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.

2603 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 (MLS# 791157)

2603 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082

$1,400,000

Virtual Tour

http://www.tourfactory.com/idxr1417893

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,870 Status: Closed

Current Price: $1,400,000 List Date: 9/05/2015 Last Modified: 1/05/2026

Overview

Description

Spectacular ocean views from this beautiful 5 bedroom / 3.5 bathroom oceanfront home located on a high dune in South Ponte Vedra. Designed to take full advantage of the ocean views, this well maintained home offers 3870 sq ft of heated/cooled space. Wonderful style and quality in this home including stone floors, granite counters, top of the line appliances, soaring ceiling in the living room with a coral stone fireplace. Impact resistant windows, hardieboard siding, metal roof, composite material wrap around deck & walkway to the beach. Fully fenced side yard. Recently remodeled bathrooms & bedrooms. Located on the ocean only 15 minutes south of Sawgrass.

Listing Details MLS# 791157

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3870
Living Area Source: Appraiser
Year Built: 1990
Lot Size Dimensions: 100x123
Association YN: No
Association Fee Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Frontage Feet: 100
Stories: 3
Directions: From Sawgrass area, about 15 minutes south on A1A... thru Guana Park... to 2603 S PVB on east side of road.
Public Remarks: Spectacular ocean views from this beautiful 5 bedroom / 3.5 bathroom oceanfront home located on a high dune in South Ponte Vedra. Designed to take full advantage of the ocean views, this well maintained home offers 3870 sq ft of heated/cooled space. Wonderful style and quality in this home including stone floors, granite counters, top of the line appliances, soaring ceiling in the living room with a coral stone fireplace. Impact resistant windows, hardieboard siding, metal roof, composite material wrap around deck & walkway to the beach. Fully fenced side yard. Recently remodeled bathrooms & bedrooms. Located on the ocean only 15 minutes south of Sawgrass.
List Price/SqFt: 387.57
Sold Price/SqFt: 361.76

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Water Heater; Gas Range; Microwave; Refrigerator; Washer; Water Softener Owned; Wine Cooler Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Central Vacuum; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Connected; Propane; Other Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Septic Tank Green Energy Efficient: Windows Security Features: Security System Owned Construction Materials: Concrete; Fiber Cement; Frame Exterior Features: Balcony Pool Features: None Roof: Metal Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Waterfront Features: Ocean Front 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: 2015-09-05

Location Tax and Legal

Street Number: 2603
Street Direction Prefix: S
Street Name: PONTE VEDRA
Street Suffix: Boulevard
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 264-South Ponte Vedra Beach
Subdivision Name: S Ponte Vedra Beach

Status Change Information

Major Change Timestamp: 2023-11-13T21:33:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-01-15T23:23:52Z
Purchase Contract Date: 2016-03-19
Close Date: 2016-04-06
Close Price: 1400000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Det Heat SQFT: 488.00, Water Access: Y, Kitchen-Solid Surface Countertops: Y, Fireplace-Living Room: Y
Public Historical Remarks 2: Bath-Garden Bath: Y, Interior Amenities-French Door(s): Y, Down-Draft Cook top: Y, Fenced Partial: Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Back-Ups Accepted, Call Listing Agent, See Private Remarks, Occupied

Room Information

Room Name	Level	Length	Width	Remarks
Utility Room
Living Room	Second	28.00	18.00
Dining Room	Second	16.00	11.00	Separate Dining Room
Kitchen	Second	20.00	20.00
Primary Bedroom	Third	16.00	16.00
Bedroom 1	Third	14.00	11.00
Bedroom 2	Third	13.00	13.00
Bedroom 3	First	10.00	12.00
Bedroom 4	First	14.00	9.00
Bonus Room	First	14.00	12.00

Listing Office: RE/MAX UNLIMITED

Last Updated: January - 05 - 2026

Information deemed reliable but not guaranteed.