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.

275 PINELLAS Way, St. Johns, FL 32259 (MLS# 2051306)

275 PINELLAS Way, St. Johns, FL 32259

$505,000

Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,914 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $505,000 List Date: 10/10/2024 Last Modified: 4/17/2026

Overview

Description

Experience an inviting coastal casual feel and relaxed Florida living in this 1,914 sq ft, 2 bedroom, 2 bathroom+ den/flex room Pier model in Watersong at Rivertown, a premier 55+ Community. Less than 1 year new and blending light, airy spaces with relaxed, beach-inspired design elements that create a sense of serene comfort, this home offers an open-concept design with beautiful pond views. The contemporary kitchen features white and gray quartz countertops, a dining island with pendant lighting, chevron subway tile backsplash and upgraded stainless steel appliances, including a gas cooktop. The great room includes a custom entertainment bar with quartz counters, white cabinetry, and a beverage fridge nook. The primary suite has a tray ceiling, spa shower, and large walk-in closet. Enjoy peaceful evenings on the screened lanai or in the fenced backyard enjoying the pond vistas. Also featuring an extended garage, tankless water heater and water softener system. Residents of Watersong

Supplements: also have access to two amenities centers, offering pickle ball courts, sparkling pools, fitness centers and clubhouse in addition to all the wonderful amenities that the Rivertown community has to offer. Minutes to shopping, dining, and renowned medical facilities.

Listing Details MLS# 2051306

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1914
Living Area Source: Public Records
Year Built: 2023
Lot Size Acres: 0.17
Association YN: Yes
Association Fee: 146
Association Fee Frequency: Monthly
Association Fee 2: 50
Association Fee 2 Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 2330.04
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Senior Community YN: Yes
Directions: Longleaf PIne Pkwy to Keystone Corners Dr to Mistflower Dr to Juniper Hills Dr to Voysey Pl to Ladyslipper Dr to Pinellas Way
Public Remarks: Experience an inviting coastal casual feel and relaxed Florida living in this 1,914 sq ft, 2 bedroom, 2 bathroom+ den/flex room Pier model in Watersong at Rivertown, a premier 55+ Community. Less than 1 year new and blending light, airy spaces with relaxed, beach-inspired design elements that create a sense of serene comfort, this home offers an open-concept design with beautiful pond views. The contemporary kitchen features white and gray quartz countertops, a dining island with pendant lighting, chevron subway tile backsplash and upgraded stainless steel appliances, including a gas cooktop. The great room includes a custom entertainment bar with quartz counters, white cabinetry, and a beverage fridge nook. The primary suite has a tray ceiling, spa shower, and large walk-in closet. Enjoy peaceful evenings on the screened lanai or in the fenced backyard enjoying the pond vistas. Also featuring an extended garage, tankless water heater and water softener system. Residents of Watersong
List Price/SqFt: 260.71
Sold Price/SqFt: 263.85

Property Features

Levels: One Rental Restrictions: Other Appliances: Dishwasher; Disposal; Electric Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Security Gate; Smoke Detector(s) Patio And Porch Features: Patio; Screened Spa Features: Community Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener View: Pond Waterfront Features: Pond Fencing: Back Yard; Wrought Iron Current Use: Residential Association Amenities: Barbecue; Basketball Court; Boat Launch; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Park; Pickleball; Security; Spa/Hot Tub; Tennis Court(s); Other Road Frontage Type: Private Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan