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.

221 MARQUESA Circle, St. Johns, FL 32259 (MLS# 1131364)

221 MARQUESA Circle, St. Johns, FL 32259

$676,767

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,785 Status: Closed

Current Price: $676,767 List Date: 9/15/2021 Last Modified: 9/30/2026

Overview

Description

Boca elevation ''F''. Estimated completion is Spring of 2022.

Listing Details MLS# 1131364

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2785
Living Area Source: Plans
Year Built: 2021
Association YN: Yes
Association Fee: 1494
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 3922
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: From I-95, take exit 329 and take CR Highway 210 East about one mile until you arrive at the Beachwalk entrance on the left. Turn into the community and follow the signs to Dream Finders Homes.
Public Remarks: Boca elevation ''F''. Estimated completion is Spring of 2022.
List Price/SqFt: 243.44
Sold Price/SqFt: 243

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Dishwasher; Disposal; Gas Range; Microwave; Tankless Water Heater Interior Features: Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Covered; Patio Roof: Metal Parking Features: Additional Parking Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-09-15

Location Tax and Legal

Street Number: 221
Street Name: MARQUESA
Street Suffix: Circle
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2023-11-17T05:13:19Z
Major Change Type: Price Change
Price Change Timestamp: 2021-12-01T15:35:58Z
Purchase Contract Date: 2022-01-08
Close Date: 2022-04-28
Close Price: 676767

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Interior Amenities-Bay/Bow Window(s): Y
Public Historical Remarks 2: Dining-Dining 'L': Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

Listing Office: DREAM FINDERS REALTY LLC

Last Updated: September - 30 - 2026

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.