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.

2517 S PONTE VEDRA, Ponte Vedra Beach, FL (MLS# 734388)

2517 S PONTE VEDRA, Ponte Vedra Beach, FL

$762,500

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,146 Status: Closed

Current Price: $762,500 List Date: 8/28/2014 Last Modified: 4/01/2025

Overview

Description

MAGNIFICENT 100 FOOT OCEANFRONT LOT LOCATED IN THE SOUGHT AFTER NORTH END OF SOUTH PONTE VEDRA BEACH NORTH OF THE GATE GAS STATION. HOME BEING SOLD ''AS IS'' AND IS PRICED CLOSE TO LAND VALUE.

Listing Details MLS# 734388

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 1146
Living Area Source: Public Records
Year Built: 1950
Lot Size Dimensions: 100 x 305 x 100 x 296
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: TAKE A1A TO SOUTH PONTE VEDRA BEACH. HOME IS LOCATED NORTH OF THE GATE GAS STATION. # 2517 SOUTH PONTE VEDRA BLVD.
Public Remarks: MAGNIFICENT 100 FOOT OCEANFRONT LOT LOCATED IN THE SOUGHT AFTER NORTH END OF SOUTH PONTE VEDRA BEACH NORTH OF THE GATE GAS STATION. HOME BEING SOLD ''AS IS'' AND IS PRICED CLOSE TO LAND VALUE.
List Price/SqFt: 697.21
Sold Price/SqFt: 665.36

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Other Appliances: Dryer; Gas Range; Gas Water Heater; Refrigerator; Washer Interior Features: Primary Downstairs Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Septic Tank Construction Materials: Concrete Patio And Porch Features: Deck Pool Features: None Roof: Other Parking Features: Attached; Garage View: Ocean Waterfront Features: Navigable Water; Ocean Front Fencing: Back Yard Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-08-27

Location Tax and Legal

Street Number: 2517
Street Direction Prefix: S
Street Name: PONTE VEDRA
County: St. Johns
State: FL
MLS Area Major: 264-South Ponte Vedra Beach
Subdivision Name: S Ponte Vedra Beach

Status Change Information

Major Change Timestamp: 2014-08-28T00:02:18Z
Major Change Type: Status Change
Purchase Contract Date: 2014-08-27
Close Date: 2014-08-27
Close Price: 762500

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 2: Dining-Living/Dining Combo: Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Call Listing Agent, Listing Agent Must Accompany, Appointment

Room Information

Room Name
Florida Room

Listing Office: MARSH LANDING REALTY

Last Updated: April - 01 - 2025

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare