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.

42 MedJool Trail, Ponte Vedra, FL 32081 (MLS# 693557)

42 MedJool Trail, Ponte Vedra, FL 32081

$394,608

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,488 Status: Closed

Current Price: $394,608 List Date: 11/22/2013 Last Modified: 12/14/2024

Overview

Description

Come see this beauty: Stone accented front with paver drive and walk. Classicly appointed with granite counter tops, stainless appliances, large great room with open kitchen; the perfect home for entertaining. It boasts crown molding, large base boards, rounded drywall corners and much more!

Listing Details MLS# 693557

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2488
Living Area Source: Plans
Year Built: 2013
Association YN: Yes
Association Fee: 152.5
Association Fee Frequency: Monthly
Association Name: Continental Group
Association Phone: 904-733-3334
CDD Fee YN: Yes
CDD Fee Amount: 2323
New Construction YN: Yes
Garage Spaces: 2.5
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: I-95 to Old St. Augustine Rd. Right to US 1. US 1 to CR 210 East. Gate Station is landmark. Right at the sign for the Communities of Nocatee. Straight through roundabout.
Public Remarks: Come see this beauty: Stone accented front with paver drive and walk. Classicly appointed with granite counter tops, stainless appliances, large great room with open kitchen; the perfect home for entertaining. It boasts crown molding, large base boards, rounded drywall corners and much more!
List Price/SqFt: 160.71
Sold Price/SqFt: 158.6

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch Accessibility Features: Accessible Common Area Appliances: Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Utilities: Cable Available Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Front Porch; Porch; Screened Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Association Fee Includes: Pest Control Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2013-11-22

Location Tax and Legal

Street Number: 42
Street Name: MedJool
Street Suffix: Trail
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: 2023-11-13T18:26:58Z
Major Change Type: Price Change
Price Change Timestamp: 2014-01-28T16:50:15Z
Purchase Contract Date: 2014-03-08
Close Date: 2014-04-05
Close Price: 394608

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Club Amenities-Bike Path: Y, Bath-Garden Bath: Y, Interior Amenities-Structured Wiring: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Family Room
Great Room
Office
Utility Room

Listing Office: BUILDERS SERVICES INC

Last Updated: December - 14 - 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.

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