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.

188 S ARABELLA Way, St. Johns, FL 32259 (MLS# 893082)

188 S ARABELLA Way, St. Johns, FL 32259

$312,900

Virtual Tour

http://tour.vht.com/433623234/idx

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,339 Status: Closed

Current Price: $312,900 List Date: 7/22/2017 Last Modified: 12/30/2025

Overview

Description

Gorgeous two story home in the premier gated community of St. Johns Forest. Rich bamboo flooring extends from the grand foyer throughout the entire 1st level. The spacious kitchen boasts granite counters, butcher block prep island & is gas plumbed. The open concept layout transitions into an inviting living area with custom tile fire place. The owners suite has a huge walk in closet, soaking tub, tiled shower, and reading nook. Plantation Shutters on all windows complement the high end appeal of the home. Laundry room is conveniently located on the 2nd floor. The backyard is fully fenced and has plenty of room for pets and a pool. The top level amenities include a lap pool w/ tower slide, tennis courts, soccer activities field, clubhouse, etc. All of this and top rated St Johns Schools.

Supplements: Butler pass through between formal dining room and kitchen. New efficient Carrier air handler on second floor. One bed and bath is conveniently located downstairs. Lots of extra storage space in garage attic as well.

Listing Details MLS# 893082

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2339
Living Area Source: Public Records
Year Built: 2009
Homestead YN: Yes
Association YN: Yes
Association Fee: 201
Association Fee Frequency: Monthly
Association Name: Saint Johns Forest
CDD Fee YN: Yes
CDD Fee Amount: 1557.77
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From I-95 go west on CR210 to St. Johns Forest Blvd. St. Johns Forest Blvd to S. Arabella Way. House is on left side of street. OR Use GPS.
Public Remarks: Gorgeous two story home in the premier gated community of St. Johns Forest. Rich bamboo flooring extends from the grand foyer throughout the entire 1st level. The spacious kitchen boasts granite counters, butcher block prep island & is gas plumbed. The open concept layout transitions into an inviting living area with custom tile fire place. The owners suite has a huge walk in closet, soaking tub, tiled shower, and reading nook. Plantation Shutters on all windows complement the high end appeal of the home. Laundry room is conveniently located on the 2nd floor. The backyard is fully fenced and has plenty of room for pets and a pool. The top level amenities include a lap pool w/ tower slide, tennis courts, soccer activities field, clubhouse, etc. All of this and top rated St Johns Schools.
List Price/SqFt: 134.63
Sold Price/SqFt: 133.78

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Gas Water Heater; Ice Maker; Microwave; Refrigerator Fireplace Features: Gas Interior Features: Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Natural Gas Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Playground; Tennis Court(s); Trash Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-07-22

Location Tax and Legal

Street Number: 188
Street Direction Prefix: S
Street Name: ARABELLA
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: St Johns Forest

Status Change Information

Major Change Timestamp: 2017-09-27T17:16:56Z
Major Change Type: Status Change
Purchase Contract Date: 2017-08-09
Close Date: 2017-09-27
Close Price: 312900

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Landscape Lighting: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Fireplace Mantle: Y, Tile Fireplace: Y, Structure Slab: Y

Room Information

Room Name
Family Room
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.