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.

1701 THE GREENS Way 1112, Jacksonville Beach, FL (MLS# 699383)

1701 THE GREENS Way 1112, Jacksonville Beach, FL

$82,500

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 842 Status: Closed

Current Price: $82,500 List Date: 1/13/2014 Last Modified: 9/16/2025

Overview

Description

Cute Condo in The Palms at Marsh Landing. Has new carpet and paint, close to the beach with lots of shopping nearby.: “Selling AS IS”. Freddie Mac MAY reimburse up to $500 for owner occupant for 1 Year Home Warranty.

Listing Details MLS# 699383

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 842
Living Area Source: Public Records
Year Built: 2003
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 230
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Directions: JTB East, exit marsh Landing Parkway, Right on the Greens Way into The Palms at Marsh Landing.
Public Remarks: Cute Condo in The Palms at Marsh Landing. Has new carpet and paint, close to the beach with lots of shopping nearby.: “Selling AS IS”. Freddie Mac MAY reimburse up to $500 for owner occupant for 1 Year Home Warranty.
List Price/SqFt: 100.83
Sold Price/SqFt: 97.98

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Primary Bathroom - Tub with Shower Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Stucco Roof: Shingle Parking Features: Assigned Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Management - Full Time; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Trash Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2014-01-13

Location Tax and Legal

Street Number: 1701
Street Name: THE GREENS
Street Suffix: Way
County: Duval
State: FL
MLS Area Major: 214-Jacksonville Beach-SW

Status Change Information

Major Change Timestamp: 2014-02-24T19:35:11Z
Major Change Type: Status Change
Purchase Contract Date: 2014-02-03
Close Date: 2014-02-14
Close Price: 82500

Historical Information

Public Historical Remarks 1: OwnerApprPublicMktg: Foreclosed, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y
Public Historical Remarks 3: Unit Type: Flat, Ground Level, Occupant Type: Vacant, See ShowingAssist

More Information

Room Information

Room Name
Utility Room

Documents

Buyers Disclosure ›

Offer Instructions ›

Purchaser Agreement ›

Sample Addendum ›

Listing Office: CENTURY 21 Atkins Realty, Inc.

Last Updated: September - 16 - 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.

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