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.

405 LA TRAVESIA FLORA 203, St. Augustine, FL 32095 (MLS# 2157820)

405 LA TRAVESIA FLORA 203, St. Augustine, FL 32095

$199,900

Virtual Tour

https://my.matterport.com/show/?m=EjhK2Qv6BCP

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

Current Price: $199,900 List Date: 7/30/2026 Last Modified: 9/21/2026

Overview

Description

Welcome to this inviting 2-bedroom, 2-bathroom residence nestled in the sought-after community of Palencia. Enjoy full access to all of Palencia's exceptional amenities, from resort-style pools and fitness centers to walking trails, pickleball courts, tennis courts, and vibrant social spaces. Ideally situated just a short drive from downtown historic Saint Augustine and the beautiful beaches of the Atlantic coast, this home offers the perfect blend of peaceful suburban living and convenient access to culture, dining, shopping, and coastal recreation. Whether you're seeking a primary residence or a relaxing getaway, this well-located property delivers comfort, community, and proximity to everything Northeast Florida has to offer. Schedule your private showing today!

Listing Details MLS# 2157820

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1278
Living Area Source: Assessor
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 653
Association Fee Frequency: Quarterly
Association Fee 2: 665
Association Fee 2 Frequency: Quarterly
CDD Fee YN: Yes
CDD Fee Amount: 2879.26
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 2
Entry Level: 2
Senior Community YN: No
Directions: Exit interstate 95 onto World Golf Village and go east to Palencia. condo is on the right
Public Remarks: Welcome to this inviting 2-bedroom, 2-bathroom residence nestled in the sought-after community of Palencia. Enjoy full access to all of Palencia's exceptional amenities, from resort-style pools and fitness centers to walking trails, pickleball courts, tennis courts, and vibrant social spaces. Ideally situated just a short drive from downtown historic Saint Augustine and the beautiful beaches of the Atlantic coast, this home offers the perfect blend of peaceful suburban living and convenient access to culture, dining, shopping, and coastal recreation. Whether you're seeking a primary residence or a relaxing getaway, this well-located property delivers comfort, community, and proximity to everything Northeast Florida has to offer. Schedule your private showing today!
List Price/SqFt: 156.42

Property Features

Levels: One Rental Restrictions: 1 Year Appliances: Dishwasher; Electric Oven; Refrigerator; Washer/Dryer Stacked Interior Features: Ceiling Fan(s); Pantry; Primary Bathroom - Shower No Tub Flooring: Carpet Laundry Features: In Unit Utilities: Sewer Connected Cooling: Central Air Heating: Central Water Source: Public Security Features: Security Gate Exterior Features: Balcony Parking Features: Assigned; Covered Current Use: Residential Association Amenities: Community Pool; Fitness Center; Park; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Water Possession: Close Of Escrow Listing Terms: Cash; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2026-07-30
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 405
Street Name: LA TRAVESIA FLORA
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2026-09-21T20:48:55Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-21T20:48:55Z

DPR Eligible

DPR Eligible: Yes

More Information

Documents

CDD Disclosure ›

Condo Rider ›

Flood Disclosure ›

Sellers Property Disclosure ›

Listing Office: PREMIER HOMES REALTY INC

Last Updated: September - 21 - 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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