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.

315 VIA CASTILLA 202, St. Augustine, FL 32095 (MLS# 1042195)

315 VIA CASTILLA 202, St. Augustine, FL 32095

$1,250

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,278 Status: Closed

Current Price: $1,250 List Date: 5/06/2020 Last Modified: 1/30/2025

Overview

Description

Great condo in the Palencia gated community. This 2nd floor condo has gourmet granite kitchen, spacious master suite with walk-in closet and spacious master bath with dual sinks and walk-in shower. Screened Lanai for those breezy summer evenings. The Palencia community offers resort style amenities center with pools, tennis, fitness center and more. Water is included. HOA app fee of $150 is also required.

Listing Details MLS# 1042195

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1278
Living Area Source: Public Records
Year Built: 2005
Association YN: No
Association Fee Frequency: One Time
Carport Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Entry Level: 2
Directions: US1 East into Palencia, Right into Avila Condos, Straight through to Via Castilla on right. Building 315 on back right, unit on 2nd floor 202.
Public Remarks: Great condo in the Palencia gated community. This 2nd floor condo has gourmet granite kitchen, spacious master suite with walk-in closet and spacious master bath with dual sinks and walk-in shower. Screened Lanai for those breezy summer evenings. The Palencia community offers resort style amenities center with pools, tennis, fitness center and more. Water is included. HOA app fee of $150 is also required.
List Price/SqFt: 0.98
Sold Price/SqFt: 0.98

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Split Bedrooms Pool Features: None Association Amenities: Community Pool Parking Features: Guest Cooling: Central Air Heating: Central Road Surface Type: Asphalt Pets Allowed: Yes

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2020-03-05
Lease Term: 12 Months

Location Tax and Legal

Street Number: 315
Street Name: VIA CASTILLA
State: FL
County: St. Johns
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2023-11-20T03:23:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-04-17T19:45:56Z
Purchase Contract Date: 2020-05-12
Close Date: 2020-06-11
Close Price: 1250

Deposits and Fees

Application Fee: 50
Pet Fee/Deposit: 300
Security Deposit: 1250

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Per Period: 1250, LeasePrepFeeTenant: 75, Common Club Amenities-Club Facilities: Y
Public Historical Remarks 2: Occupancy: Negotiable,Call Office, Sewer - Public: Y
Public Historical Remarks 3: Date Available: 4/10/2020

Listing Office: DAVIDSON PROPERTY MANAGEMENT

Last Updated: January - 30 - 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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