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.

401 CLIFTON BAY Loop, St. Johns, FL 32259 (MLS# 1195907)

401 CLIFTON BAY Loop, St. Johns, FL 32259

$510,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,297 Status: Closed

Current Price: $510,000 List Date: 10/13/2022 Last Modified: 2/17/2026

Overview

Description

FRESHLY PAINTED INTERIOR AND TRIM! Entire exterior wash plus driveway pressure washed. This spacious Beach Walk home is situated on a pond with a fenced in yard and screened lanai perfect for any phase of life you're in. Enjoy the perks of living in a less than 2 year old home and all the Beach Walk amenities that come with it. This Chastain floorplan has the third level bonus room with plenty of space for extra guests, an office, exercise equipment, or game room. Live an active lifestyle including tennis, community events, and the famous 14 acre crystal lagoon surrounded by sugar sand beaches.

Listing Details MLS# 1195907

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2297
Living Area Source: Public Records
Year Built: 2021
Association YN: Yes
Association Fee: 370
Association Fee Frequency: Quarterly
Association Fee 2: 290
Association Fee 2 Frequency: One Time
CDD Fee YN: Yes
CDD Fee Amount: 3960
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 3
Directions: Enter Beach Walk through the West entrance, then first left on Albany Bay Blvd. Then right on Clifton Bay loop. The house on the right.
Public Remarks: FRESHLY PAINTED INTERIOR AND TRIM! Entire exterior wash plus driveway pressure washed. This spacious Beach Walk home is situated on a pond with a fenced in yard and screened lanai perfect for any phase of life you're in. Enjoy the perks of living in a less than 2 year old home and all the Beach Walk amenities that come with it. This Chastain floorplan has the third level bonus room with plenty of space for extra guests, an office, exercise equipment, or game room. Live an active lifestyle including tennis, community events, and the famous 14 acre crystal lagoon surrounded by sugar sand beaches.
List Price/SqFt: 228.56
Sold Price/SqFt: 222.03

Property Features

Approx Parcel Size: .25 to .5 Acre Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer Interior Features: Breakfast Nook; Kitchen Island; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Brick Patio And Porch Features: Porch; Screened Pool Features: None Roof: Metal Parking Features: Additional Parking; Attached; Garage View: Water Waterfront Features: Pond Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Tennis Court(s) 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: 2022-10-13

Location Tax and Legal

Street Number: 401
Street Name: CLIFTON BAY
Street Suffix: Loop
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2023-11-17T16:10:33Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-01-10T17:19:02Z
Purchase Contract Date: 2023-02-17
Close Date: 2023-03-17
Close Price: 510000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Family Room
Loft

Documents

CDD Disclosure ›

HOA Disclosure ›

Sellers Property Disclosure ›

Listing Office: RE/MAX UNLIMITED

Last Updated: February - 17 - 2026

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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