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 SHIPWRECK Avenue, Ponte Vedra, FL 32081 (MLS# 1232808)

200 S SHIPWRECK Avenue, Ponte Vedra, FL 32081

$1,050,000

Virtual Tour

https://youtu.be/mT5BHQ-HeMg

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,536 Status: Closed

Current Price: $1,050,000 List Date: 7/05/2023 Last Modified: 2/24/2025

Overview

Description

Beautiful family pool home in desirable Marsh Harbor! This charming Pulte home features a fabulous floor plan, High ceilings & natural light beaming inside! BRAND NEW ROOF! Kitchen & breakfast nook open to a triple slider that brings the outdoors in! Relax out on the pool deck or in the hot tub, enjoy cool evening breezes off the ICW! There's a community dock to meet your boat! Pick up your crew & cooler for a day on the water! Well equipped summer kitchen w/ piped gas (inside kit as well) on covered lanai is perfect!! Guests will have their own suite w/ cabana bath to pool deck! Bonus room upstairs w/ en suite bath could be used as a 5th bedroom! Invisible fence for your pups! NO CDD fees in this gated community plus SCHOOLS ARE PONTE VEDRA! Come live the PVB dream in Marsh Harbor!

Listing Details MLS# 1232808

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3536
Living Area Source: Public Records
Year Built: 2004
Association YN: Yes
Association Fee: 558.25
Association Fee Frequency: Quarterly
Association Fee 2: 300
Association Name: Marsh Harbor @PalmVa
Association Phone: 904-242-0666
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Water Body Access YN: Yes
Waterfront YN: Yes
Stories: 2
Entry Level: Yes
Directions: So on A1a to Palm Valley Rd. S. Go through the roundabout proceed toward Nocatee make a left after the bridge then an immediate right into marsh harbor Go to end, right on Shipwreck home on left
Public Remarks: Beautiful family pool home in desirable Marsh Harbor! This charming Pulte home features a fabulous floor plan, High ceilings & natural light beaming inside! BRAND NEW ROOF! Kitchen & breakfast nook open to a triple slider that brings the outdoors in! Relax out on the pool deck or in the hot tub, enjoy cool evening breezes off the ICW! There's a community dock to meet your boat! Pick up your crew & cooler for a day on the water! Well equipped summer kitchen w/ piped gas (inside kit as well) on covered lanai is perfect!! Guests will have their own suite w/ cabana bath to pool deck! Bonus room upstairs w/ en suite bath could be used as a 5th bedroom! Invisible fence for your pups! NO CDD fees in this gated community plus SCHOOLS ARE PONTE VEDRA! Come live the PVB dream in Marsh Harbor!
List Price/SqFt: 339.37
Sold Price/SqFt: 296.95

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Entrance Foyer; In-Law Floorplan; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Cable Connected; Propane Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Security System Leased; Smoke Detector(s) Construction Materials: Frame; Stucco Other Structures: Outdoor Kitchen Patio And Porch Features: Patio; Porch; Screened Pool Features: In Ground; Gas Heat; Screen Enclosure Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Water Body Access Type: Community Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Boat Dock; Clubhouse; Community Pool; Laundry; Playground Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-06-16

Location Tax and Legal

Street Number: 200
Street Direction Prefix: S
Street Name: SHIPWRECK
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Marsh Harbor

Status Change Information

Major Change Timestamp: 2023-08-23T11:30:58Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-21
Close Date: 2023-08-22
Close Price: 1050000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Fireplace-Living Room: Y, Structure Builder: Pulte
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Landscape Lighting: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-French Door(s): Y, Fireplace Mantle: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Living Room
Family Room
Office
Bonus Room
Utility Room

Documents

HOA Disclosure ›

Elevation Certificate ›

Survey on File ›

Seller's Property Disclosure ›

Termite Bond ›

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: February - 24 - 2025

Information deemed reliable but not guaranteed.