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.

300 E MILL CHASE Court, Ponte Vedra Beach, FL 32082 (MLS# 1225628)

300 E MILL CHASE Court, Ponte Vedra Beach, FL 32082

$1,035,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,575 Status: Closed

Current Price: $1,035,000 List Date: 5/04/2023 Last Modified: 2/23/2025

Overview

Description

This lovely 2-story, 5BR/3.5B, home is in the highly sought after Sawmill Lakes community. The property is located on a quiet, cul-de-sac street at the west end of the neighborhood. Lush Florida landscaping showcases the beauty of the home within its large, corner lot. Additionally, the backyard area generously allows for a pool, if desired. The interior of the house is spacious, with an open, flowing floor plan that makes daily living, as well as entertaining, easy and enjoyable. Notable features of the house include: 1st floor MBR; bonus room option; large screened porch; firepit with pavers; PELLA windows. Majors under 10 yrs.: roof; exterior paint; windows; flooring; A/C (1 of 2); water heater; water softener. Additional community amenities: swimming pool; pickleball courts.

Supplements: Area notables: "A" rated school assignments; Mickler's Landing beach in close proximity; excellent shopping and dining in close proximity; ATP Tour held in close proximity; TPC Tour held in close proximity.

Listing Details MLS# 1225628

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3575
Living Area Source: Public Records
Year Built: 1999
Association YN: Yes
Association Fee: 717.34
Association Fee Frequency: Semi-Annually
Association Name: MARSH LANDING MANAGE
Association Phone: 904-273-3033
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Entry Level: 2
Directions: FROM JTB TAKE A1A S TO PALM VALLEY RD/210. AT ROUNDABOUT, CONTINUE ON PV RD, RIGHT INTO SAWMILL LAKES. L AT 2ND STOP, S MILLVIEW WAY. R ON WOODMILL TERRACE. L ON S MILL RIDGE. L ON E MILL CHASE COURT.
Public Remarks: This lovely 2-story, 5BR/3.5B, home is in the highly sought after Sawmill Lakes community. The property is located on a quiet, cul-de-sac street at the west end of the neighborhood. Lush Florida landscaping showcases the beauty of the home within its large, corner lot. Additionally, the backyard area generously allows for a pool, if desired. The interior of the house is spacious, with an open, flowing floor plan that makes daily living, as well as entertaining, easy and enjoyable. Notable features of the house include: 1st floor MBR; bonus room option; large screened porch; firepit with pavers; PELLA windows. Majors under 10 yrs.: roof; exterior paint; windows; flooring; A/C (1 of 2); water heater; water softener. Additional community amenities: swimming pool; pickleball courts.
List Price/SqFt: 306.29
Sold Price/SqFt: 289.51

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Water Heater; Gas Range; Ice Maker; Microwave; Refrigerator; Water Softener Owned; Wine Cooler Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Propane Cooling: Central Air; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Exterior Features: Balcony Patio And Porch Features: Front Porch; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential Association Amenities: Basketball Court; Clubhouse; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-05-04

Location Tax and Legal

Street Number: 300
Street Direction Prefix: E
Street Name: MILL CHASE
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Sawmill Lakes

Status Change Information

Major Change Timestamp: 2023-07-18T15:43:01Z
Major Change Type: Status Change
Purchase Contract Date: 2023-05-17
Close Date: 2023-07-17
Close Price: 1035000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Bath-Owner Bath W/Whirlpool: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Aluminum Fencing: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Picture Window(s): Y, Interior Amenities-French Door(s): Y, Down-Draft Cook top: Y, Flood Insurance Required: Y, Side Entry Garage: Y, Fireplace-Family Room: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Living Room
Family Room
Utility Room

Documents

SELLER'S PROPERTY DISCLOSURE ›

HOA DISCLOSURE ADDENDUM ›

Listing Office: WATSON REALTY CORP

Last Updated: February - 23 - 2025

Information deemed reliable but not guaranteed.