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.

417 ORCHARD PASS Avenue, Ponte Vedra, FL 32081 (MLS# 1059819)

417 ORCHARD PASS Avenue, Ponte Vedra, FL 32081

$329,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,815 Status: Closed

Current Price: $329,000 List Date: 6/23/2020 Last Modified: 2/01/2025

Overview

Listing Details MLS# 1059819

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1815
Living Area Source: Plans
Year Built: 2020
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 270
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1541.35
New Construction YN: Yes
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Entry Level: 2
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.
List Price/SqFt: 181.27
Sold Price/SqFt: 181.27

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage; Guest Current Use: Residential Association Amenities: Community Pool Possession: Negotiable

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2019-09-02

Location Tax and Legal

Street Number: 417
Street Name: ORCHARD PASS
Street Suffix: Avenue
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2020-06-23T15:39:07Z
Major Change Type: Status Change
Purchase Contract Date: 2019-09-09
Close Date: 2020-06-23
Close Price: 329000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y

More Information

Listing Office: PULTE REALTY OF NORTH FLORIDA, LLC.

Last Updated: February - 01 - 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.