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.

1308 SALT RIDGE AVE, Jacksonville, FL 32218 (MLS# 1089283)

1308 SALT RIDGE AVE, Jacksonville, FL 32218

$199,559

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,707 Status: Closed

Current Price: $199,559 List Date: 1/07/2021 Last Modified: 9/11/2024

Overview

Description

Lennar Homes: Lincoln town home floor plan with 3 beds 2.5 bath, loft and 1 car garage. Open floor plan with Quartz kitchen counters, 42'' cabinets, stainless steel Frigidaire appliances(range, dishwasher, microwave and refrigerator), wood tile floors in wet areas & main floor, blinds throughout, screened lanai, washer/dryer.

Listing Details MLS# 1089283

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1707
Living Area Source: Public Records
Year Built: 2019
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: Yes
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Take Exit 363 off of I95, head west, turn left onto Duval Road and head north to Cole Rd., turn left and community is on left
Public Remarks: Lennar Homes: Lincoln town home floor plan with 3 beds 2.5 bath, loft and 1 car garage. Open floor plan with Quartz kitchen counters, 42'' cabinets, stainless steel Frigidaire appliances(range, dishwasher, microwave and refrigerator), wood tile floors in wet areas & main floor, blinds throughout, screened lanai, washer/dryer.
List Price/SqFt: 116.91
Sold Price/SqFt: 116.91

Property Features

Approx Parcel Size: Less than .25 Acre Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2020-02-27

Location Tax and Legal

Street Number: 1308
Street Name: SALT RIDGE AVE
County: Duval
State: FL
Postal Code: 32218
MLS Area Major: 091-Garden City/Airport
Subdivision Name: Spartina Cove

Status Change Information

Major Change Timestamp: 2021-01-07T17:15:45Z
Major Change Type: Status Change
Purchase Contract Date: 2020-02-27
Close Date: 2020-02-28
Close Price: 199559

Historical Information

Public Historical Remarks 1: Structure Builder: Lennar

More Information

Listing Office: NON MLS (realMLS)

Last Updated: September - 11 - 2024

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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