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.

229 COOL SPRINGS Avenue, Ponte Vedra, FL 32081 (MLS# 2083792)

229 COOL SPRINGS Avenue, Ponte Vedra, FL 32081

$3,500

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,207 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $3,500 List Date: 4/25/2025 Last Modified: 6/01/2025

Overview

Description

Toll Brothers Cardinal Elite Floorplan. This home has gourmet kitchen with premium finishes through out such as quartz cabinet top, 42 inch soft close cabinets with pot and pan drawers, tower microwave / oven. Open plan for Florida lifestyle entertaining with access to covered lanai with gas stub out for grilling. Expanded primary bedroom with large walk in closet that opens to the laundry room for convenience making this a People favorite! Retreat to upstairs by oak stairs and open railing to very spacious loft , bedroom and bath. Enjoy morning coffee on the front porch. Enjoy being so close to Nocatee dining, shopping and amenities. ***Rent includes lawn cut. Tenant must have credit score over 680 and income three times more than the rental price, no smoking.

Listing Details MLS# 2083792

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2207
Living Area Source: Builder
Year Built: 2023
Lot Size Acres: 0.11
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From A1A and US 1, take Nocatee Pkwy. Exit Crosswater Pkwy south. At traffic light turn right onto Nocatee Village Dr., Turn right on Crestview Drive, Left on to Cool Springs Avenue. Home on right.
Public Remarks: Toll Brothers Cardinal Elite Floorplan. This home has gourmet kitchen with premium finishes through out such as quartz cabinet top, 42 inch soft close cabinets with pot and pan drawers, tower microwave / oven. Open plan for Florida lifestyle entertaining with access to covered lanai with gas stub out for grilling. Expanded primary bedroom with large walk in closet that opens to the laundry room for convenience making this a People favorite! Retreat to upstairs by oak stairs and open railing to very spacious loft , bedroom and bath. Enjoy morning coffee on the front porch. Enjoy being so close to Nocatee dining, shopping and amenities. ***Rent includes lawn cut. Tenant must have credit score over 680 and income three times more than the rental price, no smoking.
List Price/SqFt: 1.63
Sold Price/SqFt: 1.59

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Levels: Two Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Breakfast Bar Laundry Features: In Unit Association Amenities: Community Pool; Dog Park; Fitness Center Water Source: Public Parking Features: Garage Sewer: Public Sewer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: All Utilities Pets Allowed: Yes; Dogs OK

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/XUaIdoU
Property Sub Type: Duplex
Listing Contract Date: 2025-04-24
Lease Term: 12 Months
Availability Date: 2025-05-27

Location Tax and Legal

Street Number: 229
Street Name: COOL SPRINGS
Street Suffix: Avenue
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: West End At Town Center

Status Change Information

Major Change Timestamp: 2025-06-01T14:50:08Z
Major Change Type: Status Change
Purchase Contract Date: 2025-04-27
Close Date: 2025-06-01
Close Price: 3500

Deposits and Fees

Pet Fee/Deposit: 400
Security Deposit: 3600

More Information

Listing Office: LOKATION

Last Updated: June - 01 - 2025

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.

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