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.

265-A CASPIA Lane, Ponte Vedra, FL 32081 (MLS# 1256126)

265-A CASPIA Lane, Ponte Vedra, FL 32081

$2,650

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,348 Status: Closed

Current Price: $2,650 List Date: 11/03/2023 Last Modified: 2/28/2025

Overview

Description

Pristine & impeccably maintained 2BR/ 2BA home in the highly desirable 55 plus gated community of Del Webb Ponte Vedra. Beautiful, lush landscaping w/ decorative rock in lieu of mulch & soft to the touch Zoysia grass. This Steel Creek model is very versatile! There is space for a desk or small dining table or coffee /wine nook to the left when you enter the property. The kitchen boasts a large granite island & raised dishwasher. All appliances convey! This opens to a dining area & great room which has glass sliders w/ honeycomb blinds that lead to a beautiful screened in lanai. The Primary bedroom is of considerable size with an expansive walk-in closet. The bathroom has a nice walk-in shower with tile surround and comfort height vanities. Some other notable features include newer

Supplements: carpeting & rounded corners on the walls. In the garage there are insulated doors and a pull down screen as well as a water softener. Live the resort lifestyle with all of the amazing amenities Del Webb has to offer. The Anastasia Clubhouse has 50 plus clubs & a full time activity director. There is an indoor & outdoor pool, fitness center, a ballr ... (Read more)

Listing Details MLS# 1256126

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1348
Living Area Source: Public Records
Year Built: 2016
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: Yes
Directions: From US1, Exit Nocatee Parkway. Take Crosswater Pkwy exit and go south. Left on Del Webb Pkwy, Right onto River Run, Left on Foxtail Fern Way & Right on to Caspia Lane. House is on the L
Public Remarks: Pristine & impeccably maintained 2BR/ 2BA home in the highly desirable 55 plus gated community of Del Webb Ponte Vedra. Beautiful, lush landscaping w/ decorative rock in lieu of mulch & soft to the touch Zoysia grass. This Steel Creek model is very versatile! There is space for a desk or small dining table or coffee /wine nook to the left when you enter the property. The kitchen boasts a large granite island & raised dishwasher. All appliances convey! This opens to a dining area & great room which has glass sliders w/ honeycomb blinds that lead to a beautiful screened in lanai. The Primary bedroom is of considerable size with an expansive walk-in closet. The bathroom has a nice walk-in shower with tile surround and comfort height vanities. Some other notable features include newer
List Price/SqFt: 1.97
Sold Price/SqFt: 1.97

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Washer; Water Softener Owned Interior Features: Breakfast Bar; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Screened Pool Features: None Spa Features: Private Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Tennis Court(s); Trash Parking Features: Garage Door Opener Security Features: Smoke Detector(s) Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Tenant Pays: Grounds Care Pets Allowed: Yes

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/45XY1RR
Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-11-03
Lease Term: 12 Months

Location Tax and Legal

Street Number: 265-A
Street Name: CASPIA
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Riverwood By Del Webb

Status Change Information

Major Change Timestamp: 2023-11-27T14:16:52Z
Major Change Type: Status Change
Purchase Contract Date: 2023-11-27
Close Date: 2023-11-27
Close Price: 2650

Deposits and Fees

Application Fee: 39.99
Pet Fee/Deposit: 1000
Security Deposit: 2650

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Roof: Shingle, Wall-to-Wall Carpet: Y, Per Period: 2650, Det Heat SQFT: 1260.96, Common Club Amenities-Club Facilities: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Suburban Lot Location: Y
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y, Parcel Size: Less than .25 acre, Structure-Frame: Y, Exterior Wall: Stucco, Insulated Doors: Y, Tile Floors: Y, Min Lease/Rent Term: `12 months, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Slab: Y
Public Historical Remarks 3: Date Available: immediately, Unit Type: Traditional, Ground Level, Occupant Type: Appointment, See ShowingAssist, Vacant -Lockbox, Gated

Room Information

Room Name
Great Room
Utility Room

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: February - 28 - 2025

Information deemed reliable but not guaranteed.