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.

241 CASPIA Lane, Ponte Vedra, FL 32081 (MLS# 1029856)

241 CASPIA Lane, Ponte Vedra, FL 32081

$312,000

Virtual Tour

https://app.eastcoastvtours.com/241-caspia-ln-ponte-vedra-beach-27703/unbranded

241+Caspia+Ln+Ponte+Vedra+Beach-34-origi

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,425 Status: Closed

Current Price: $312,000 List Date: 7/01/2020 Last Modified: 1/28/2025

Overview

Description

Gated 55+ Del Webb of Nocatee! OVER 30,000 IN UPGRADES! This Taft Street floor plan offers 2 Bdrm PLUS A FLEX/OFFICE Space & 2 Full baths. The Open Layout is perfect for entertaining! Beautiful Kitchen boasts White Cabinetry and Gorgeous Granite Counters with a large Center Island/Breakfast Space. Enjoy evenings on your private Window Enclosed Fla Room! Many upgrades include, SOLATUBE Daylighting System for indoor lighting enhancement, crown moldings, chair rail moldings through living/dinning areas, paved front entryway, insulated garage door and rubber matting garage flooring as well as installed garage storage units! Beautiful wood look Laminate flooring for easy care and 24x24 tiled bathrooms! Enjoy Del Webb's 38,000 ft Clubhouse! $1,500 towards closing costs w/ preferred lender!

Listing Details MLS# 1029856

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1425
Living Area Source: Public Records
Year Built: 2016
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 950
CDD Fee YN: Yes
CDD Fee Amount: 1260.96
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: Yes
Directions: From Nocatee Pkwy, exit right onto Crosswater Pkwy, then right into the Del Webb community. Once through the guard gate, turn right onto River Run then left on to Foxtail Fern Way, right onto Caspia.
Public Remarks: Gated 55+ Del Webb of Nocatee! OVER 30,000 IN UPGRADES! This Taft Street floor plan offers 2 Bdrm PLUS A FLEX/OFFICE Space & 2 Full baths. The Open Layout is perfect for entertaining! Beautiful Kitchen boasts White Cabinetry and Gorgeous Granite Counters with a large Center Island/Breakfast Space. Enjoy evenings on your private Window Enclosed Fla Room! Many upgrades include, SOLATUBE Daylighting System for indoor lighting enhancement, crown moldings, chair rail moldings through living/dinning areas, paved front entryway, insulated garage door and rubber matting garage flooring as well as installed garage storage units! Beautiful wood look Laminate flooring for easy care and 24x24 tiled bathrooms! Enjoy Del Webb's 38,000 ft Clubhouse! $1,500 towards closing costs w/ preferred lender!
List Price/SqFt: 220.35
Sold Price/SqFt: 218.95

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Eat-in Kitchen; Kitchen Island; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Laminate; Tile Utilities: Cable Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: 24 Hour Security; Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Glass Enclosed; Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Management - Full Time; Sauna; Security; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2020-01-01

Location Tax and Legal

Street Number: 241
Street Name: CASPIA
Street Suffix: Lane
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2023-11-14T10:21:20Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-05-06T18:02:19Z
Purchase Contract Date: 2020-05-22
Close Date: 2020-07-22
Close Price: 312000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Structure Slab: Y

More Information

Room Information

Room Name
Florida Room
Great Room
Office

Listing Office: WATSON REALTY CORP

Last Updated: January - 28 - 2025

Information deemed reliable but not guaranteed.