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.

23 FOREST SPRING Drive, Ponte Vedra, FL 32081 (MLS# 2078862)

23 FOREST SPRING Drive, Ponte Vedra, FL 32081

$2,800

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,425 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $2,800 List Date: 3/31/2025 Last Modified: 4/13/2025

Overview

Description

Beautiful lake front home in the sought after Del Webb Ponte Vedra community. This 55+ community has so much to offer, enjoy the Anastasia Club w/indoor & outdoor pools, spa, sauna, fitness center, tennis, Pickel ball, bocce ball and a full-time activities director as well as all Nocatee amenities. Houses comes complete with all appliances including washer and dryer. Close to resident only gate for easy entry and exit to the community. Pets are allowed on a case-by-case basis with an annual pet fee.

Listing Details MLS# 2078862

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1425
Living Area Source: Assessor
Year Built: 2019
Lot Size Acres: 0.17
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Senior Community YN: Yes
Directions: Turn into Del Webb & through guard gate, right on River Run Blvd. right on Pineland Bay Dr. Left on Forest Spring 1st home on left corner.
Public Remarks: Beautiful lake front home in the sought after Del Webb Ponte Vedra community. This 55+ community has so much to offer, enjoy the Anastasia Club w/indoor & outdoor pools, spa, sauna, fitness center, tennis, Pickel ball, bocce ball and a full-time activities director as well as all Nocatee amenities. Houses comes complete with all appliances including washer and dryer. Close to resident only gate for easy entry and exit to the community. Pets are allowed on a case-by-case basis with an annual pet fee.
List Price/SqFt: 2.04
Sold Price/SqFt: 1.96

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; HVAC Maintenance; Pest Control; Repairs; Taxes; Trash Collection Levels: One Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Ceiling Fan(s); Eat-in Kitchen Laundry Features: Lower Level Patio And Porch Features: Patio; Porch; Screened Association Amenities: Clubhouse; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Pickleball; Sauna; Security; Shuffleboard Court; Spa/Hot Tub; Tennis Court(s) Water Source: Public Parking Features: Attached; Garage; Garage Door Opener Sewer: Public Sewer Security Features: 24 Hour Security; Fire Alarm; Gated with Guard; Security Gate; Smoke Detector(s) View: Pond; Water Fencing: Back Yard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Heat Pump Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Rent Includes: Trash Collection Tenant Pays: All Utilities

Contract Information

Property Sub Type: Single Family Residence
Listing Contract Date: 2025-03-31
Lease Term: 12 Months
Availability Date: 2025-06-01

Location Tax and Legal

Street Number: 23
Street Name: FOREST SPRING
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Riverwood By Del Webb

Status Change Information

Major Change Timestamp: 2025-04-13T02:10:06Z
Major Change Type: Status Change
Purchase Contract Date: 2025-04-07
Close Date: 2025-04-10
Close Price: 2800

Deposits and Fees

Additional Fee: 95
Application Fee: 65
Pet Fee/Deposit: 250
Security Deposit: 2800

More Information

Listing Office: FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

Last Updated: April - 13 - 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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