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.

212 N RIVER Drive, St. Augustine, FL 32095 (MLS# 747926)

212 N RIVER Drive, St. Augustine, FL 32095

$250,000

Property Type: Land Lot Size (sq. ft.): 50,965 Status: Closed

Current Price: $250,000 List Date: 12/03/2014 Last Modified: 12/20/2024

Overview

Description

BEAUTIFUL ESTATE LOT WITH MARSH VIEWS.

Listing Details MLS# 747926

General Property Information

Lot Size Acres: 1.17
Lot Size Dimensions: 1.17 ACRE
CDD Fee YN: Yes
CDD Fee Amount: 4533
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Annually
Water Body Access YN: No
Waterfront YN: Yes
Directions: US1 TO PALENCIA VILLAGE DRIVE, RIGHT AT ROUND ABOUT TO SOUTH LOOP. RIGHT ON NORTH RIVER DRIVE.
Public Remarks: BEAUTIFUL ESTATE LOT WITH MARSH VIEWS.
List Price/Acre: 213675.21
Sold Price/Acre: 213675.21

Property Features

Current Use: Single Family Lot Features: Wooded Sewer: Public Sewer Utilities: Natural Gas Available Water Source: Public Waterfront Features: Marsh Road Surface Type: Asphalt Association Amenities: Basketball Court; Boat Dock; Children's Pool; Community Pool; Fitness Center; Jogging Path; Playground; Tennis Court(s) Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2014-12-02

Location Tax and Legal

Street Number: 212
Street Direction Prefix: N
Street Name: RIVER
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2014-12-03T21:03:52Z
Major Change Type: Status Change
Purchase Contract Date: 2014-12-02
Close Date: 2014-12-03
Close Price: 250000

Historical Information

Public Historical Remarks 1: Common ClubAmenities-Nature Trails: Y, Common ClubAmenities-Bike Path: Y, Lot Location-Golf Course Comm: Y
Public Historical Remarks 2: Utilities-Underground: Y, Common ClubAmenities-Soccer Fields: Y, Common ClubAmenities-Baseball Field(s): Y

More Information

Listing Office: PALENCIA REALTY, LLC

Last Updated: December - 20 - 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.