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.

192 ORCHARD PASS Avenue 537, Ponte Vedra, FL 32081 (MLS# 2053002)

192 ORCHARD PASS Avenue 537, Ponte Vedra, FL 32081

$345,000

Monterey Condos in Del Webb Ponte Vedra, Florida

LRVirtual Staging AI - 07_192_Orchard_Pa

KitVirtual Staging AI - 11_192_Orchard_P

PrimStaging AI - 17_192_Orchard_Pass_14_

OutsideVirtual Staging AI - 28_192_Orcha

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,002 Status: Closed

Current Price: $345,000 List Date: 10/22/2024 Last Modified: 1/10/2025

Overview

Description

With a Southeast facing balcony, soak the morning sun and afternoon shade make it perfect for an outdoor breakfast and afternoon tea. Water views from the screened in balcony on the 3rd floor in gated Del Webb Ponte Vedra. This Condo building has an elevator for easy access! Elegance and grand entry feel. This THIRD floor condo has three bedrooms and TWO full bathrooms. Formal Dining area, well appointed kitchen open to the breakfast area and living room. NEW water heater, entire interior of home was just painted and all carpet was replaced. The kitchen is well appointed with stainless steel appliances and new sink faucet. Washer and Dryer and fridge are also conveying. Primary Bedroom is on one side of the home with it's own spacious primary bath and walk in closet. The other two bedrooms and full bathroom are on the other side of the home. Spacious living room with built ins in the living room. Nice spacious screened balcony is off the primary and living room w/ views of the pond.

Supplements: There is also a storage closet outside off the balcony. Lots of natural light, nice views from the windows and spacious feel. This masterpiece is move in ready. The building has a grand entrance on the first floor that leads you to the elevators. Easy access. This property is part of Del Webb Ponte Vedra, Florida and is located in a gated community ... (Read more)

Listing Details MLS# 2053002

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2002
Living Area Source: Estimated
Year Built: 2007
Association YN: Yes
Association Fee: 220
Association Fee Frequency: Monthly
Association Fee 2: 510
Association Fee 2 Frequency: Monthly
Association Name: Monterey Condo Association
CDD Fee YN: Yes
CDD Fee Amount: 1541.29
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 3
Stories Total: 4
Senior Community YN: Yes
Directions: From Crosswater Parkway, turn LEFT into Del Webb. Go through the guard gate, take a Right follow the road to the Monterey Condominium.
Public Remarks: With a Southeast facing balcony, soak the morning sun and afternoon shade make it perfect for an outdoor breakfast and afternoon tea. Water views from the screened in balcony on the 3rd floor in gated Del Webb Ponte Vedra. This Condo building has an elevator for easy access! Elegance and grand entry feel. This THIRD floor condo has three bedrooms and TWO full bathrooms. Formal Dining area, well appointed kitchen open to the breakfast area and living room. NEW water heater, entire interior of home was just painted and all carpet was replaced. The kitchen is well appointed with stainless steel appliances and new sink faucet. Washer and Dryer and fridge are also conveying. Primary Bedroom is on one side of the home with it's own spacious primary bath and walk in closet. The other two bedrooms and full bathroom are on the other side of the home. Spacious living room with built ins in the living room. Nice spacious screened balcony is off the primary and living room w/ views of the pond.
List Price/SqFt: 187.06
Sold Price/SqFt: 172.33

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Elevator; Entrance Foyer; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Utilities: Electricity Available; Electricity Connected; Water Available; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Smoke Detector Construction Materials: Block; Stucco Exterior Features: Balcony; Tennis Court(s) Patio And Porch Features: Screened Roof: Shingle Parking Features: Covered; Gated View: Pond Current Use: Residential Association Amenities: Clubhouse; Community Pool; Elevator(s); Fitness Center; Gated; Jogging Path; Maintenance Grounds; Pickleball; Tennis Court(s); Trash; Water Association Fee Includes: Maintenance Grounds; Maintenance Structure; Water Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2024-10-22

Location Tax and Legal

Street Number: 192
Street Name: ORCHARD PASS
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2025-01-10T20:57:06Z
Major Change Type: Status Change
Purchase Contract Date: 2024-12-09
Close Date: 2025-01-10
Close Price: 345000

DPR Eligible

DPR Eligible: No

More Information

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: January - 10 - 2025

Information deemed reliable but not guaranteed.