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.

7175 A1A, St. Augustine, FL 32080 (MLS# 1092299)

7175 A1A, St. Augustine, FL 32080

$183,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 968 Status: Closed

Current Price: $183,500 List Date: 1/28/2021 Last Modified: 2/05/2025

Overview

Description

Check out this ground level unit in highly desirable Pelican Inlet Condos! Steps from the beach and intracoastal, this unit is ready to be updated to your liking! A short drive brings you to the ''Golden Mile'' where shops, restaurants, and small businesses are abundant. Great for investors, snowbirds or a combination of both..Short term rentals allowed

Listing Details MLS# 1092299

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 968
Living Area Source: Public Records
Year Built: 1974
Association YN: Yes
Association Fee: 400
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: A1A south to Pelican Inlet Condos on right - use first entrap (before sign) building F Unit F139 in back
Public Remarks: Check out this ground level unit in highly desirable Pelican Inlet Condos! Steps from the beach and intracoastal, this unit is ready to be updated to your liking! A short drive brings you to the ''Golden Mile'' where shops, restaurants, and small businesses are abundant. Great for investors, snowbirds or a combination of both..Short term rentals allowed
List Price/SqFt: 191.12
Sold Price/SqFt: 189.57

Property Features

Approx Parcel Size: Condo-NA Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Lot Features: Other Current Use: Multi-Family Association Amenities: Beach Access; Boat Launch; Community Pool; Tennis Court(s) Possession: Negotiable

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2021-01-23

Location Tax and Legal

Street Number: 7175
Street Name: A1A
County: St. Johns
State: FL
Postal Code: 32080
MLS Area Major: 332-Crescent Beach/Summer Haven
Subdivision Name: Pelican Inlet Condo

Status Change Information

Major Change Timestamp: 2021-04-06T23:40:52Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-30
Close Date: 2021-04-05
Close Price: 183500

Historical Information

Public Historical Remarks 3: Occupant Type: Vacant -Lockbox, Call Listing Agent

More Information

Listing Office: ENDLESS SUMMER REALTY

Last Updated: February - 05 - 2025

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare