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.

21 CYPRESS BAY Drive, Ponte Vedra, FL 32081 (MLS# 848761)

21 CYPRESS BAY Drive, Ponte Vedra, FL 32081

$260,500

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,395 Status: Closed

Current Price: $260,500 List Date: 9/23/2016 Last Modified: 1/03/2025

Overview

Description

PRICE REDUCTION - NOW $262,900 and what a bargain! Priced well below the cost of new construction and without the hassle. Features include: tray ceilings, $8K in new tile, $1K in new MBR carpet, 5 ceiling fans, owned water softener, all appliances stay, $1K in MBR blinds, $2.2K landscaping project just completed, epoxy floor in the 4'extended garage featuring $2.5K work bench equipped with lots of storage cabinets, beautiful palm tree in the front yard, huge MBR walk in closet, screened lanai with rear privacy, nice lot spacing on each side of the house, upgraded bronze plumbing fixtures and granite counter tops in kitchen. Home is situated in scenic 55+ Del Webb neighborhood and includes Nocatee amenities like the Splash Park, Dog park and more. Loaded with options and ready to move in.

Supplements: in.

Listing Details MLS# 848761

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1395
Living Area Source: Public Records
Year Built: 2013
Association YN: Yes
Association Fee: 160
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1240.63
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Directions: Proceed thru gates of Del Webb. Turn right at the first stop sign onto River Run. Take the third left onto Cypress Bay. House is the second one on the left. 21 Cypress Bay Drive.
Public Remarks: PRICE REDUCTION - NOW $262,900 and what a bargain! Priced well below the cost of new construction and without the hassle. Features include: tray ceilings, $8K in new tile, $1K in new MBR carpet, 5 ceiling fans, owned water softener, all appliances stay, $1K in MBR blinds, $2.2K landscaping project just completed, epoxy floor in the 4'extended garage featuring $2.5K work bench equipped with lots of storage cabinets, beautiful palm tree in the front yard, huge MBR walk in closet, screened lanai with rear privacy, nice lot spacing on each side of the house, upgraded bronze plumbing fixtures and granite counter tops in kitchen. Home is situated in scenic 55+ Del Webb neighborhood and includes Nocatee amenities like the Splash Park, Dog park and more. Loaded with options and ready to move in.
List Price/SqFt: 188.46
Sold Price/SqFt: 186.74

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Built-in Features; Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Community Pool; Fitness Center; Jogging Path; Security; Tennis Court(s) Road Surface Type: Asphalt Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-09-22

Location Tax and Legal

Street Number: 21
Street Name: CYPRESS BAY
Street Suffix: Drive
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: 2023-11-14T06:42:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-10-10T16:48:46Z
Purchase Contract Date: 2016-11-07
Close Date: 2016-12-14
Close Price: 260500

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Oversize Garage/Storage: Y

More Information

Room Information

Room Name
Family Room
Office

Documents

Seller's Disclosure ›

Listing Office: COUNTRY CLUB REAL ESTATE

Last Updated: January - 03 - 2025

Information deemed reliable but not guaranteed.