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.

168 COSTA BLANCA Road, St. Augustine, FL 32095 (MLS# 1040194)

168 COSTA BLANCA Road, St. Augustine, FL 32095

$869,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,748 Status: Closed

Current Price: $869,000 List Date: 3/02/2020 Last Modified: 9/11/2024

Overview

Description

Coastal design with incredible sunrise views over the Inter coastal from your beautiful and very private 2 acre estate size lot. A totally private street, within the Palencia community , has only 3 homes and no more will be built. As you enter walls of glass bring your gaze immediately to the sweeping inter-coastal views. Enjoy your second floor screened porch where your views expand further allowing you to tranquilly gaze for miles. This open floor plan with vaulted ceilings provides Florida living at its best. Over-sized garage, in depth and height, will accommodate a boat. Enjoy the lifestyle in this one of a kind location.

Listing Details MLS# 1040194

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3748
Living Area Source: Public Records
Year Built: 2015
Lot Size Dimensions: 2.1 Acre
Association YN: Yes
Association Fee: 73
Association Fee Frequency: Annually
Association Name: Palencia POA
CDD Fee YN: Yes
CDD Fee Amount: 4786.11
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Directions: US 1 south to Palenica. First right at round about, thru guard gate. Right on N River, Left on Hickory Hill, Right on Costa Blanca
Public Remarks: Coastal design with incredible sunrise views over the Inter coastal from your beautiful and very private 2 acre estate size lot. A totally private street, within the Palencia community , has only 3 homes and no more will be built. As you enter walls of glass bring your gaze immediately to the sweeping inter-coastal views. Enjoy your second floor screened porch where your views expand further allowing you to tranquilly gaze for miles. This open floor plan with vaulted ceilings provides Florida living at its best. Over-sized garage, in depth and height, will accommodate a boat. Enjoy the lifestyle in this one of a kind location.
List Price/SqFt: 231.86
Sold Price/SqFt: 231.86

Property Features

Approx Parcel Size: 1.1 to 2.5 Acres Appliances: Dishwasher; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Concrete; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Cable Connected; Natural Gas Available Cooling: Central Air Heating: Central; Heat Pump Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Exterior Features: Balcony Patio And Porch Features: Front Porch; Patio Pool Features: In Ground; Heated; None Roof: Metal Parking Features: Additional Parking; Attached; Circular Driveway; Garage; Garage Door Opener; RV Access/Parking Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear; Wooded View: Protected Preserve; Water Waterfront Features: Intracoastal; Pond Current Use: Residential; Single Family Association Amenities: Basketball Court; Boat Dock; Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Playground; Sauna; Security; Tennis Court(s); Trash Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-03-02

Location Tax and Legal

Street Number: 168
Street Name: COSTA BLANCA
Street Suffix: Road
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2020-05-09T12:34:04Z
Major Change Type: Status Change
Purchase Contract Date: 2020-04-24
Close Date: 2020-05-08
Close Price: 869000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Kitchen-Solid Surface Countertops: Y, Stone Fireplace: Y, Structure Builder: Jewell Homes LLC, Golf Course Comm: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Sliding Glass Door(s): Y, Down-Draft Cook top: Y, Flood Insurance Required: Y, Oversize Garage/Storage: Y, Fireplace Mantle: Y, Structure Slab: Y

Room Information

Room Name
Great Room
Office

Listing Office: WATSON REALTY CORP

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.