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.

276 PALM BREEZE Drive, Ponte Vedra, FL 32081 (MLS# 2001008)

276 PALM BREEZE Drive, Ponte Vedra, FL 32081

$3,800

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 2,018 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $3,800 List Date: 12/27/2023 Last Modified: 3/01/2025

Overview

Description

Gorgeous David Weekly Preservation Model. Was the model home and loaded with all of the upgrades you would expect in a model home. Hardwood floors in all living areas. Beautifully upgraded kitchen that you have to see to appreciate. Screened in private lanai. Walking distance to all of the Nocatee Town Center Amenities and restaurants. This is the perfect home and location to enjoy the Nocatee Lifestyle.

Listing Details MLS# 2001008

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2018
Living Area Source: Public Records
Year Built: 2015
Lot Size Acres: 0.15
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: Yes
Senior Community YN: No
Directions: Head East on Nocatee Pkwy, exit Crosswater Pkwy to the right. Turn right on Nocatee Village Drive. Turn right on Palm Breeze. Home is on the right
Public Remarks: Gorgeous David Weekly Preservation Model. Was the model home and loaded with all of the upgrades you would expect in a model home. Hardwood floors in all living areas. Beautifully upgraded kitchen that you have to see to appreciate. Screened in private lanai. Walking distance to all of the Nocatee Town Center Amenities and restaurants. This is the perfect home and location to enjoy the Nocatee Lifestyle.
List Price/SqFt: 1.98
Sold Price/SqFt: 1.88

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Common Area Maintenance; Grounds Care; HVAC Maintenance; Repairs; Roof Maintenance; Taxes; Trash Collection Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer Interior Features: Built-in Features; Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Downstairs Laundry Features: In Unit Patio And Porch Features: Covered; Front Porch; Screened Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Jogging Path; Park; Playground; Tennis Court(s) Water Source: Public Parking Features: Garage Sewer: Public Sewer Utilities: Cable Available; Natural Gas Available Cooling: Central Air Heating: Central Tenant Pays: All Utilities; Insurance

Contract Information

Rental Service: Other
Property Sub Type: Single Family Residence
Listing Contract Date: 2023-12-27
Lease Term: 12 Months
Availability Date: 2024-01-01

Location Tax and Legal

Street Number: 276
Street Name: PALM BREEZE
Street Suffix: Drive
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Lakeside At Town Center

Status Change Information

Major Change Timestamp: 2024-02-01T16:44:00Z
Major Change Type: Status Change
Purchase Contract Date: 2024-02-01
Close Date: 2024-02-01
Close Price: 3800

Deposits and Fees

Security Deposit: Yes

More Information

Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY

Last Updated: March - 01 - 2025

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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