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.

269 CYPRESS BAY Drive, Ponte Vedra, FL 32081 (MLS# 756352)

269 CYPRESS BAY Drive, Ponte Vedra, FL 32081

$225,000

SPACIOUS KITCHEN WITH 42'CABINETS & ISLA

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,152 Status: Closed

Current Price: $225,000 List Date: 2/05/2015 Last Modified: 12/21/2024

Overview

Description

Location, Location, Location! Perfectly Cozy on the Waterway with an inviting Extended Covered Lanai to start and end your day with in a peaceful setting of nature and tranquility. This Mariposa Model is a gem with many added features and upgrades including 9ft ceilings and a spacious laundry room. Built with Concrete Block Construction this home also boasts a Safe Room and Storm Shutters. CDD has a Partial Buydown! Located near the cul-de-sac with Nature Preserve in front of the home gives extra privacy while still being close to all the amenities of the Anastasia Clubhouse, Community Garden and Veterans Park. This Active Adult 55+ Age Restricted Community is the best of the best. The Amenities are superior and provide the lifestyle you've been waiting for!

Listing Details MLS# 756352

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1152
Living Area Source: Plans
Year Built: 2012
Homestead YN: Yes
Association YN: Yes
Association Fee: 152.5
Association Fee Frequency: Monthly
Association Fee 2: 950
Association Name: First Services
Association Phone: 904-834-3400
CDD Fee YN: Yes
CDD Fee Amount: 1136.22
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: Yes
Directions: Nocatee Parkway to Crosswater Parkway South turn right into Del Webb Ponte Vedra. Del Webb Parkway turn right onto River Run turn left onto Cypress Bay.
Public Remarks: Location, Location, Location! Perfectly Cozy on the Waterway with an inviting Extended Covered Lanai to start and end your day with in a peaceful setting of nature and tranquility. This Mariposa Model is a gem with many added features and upgrades including 9ft ceilings and a spacious laundry room. Built with Concrete Block Construction this home also boasts a Safe Room and Storm Shutters. CDD has a Partial Buydown! Located near the cul-de-sac with Nature Preserve in front of the home gives extra privacy while still being close to all the amenities of the Anastasia Clubhouse, Community Garden and Veterans Park. This Active Adult 55+ Age Restricted Community is the best of the best. The Amenities are superior and provide the lifestyle you've been waiting for!
List Price/SqFt: 206.51
Sold Price/SqFt: 195.31

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Washer Interior Features: Eat-in Kitchen; Entrance Foyer; Kitchen Island; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Utilities: Cable Available Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Appliances; Windows Green Water Conservation: Low-Flow Fixtures Security Features: Smoke Detector(s) Construction Materials: Concrete; Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Garage Door Opener Lot Features: Irregular Lot; Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Pond Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-02-05

Location Tax and Legal

Street Number: 269
Street Name: CYPRESS BAY
Street Suffix: Drive
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: 2015-05-27T02:41:40Z
Major Change Type: Status Change
Purchase Contract Date: 2015-03-25
Close Date: 2015-05-26
Close Price: 225000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Pulte, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Builder Warranty: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Interior Amenities-Structured Wiring: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Occupant Type: Appointment, Back-Ups Accepted, Call Listing Office, Occupied - Lockbox, Gated