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 STONEWELL Drive, St. Johns, FL 32259 (MLS# 1185949)

275 STONEWELL Drive, St. Johns, FL 32259

$607,777

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,872 Status: Closed

Current Price: $607,777 List Date: 8/11/2022 Last Modified: 8/07/2026

Overview

Description

Welcome to this impressive Toll Brothers home located in sought after St Johns County. As soon as you enter this custom home, you'll be greeted by the open foyer and formal rooms. Spacious and bright floorpan includes family room with gas fireplace and built ins, large windows with views of the peaceful wooded backyard. Kitchen features stainless appliances with solid surface counter tops and additional sink on kitchen island. Formal dining room with wainscoting and formal living room is perfect for an office. Primary bedroom and one of the secondary bedrooms is also located on the mail level. Primary suite offers backyard views, french door to back patio, large walk in closet. Bathroom features dual vanities, garden tub and separate shower. As you walk up the beautiful staircase

Supplements: you'll find 3 additional oversized bedrooms with jack & jill bath. Paver driveway create an impression of luxury with 3-car side entry garage and a large covered back porch with an additional open area perfect for enjoying those Florida evenings. Enjoy the neighborhood amenities and St Johns County schools! Also worth mentioning, home has new carpe ... (Read more)

Listing Details MLS# 1185949

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2872
Living Area Source: Public Records
Year Built: 2008
Association YN: Yes
Association Fee: 364
Association Fee Frequency: Quarterly
Association Name: Colony at Greenbriar
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: From Greenbriar Rd, north on Winchester Dr (The Colony at Greenbriar), R on Stonewell to house on left.
Public Remarks: Welcome to this impressive Toll Brothers home located in sought after St Johns County. As soon as you enter this custom home, you'll be greeted by the open foyer and formal rooms. Spacious and bright floorpan includes family room with gas fireplace and built ins, large windows with views of the peaceful wooded backyard. Kitchen features stainless appliances with solid surface counter tops and additional sink on kitchen island. Formal dining room with wainscoting and formal living room is perfect for an office. Primary bedroom and one of the secondary bedrooms is also located on the mail level. Primary suite offers backyard views, french door to back patio, large walk in closet. Bathroom features dual vanities, garden tub and separate shower. As you walk up the beautiful staircase
List Price/SqFt: 235.03
Sold Price/SqFt: 211.62

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Patio Pool Features: None Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded Current Use: Residential; Single Family Association Amenities: Community Pool; Laundry; Management - Full Time; Trash Association Fee Includes: Maintenance Grounds Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-08-11

Location Tax and Legal

Street Number: 275
Street Name: STONEWELL
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: The Colony At Greenbriar

Status Change Information

Major Change Timestamp: 2022-10-30T12:23:15Z
Major Change Type: Status Change
Purchase Contract Date: 2022-10-17
Close Date: 2022-10-28
Close Price: 607777

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Side Entry Garage: Y

Room Information

Room Name
Living Room
Family Room
Utility Room

Documents

HOA Disclosure ›

No Sellers Disclosure ›

Survey on File ›

Listing Office: UNITED REAL ESTATE GALLERY

Last Updated: August - 07 - 2026

Information deemed reliable but not guaranteed.