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.

200 S ARABELLA Way, St. Johns, FL 32259 (MLS# 1060338)

200 S ARABELLA Way, St. Johns, FL 32259

$417,500

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,542 Status: Closed

Current Price: $417,500 List Date: 6/26/2020 Last Modified: 9/30/2026

Overview

Description

A tropical oasis awaits you in this beautiful well maintained home. Boasting a 15 by 30 saltwater pool with a swim up bar and summer kitchen. Wonderful for entertaining. Located in a gated community in the sought after St Johns county. This home has 4 bedrooms, three of them including the Master suite are upstairs and the 4th bedroom on the main level. New carpet and custom vinyl flooring. Open floor plan in the living space that includes a custom built in. Kitchen includes an eat in dining space, granite counter tops and has a new dishwasher. Custom wine cellar located by kitchen. CDD bond has been paid off, low annual maintenance fee applies HOA includes high speed internet, community pool with a water slide and club house and 24/7 physical security guard presence.

Listing Details MLS# 1060338

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2542
Living Area Source: Measured
Year Built: 2009
Association YN: Yes
Association Fee: 602
Association Fee Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 384.77
New Construction YN: No
Garage Spaces: 2
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From 95 south take exit CR210 W. Right into St Johns Forest community. At gate station provide address. Straight on St johns forest until the end. Turn left on S Arabella Way, home is on the left side
Public Remarks: A tropical oasis awaits you in this beautiful well maintained home. Boasting a 15 by 30 saltwater pool with a swim up bar and summer kitchen. Wonderful for entertaining. Located in a gated community in the sought after St Johns county. This home has 4 bedrooms, three of them including the Master suite are upstairs and the 4th bedroom on the main level. New carpet and custom vinyl flooring. Open floor plan in the living space that includes a custom built in. Kitchen includes an eat in dining space, granite counter tops and has a new dishwasher. Custom wine cellar located by kitchen. CDD bond has been paid off, low annual maintenance fee applies HOA includes high speed internet, community pool with a water slide and club house and 24/7 physical security guard presence.
List Price/SqFt: 165.22
Sold Price/SqFt: 164.24

Property Features

Approx Parcel Size: .25 to .5 Acre Appliances: Dishwasher; Disposal; Electric Range; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Water Softener Owned; Wine Cooler Interior Features: Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Vinyl Utilities: Cable Available; Cable Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Other Structures: Outdoor Kitchen Patio And Porch Features: Covered; Patio; Porch; Screened Pool Features: In Ground Roof: Shingle Parking Features: Additional Parking; Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard; Wrought Iron; Other Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Playground; Security; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-06-26

Location Tax and Legal

Street Number: 200
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: 2020-07-22T01:48:41Z
Major Change Type: Status Change
Purchase Contract Date: 2020-06-27
Close Date: 2020-07-21
Close Price: 417500

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Wine Cellar: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Atrium Door(s): Y, Satellite System - Owned: Y

More Information

Room Information

Room Name
Family Room
Utility Room

Listing Office: PACIFICO PROPERTIES

Last Updated: September - 30 - 2026

Information deemed reliable but not guaranteed.