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.

289 WATER'S EDGE Drive S, Ponte Vedra Beach, FL 32082 (MLS# 2076088)

289 WATER'S EDGE Drive S, Ponte Vedra Beach, FL 32082

$1,275,000

Virtual Tour

https://vimeo.com/1062401143?share=copy

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,595 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $1,275,000 List Date: 4/22/2025 Last Modified: 4/17/2026

Overview

Description

BACK ON MARKET - no fault of seller! This fully renovated and move-in ready 3 bedroom, 2.5 bath home in TPC Sawgrass has unbelievable water-to-golf views of the entire 17th hole of the Dye Valley Course! Just imagine relaxing in the afternoon on the back lanai with a beverage as the sun sets behind the course. With a massive makeover in 2024, the thoughtfully redesigned open floor plan features all-new wide-plank LVP flooring, a beautifully updated kitchen, and stylish recessed and designer lighting. Additional new upgrades include a December 2024 HVAC system (which can be controlled remotely), a screened lanai enclosure, garage doors, custom designer closet systems in each bedroom and a custom built-in entertainment wall by Closets by Design, a full interior repaint with smooth ceilings, ceiling fans, a re-tiled fireplace and laundry area, a renovated powder bath, and a freshly installed water softener. Every detail has been meticulously updated to offer a bright, contemporary feel.

Listing Details MLS# 2076088

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2595
Living Area Source: Plans
Year Built: 1995
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.27
Association YN: Yes
Association Fee: 148
Association Fee Frequency: Quarterly
Association Fee 2: 969
Association Fee 2 Frequency: Semi-Annually
Association Name: May Management
Association Phone: 904-273-9832
CDD Fee YN: No
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
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Senior Community YN: No
Directions: A1A to Solana Rd. Turn left onto TPC Blvd, right onto Hammock Cove Dr, at the round about go to 2nd exit onto Commodore Dr. Left on Water's Edge Dr
Public Remarks: BACK ON MARKET - no fault of seller! This fully renovated and move-in ready 3 bedroom, 2.5 bath home in TPC Sawgrass has unbelievable water-to-golf views of the entire 17th hole of the Dye Valley Course! Just imagine relaxing in the afternoon on the back lanai with a beverage as the sun sets behind the course. With a massive makeover in 2024, the thoughtfully redesigned open floor plan features all-new wide-plank LVP flooring, a beautifully updated kitchen, and stylish recessed and designer lighting. Additional new upgrades include a December 2024 HVAC system (which can be controlled remotely), a screened lanai enclosure, garage doors, custom designer closet systems in each bedroom and a custom built-in entertainment wall by Closets by Design, a full interior repaint with smooth ceilings, ceiling fans, a re-tiled fireplace and laundry area, a renovated powder bath, and a freshly installed water softener. Every detail has been meticulously updated to offer a bright, contemporary feel.
List Price/SqFt: 500.58
Sold Price/SqFt: 491.33

Property Features

Architectural Style: Contemporary; Traditional Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Range; Ice Maker; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Vinyl Laundry Features: Sink Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Gated with Guard; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Rear Porch; Screened Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Golf Course; Pond Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Community Pool; Park; Playground; Security Road Frontage Type: Private Road Road Surface Type: Paved Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Financing