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.

257 WILD CYPRESS CIRCLE, Ponte Vedra, FL 32081 (MLS# 922649)

257 WILD CYPRESS CIRCLE, Ponte Vedra, FL 32081

$384,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,861 Status: Closed

Current Price: $384,500 List Date: 2/23/2018 Last Modified: 1/14/2025

Overview

Description

Summerwood floorplan, elevation 3; driveway/entry/covered lanai pavers; 8'full lite entry door; enlarged kitchen island; upgraded cabinetry; granite counter tops and vanities; tile on the diagonal in the entry, great room, kitchen, baths, laundry, and hallways; super shower in owner's bath; guest bath shower only; bronze hardware, faucets; range hood vented; pre-plumb for wtr soft; rounded corners; 5 1/4 baseboards; pendant prewire; recessed lites in great room; 3 flat panel TV preps; outside lighting; Laundry tub; epoxy garage floor; fenced backyard.

Listing Details MLS# 922649

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1861
Living Area Source: Plans
Year Built: 2017
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 950
Association Name: Riverwood by DelWebb
CDD Fee YN: Yes
CDD Fee Amount: 2140.84
Accessibility Features YN: Yes
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: From Nocatee Pkwy. Exit right on Crosswater Pkwy, Del Webb is on left. Through guard gate, turn right on River Run. Right on Pineland Bay. Right on Sweet Pine Trl. Left on Wild Cypress Circle.
Public Remarks: Summerwood floorplan, elevation 3; driveway/entry/covered lanai pavers; 8'full lite entry door; enlarged kitchen island; upgraded cabinetry; granite counter tops and vanities; tile on the diagonal in the entry, great room, kitchen, baths, laundry, and hallways; super shower in owner's bath; guest bath shower only; bronze hardware, faucets; range hood vented; pre-plumb for wtr soft; rounded corners; 5 1/4 baseboards; pendant prewire; recessed lites in great room; 3 flat panel TV preps; outside lighting; Laundry tub; epoxy garage floor; fenced backyard.
List Price/SqFt: 206.61
Sold Price/SqFt: 206.61

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Concrete; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Front Porch; Patio; Porch; Screened Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Fencing: Back Yard; Other Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2018-01-18

Location Tax and Legal

Street Number: 257
Street Name: WILD CYPRESS CIRCLE
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: 2018-02-23T15:26:49Z
Major Change Type: Status Change
Purchase Contract Date: 2018-01-19
Close Date: 2018-01-19
Close Price: 384500

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Pulte, Aluminum Fencing: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Parking Facilities-Golf Cart Storage: Y, Covenants/Restrictions: Y, Energy Features-Ridge Vents: Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Office
Utility Room
Great Room	First	18.10	18.20
Dining Room	First	11.11	11.00	Separate Dining Room
Kitchen	First	15.00	8.00
Primary Bedroom	First	15.60	13.10
Bedroom 1	First	12.50	11.80
Bonus Room	First	11.60	10.11

Listing Office: NON MLS (realMLS)

Last Updated: January - 14 - 2025

Information deemed reliable but not guaranteed.