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.

350 ORCHARD PASS Avenue, Ponte Vedra, FL 32091 (MLS# 1111015)

350 ORCHARD PASS Avenue, Ponte Vedra, FL 32091

$265,960

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,538 Status: Closed

Current Price: $265,960 List Date: 5/20/2021 Last Modified: 9/11/2024

Overview

Description

Pulte, Egret Floorplan, 2 bed, 2 bath, and 2 car garage

Listing Details MLS# 1111015

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1538
Living Area Source: Plans
Year Built: 2021
Association YN: Yes
Association Fee: 195
Association Fee Frequency: Monthly
Association Fee 2: 1585
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1541.35
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: I-95 to Exit 335 East. Turn right onto U.S. 1 South Stay right and exit onto the Nocatee Pkwy flyover. Exit Right onto Crosswater Pkwy, follow until you see Del Webb Ponte Vedra on your left.
Public Remarks: Pulte, Egret Floorplan, 2 bed, 2 bath, and 2 car garage
List Price/SqFt: 157.02
Sold Price/SqFt: 172.93

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Patio Home Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Current Use: Multi-Family; Residential Association Amenities: Community Pool Possession: Negotiable

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2020-03-17

Location Tax and Legal

Street Number: 350
Street Name: ORCHARD PASS
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32091
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2021-07-01T01:59:20Z
Major Change Type: Status Change
Purchase Contract Date: 2020-03-18
Close Date: 2021-06-29
Close Price: 265960

More Information

Listing Office: NON MLS (realMLS)

Last Updated: September - 11 - 2024

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.