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.

254-A COOL SPRINGS Avenue, Ponte Vedra, FL 32081 (MLS# 2066475)

254-A COOL SPRINGS Avenue, Ponte Vedra, FL 32081

$3,500

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,141 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $3,500 List Date: 1/24/2025 Last Modified: 2/25/2025

Overview

Description

Live at the epicenter of Nocatee! This exquisite Toll Brothers Cardinal Elite 3BR/3 Full BA w/ loft home is just 1 year & 8 months old. The floorplan is thoughtfully laid out & incorporates many notable features. The gourmet kitchen includes a white glass refrigerator, SS appliances, gold hardware, a farmhouse sink, quartz counters, a large island, gas cooktop, soft-close cabinets and drawers and a stunning marble backsplash. The expansive 1st floor primary ensuite has a tray ceiling & a gorgeous bathroom that connects to the laundry room through the closet where a brand-new wardrobe system has been put in. The owners also added some smart upgrades after closing to include the chic laundry room w/ butcher block counters, cabinetry, shelving & a SS sink. Some other enhancements are an epoxy floor in garage, an electric car charger outlet & a water softener! The premium location is hard to beat. Close to restaurants, shopping, medical facilities & Nocatee's resort style amenities!

Supplements: The interior pest control and cutting of the lawn is the tenants responsibility. The landlord will take care of the AC maintenance and lawn pest control.

Listing Details MLS# 2066475

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2141
Living Area Source: Public Records
Year Built: 2023
Lot Size Acres: 0.11
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Entry Level: Yes
Senior Community YN: No
Directions: From Nocatee Parkway, Head South on Crosswater Pkwy. Turn Right on Nocatee Village Drive. Then turn Right onto Crestview Dr and left onto Cool Springs Ave. 254 Cool Springs Dr is on the left.
Public Remarks: Live at the epicenter of Nocatee! This exquisite Toll Brothers Cardinal Elite 3BR/3 Full BA w/ loft home is just 1 year & 8 months old. The floorplan is thoughtfully laid out & incorporates many notable features. The gourmet kitchen includes a white glass refrigerator, SS appliances, gold hardware, a farmhouse sink, quartz counters, a large island, gas cooktop, soft-close cabinets and drawers and a stunning marble backsplash. The expansive 1st floor primary ensuite has a tray ceiling & a gorgeous bathroom that connects to the laundry room through the closet where a brand-new wardrobe system has been put in. The owners also added some smart upgrades after closing to include the chic laundry room w/ butcher block counters, cabinetry, shelving & a SS sink. Some other enhancements are an epoxy floor in garage, an electric car charger outlet & a water softener! The premium location is hard to beat. Close to restaurants, shopping, medical facilities & Nocatee's resort style amenities!
List Price/SqFt: 1.68
Sold Price/SqFt: 1.63

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees Architectural Style: Traditional; Villa Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Ceiling Fan(s); Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Laundry Features: In Unit Smart Home Features: Carbon Monoxide Detector; Programmable Thermostat Patio And Porch Features: Covered; Front Porch; Rear Porch Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s); Trash Association Fee Includes: Maintenance Grounds; Trash Water Source: Public Parking Features: Garage; Garage Door Opener Sewer: Public Sewer Fencing: Back Yard; Privacy; Vinyl Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Road Frontage Type: City Street Tenant Pays: All Utilities Pets Allowed: Breed Restrictions; Dogs OK; Size Limit; Number Limit

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/t3dJkqc
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-01-24
Lease Term: 12 Months
Availability Date: 2025-06-01

Location Tax and Legal

Street Number: 254-A
Street Name: COOL SPRINGS
Street Suffix: Avenue
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: West End At Town Center

Status Change Information

Major Change Timestamp: 2025-02-25T16:43:54Z
Major Change Type: Status Change
Purchase Contract Date: 2025-02-19
Close Date: 2025-02-25
Close Price: 3500

Deposits and Fees

Additional Fee: 250
Application Fee: 39.99
Pet Fee/Deposit: 300
Security Deposit: 3600

More Information

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: February - 25 - 2025

Information deemed reliable but not guaranteed.