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.

211 COLIMA Court 1128, Ponte Vedra Beach, FL 32082 (MLS# 2149530)

211 COLIMA Court 1128, Ponte Vedra Beach, FL 32082

$240,000

Screened patio, view of 1st storage unit door

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,163 Status: Closed

Current Price: $240,000 List Date: 6/12/2026 Last Modified: 8/20/2026

Overview

Description

Welcome to Grand Cay Villas, a sought-after gated community in the heart of Ponte Vedra Beach, where convenience, comfort, and coastal living come together. This move-in-ready second-floor condominium offers 2 bedrooms, 2 full bathrooms, and the rare bonus of two private storage units, perfect for beach gear, bicycles, golf clubs, and seasonal items. Freshly repainted throughout and featuring brand-new carpeting, this inviting home offers a bright, clean interior with a functional floor plan, spacious living areas, comfortable bedrooms, and a private screened balcony to relax and enjoy the Florida lifestyle. Residents enjoy exceptional community amenities, including a gated entrance, resort-style swimming pool, fitness center, clubhouse, playground, and car care center. Ideally located just minutes from the beaches, TPC Sawgrass, Mayo Clinic, shopping, dining, and top-rated St. Johns County schools, this home offers an outstanding combination of location and value.

Listing Details MLS# 2149530

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1163
Living Area Source: Public Records
Year Built: 1996
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 715
Association Fee Frequency: Monthly
Association Name: MAY Management
Association Phone: 904-280-3787
CDD Fee YN: No
Accessibility Features YN: No
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: Yes
Stories Total: 3
Entry Level: 2
Senior Community YN: No
Directions: JTB to A1A south to ATP Blvd. Right on ATP Blvd. to Grand Cay Villas on right. Note: Gated Community. Make first right after gate and follow road to building 211 on left. Unit is on the second floor.
Public Remarks: Welcome to Grand Cay Villas, a sought-after gated community in the heart of Ponte Vedra Beach, where convenience, comfort, and coastal living come together. This move-in-ready second-floor condominium offers 2 bedrooms, 2 full bathrooms, and the rare bonus of two private storage units, perfect for beach gear, bicycles, golf clubs, and seasonal items. Freshly repainted throughout and featuring brand-new carpeting, this inviting home offers a bright, clean interior with a functional floor plan, spacious living areas, comfortable bedrooms, and a private screened balcony to relax and enjoy the Florida lifestyle. Residents enjoy exceptional community amenities, including a gated entrance, resort-style swimming pool, fitness center, clubhouse, playground, and car care center. Ideally located just minutes from the beaches, TPC Sawgrass, Mayo Clinic, shopping, dining, and top-rated St. Johns County schools, this home offers an outstanding combination of location and value.
List Price/SqFt: 214.1
Sold Price/SqFt: 206.36

Property Features

Architectural Style: Traditional Levels: Three Or More Rental Restrictions: 3 Months Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Open Floorplan; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Stucco Exterior Features: Balcony Parking Features: Assigned; Guest Lot Features: Many Trees Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Gated; Management - On Site; Playground Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Trash Community Features: Gated Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA Contingency Reason: Inspection