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.

245 CYPRESS BAY Drive, Ponte Vedra, FL 32081 (MLS# 692660)

245 CYPRESS BAY Drive, Ponte Vedra, FL 32081

$239,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,395 Status: Closed

Current Price: $239,000 List Date: 11/17/2013 Last Modified: 12/14/2024

Overview

Description

Located in gated 55+ age restricted Del Webb Ponte Vedra in Nocatee. This block Gray Myst model has 3 bdrms & 2 car garage and is ideal for those wishing to down size to a low maintenance single family residence while enjoying the resort like environment of Del Webb Ponte Vedra. The home has 18'' diagonal tile flrs in the kitchen & main living areas along w/granite countertops & ss appliances. Extra 42'' cab. in the kitchen, screened lanai, 9' ceilings, blinds, epoxy garage flr & a fenced rear yard overlooking waterway. Owners enjoy the Anastasia Club w/indoor & outdoor heated pools, fitness center, spa, sauna, steam rm, tennis, pickle ball, bocce & more! Just minutes to the Nocatee Splash Park & Ponte Vedra Beach shopping,restaurants & ''toes in the ocean''. CDD FEE IS PARTIALLY PAID OFF!

Supplements: OFF!

Listing Details MLS# 692660

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1395
Living Area Source: Public Records
Year Built: 2012
Lot Size Dimensions: 40x120x40x120
Association YN: Yes
Association Fee: 152.5
Association Fee Frequency: Monthly
Association Fee 2: 950
CDD Fee YN: Yes
CDD Fee Amount: 1136.22
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Directions: Nocatee Prkwy to S on Crosswater Prkwy. Go thru roundabout and Del Webb Ponte Vedra is about 2 miles on the Left. Go thru guard gate R on River Run and L on Cypress Bay. House is on L near cul de sac.
Public Remarks: Located in gated 55+ age restricted Del Webb Ponte Vedra in Nocatee. This block Gray Myst model has 3 bdrms & 2 car garage and is ideal for those wishing to down size to a low maintenance single family residence while enjoying the resort like environment of Del Webb Ponte Vedra. The home has 18'' diagonal tile flrs in the kitchen & main living areas along w/granite countertops & ss appliances. Extra 42'' cab. in the kitchen, screened lanai, 9' ceilings, blinds, epoxy garage flr & a fenced rear yard overlooking waterway. Owners enjoy the Anastasia Club w/indoor & outdoor heated pools, fitness center, spa, sauna, steam rm, tennis, pickle ball, bocce & more! Just minutes to the Nocatee Splash Park & Ponte Vedra Beach shopping,restaurants & ''toes in the ocean''. CDD FEE IS PARTIALLY PAID OFF!
List Price/SqFt: 171.97
Sold Price/SqFt: 171.33

Property Features

Approx Parcel Size: Less than .25 Acre Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Concrete; Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Waterfront Features: Pond Fencing: Back Yard Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s) Road Surface Type: Concrete Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2013-11-16

Location Tax and Legal

Street Number: 245
Street Name: CYPRESS BAY
Street Suffix: Drive
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: 2014-01-31T19:30:05Z
Major Change Type: Status Change
Purchase Contract Date: 2014-01-22
Close Date: 2014-01-31
Close Price: 239000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Pulte
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Forced Air: Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y
Public Historical Remarks 3: Occupant Type: Appointment, Call Listing Office, Occupied - Lockbox, Gated

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Office
Media Room
Kitchen	First			Length: 14' Est; Width: 10' Est
Other	First	7.66	7.00	Breakfast Room
Primary Bedroom	First	13.00	12.50
Bedroom 1	First	10.16	10.00
Bedroom 2	First	11.16	10.00
Family Room	First	14.33	13.33
Dining Room		14.33	10.00

Listing Office: WATSON REALTY CORP

Last Updated: December - 14 - 2024

Information deemed reliable but not guaranteed.