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.

293 COOL SPRINGS Avenue, Ponte Vedra, FL 32081 (MLS# 1199260)

293 COOL SPRINGS Avenue, Ponte Vedra, FL 32081

$532,990

Property Type: Residential Income Bedrooms: 3 Baths: 2 Square Footage: 1,807 Status: Closed

Current Price: $532,990 List Date: 11/03/2022 Last Modified: 2/19/2025

Overview

Description

Exciting new SINGLE-STORY VILLA from Toll Brothers in the popular Nocatee community of West End. Enjoy the convenience of a walk to the dog parks, water parks, playgrounds, restaurants, and shops. End unit with lots of windows. 8' TALL doors. Lives like a single-family home. Open plan with sliding glass doors to 10x16 COVERED LANAI. 2-car front-load garage with 8' tall door. PAVERED driveway, front entry and lanai. Gorgeous porcelain wood-look tile floors in main areas. Gourmet kitchen with 5-burner GAS cooktop, QUARTZ countertops, and white cabinets featuring soft-close doors and drawers, bottom cabinet roll-outs trays, trash roll-out, super susan. Raised tray ceiling at great room. 6' PRIVACY fence at rear and at shared wall. BACK YARD can be fenced in. Estimated delivery March 2023.

Listing Details MLS# 1199260

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1807
Living Area Source: Plans
Year Built: 2022
Garage Spaces: 2
Association Fee 2: 484
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From A1A and US1, take Nocatee Pkwy. Exit Crosswater Pkwy south. At the traffic light, turn right onto Nocatee Village Drive. Turn right onto Crestview Dr., then turn left onto Cool Springs Ave
Public Remarks: Exciting new SINGLE-STORY VILLA from Toll Brothers in the popular Nocatee community of West End. Enjoy the convenience of a walk to the dog parks, water parks, playgrounds, restaurants, and shops. End unit with lots of windows. 8' TALL doors. Lives like a single-family home. Open plan with sliding glass doors to 10x16 COVERED LANAI. 2-car front-load garage with 8' tall door. PAVERED driveway, front entry and lanai. Gorgeous porcelain wood-look tile floors in main areas. Gourmet kitchen with 5-burner GAS cooktop, QUARTZ countertops, and white cabinets featuring soft-close doors and drawers, bottom cabinet roll-outs trays, trash roll-out, super susan. Raised tray ceiling at great room. 6' PRIVACY fence at rear and at shared wall. BACK YARD can be fenced in. Estimated delivery March 2023.
List Price/SqFt: 317.09
Sold Price/SqFt: 294.96

Property Features

Appliances: Dishwasher; Disposal; Gas Cooktop; Gas Water Heater; Microwave Construction Materials: Fiber Cement; Frame; Other Heating: Central; Electric; Heat Pump Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Security Features: Security System Owned; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Natural Gas Available; Other Water Source: Public

Contract Information

Listing Contract Date: 2022-11-03
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 293
Street Name: COOL SPRINGS
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32081
Subdivision Name: West End At Town Center
MLS Area Major: 272-Nocatee South

Status Change Information

Major Change Timestamp: 2023-11-17T16:38:55Z
Major Change Type: Price Change
Price Change Timestamp: 2023-03-18T19:17:19Z
Purchase Contract Date: 2023-03-17
Close Date: 2023-05-23
Close Price: 532990

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Underground Utilities: Y, Lot Location-Suburban: Y, Present Rental Terms: Less than .25 Acre, One Bedroom Rentals: Entry Hall / Foyer,Laundry/Utility (inside),Great Room, Energy Features-Exhaust Fans: Y, Energy Features-Forced Air: Y, Structure Slab: Y
Public Historical Remarks 2: Det Heat SQFT: 1277.00, Utilities-Sep Irrigation Meter: Y, Structured Wiring: Y, Structure Builder: Toll Brothers
Public Historical Remarks 3: Intermediate School: Other, Current Zoning: Y

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: February - 19 - 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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