Public Historical Remarks 2: Restrictions-Number of Occupants: Y, Occupancy: Immediate, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Stucco, Tile Floors: Y, Min Lease/Rent Term: 12 mos, Cleaning Fee: 200, Tenant Pays-Phone Long Distance: Y, Utilities-Underground: Y, Covenants/Restrictions: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Bike Path: Y, Interior Amenities-Sliding Glass Door(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 3: Date Available: 10-31-2016

Room Information

Room Name
Office
Primary Bedroom
Bedroom 1
Bonus Room
Kitchen
Dining Room
Family Room

Documents

Gray Myst Floor Plan ›

Rental Application ›

Riverwood Rules & Regs. ›

Riverwood Assoc. Docs. ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 03 - 2025

Information deemed reliable but not guaranteed.