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.

2387 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 (MLS# 1080860)

2387 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082

$1,095,000

Property Type: Land Lot Size (sq. ft.): 31,363 Status: Closed

Current Price: $1,095,000 List Date: 11/01/2020 Last Modified: 4/01/2025

Overview

Description

TREMENDOUS OPPORTUNITY FOR A NICE OCEANFRONT LOT AT THE SOUGHT AFTER NORTH END. THIS PROPERTY IS 100 FEET OF FRONTAGE.

Listing Details MLS# 1080860

General Property Information

Lot Size Acres: 0.72
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Directions: TAKE A1A TO JUST PAST GUANA STATE PARK. LOCATED ON THE OCEAN AT # 2387.
Public Remarks: TREMENDOUS OPPORTUNITY FOR A NICE OCEANFRONT LOT AT THE SOUGHT AFTER NORTH END. THIS PROPERTY IS 100 FEET OF FRONTAGE.
List Price/Acre: 1520833.33
Sold Price/Acre: 1520833.33

Property Features

Current Use: Single Family Lot Features: Other Sewer: Septic Tank Water Source: Public View: Ocean Waterfront Features: Navigable Water; Ocean Front Road Surface Type: Asphalt Listing Terms: Cash; Conventional Possession: Negotiable

Contract Information

Property Sub Type: Unimproved Land
Listing Contract Date: 2020-11-01

Location Tax and Legal

Street Number: 2387
Street Direction Prefix: S
Street Name: PONTE VEDRA
Street Suffix: Boulevard
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 264-South Ponte Vedra Beach
Subdivision Name: S Ponte Vedra Beach

Status Change Information

Major Change Timestamp: 2021-01-26T21:20:09Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-26
Close Date: 2021-01-26
Close Price: 1095000

More Information

Listing Office: MARSH LANDING REALTY

Last Updated: April - 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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