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.

425 TIMBERWALK Court 1135, Ponte Vedra Beach, FL 32082 (MLS# 1220449)

425 TIMBERWALK Court 1135, Ponte Vedra Beach, FL 32082

$265,000

Virtual Tour

https://app.eastcoastvtours.com/v2/DPWZEBP/unbranded

17-web-or-mls-LR_425_Timberwalk_Ct_Unit_

6-web-or-mls-LR_425_Timberwalk_Ct_Unit_1

9-web-or-mls-LR_425_Timberwalk_Ct_Unit_1

11-web-or-mls-LR_425_Timberwalk_Ct_Unit_

12-web-or-mls-LR_425_Timberwalk_Ct_Unit_

13-web-or-mls-LR_425_Timberwalk_Ct_Unit_

14-web-or-mls-LR_425_Timberwalk_Ct_Unit_

16-web-or-mls-LR_425_Timberwalk_Ct_Unit_

19-web-or-mls-LR_425_Timberwalk_Ct_Unit_

20-web-or-mls-LR_425_Timberwalk_Ct_Unit_

22-web-or-mls-LR_425_Timberwalk_Ct_Unit_

24-web-or-mls-LR_425_Timberwalk_Ct_Unit_

25-web-or-mls-LR_425_Timberwalk_Ct_Unit_

26-web-or-mls-LR_425_Timberwalk_Ct_Unit_

27-web-or-mls-LR_425_Timberwalk_Ct_Unit_

30-web-or-mls-LR_425_Timberwalk_Ct_Unit_

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,012 Status: Closed

Current Price: $265,000 List Date: 4/06/2023 Last Modified: 2/22/2025

Overview

Description

Welcome to this turnkey Ponte Vedra Beach condo. This sunny residence offers a wide range of amenities to enhance your lifestyle. The condo features a dedicated business office, perfect for those who work remotely or require a quiet space to concentrate. Sports enthusiasts will appreciate the inclusion of tennis and pickleball courts, allowing for friendly matches and competitive games. Additionally, there is a weekly community pickleball event, fostering a sense of camaraderie among residents. Stay active with a basketball court and a well-equipped gym, ensuring you have ample options for maintaining a healthy lifestyle. Escape the Florida heat in the refreshing pool and hot tub area, which has been recently resurfaced for a modern look. Enjoy the beautiful outdoors further with a

Supplements: beach volleyball court, ideal for socializing and staying active with friends and neighbors. For those who enjoy outdoor cooking, a summer kitchen with a grill is available for use. Pet owners will appreciate the convenience of an on-site dog park, providing a safe and secure area for their furry friends to play and interact with other pets. Living ... (Read more)

Listing Details MLS# 1220449

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1012
Living Area Source: Public Records
Year Built: 1997
Association YN: Yes
Association Fee: 364.65
Association Fee Frequency: Monthly
Association Name: Belleza at Ponte Ved
Association Phone: 904-285-7396
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 3
Entry Level: 3
Directions: Take JTB East to right on A1A, then right at Ponte Vedra Lakes Blvd. Belleza is on the left after 2 stop signs.
Public Remarks: Welcome to this turnkey Ponte Vedra Beach condo. This sunny residence offers a wide range of amenities to enhance your lifestyle. The condo features a dedicated business office, perfect for those who work remotely or require a quiet space to concentrate. Sports enthusiasts will appreciate the inclusion of tennis and pickleball courts, allowing for friendly matches and competitive games. Additionally, there is a weekly community pickleball event, fostering a sense of camaraderie among residents. Stay active with a basketball court and a well-equipped gym, ensuring you have ample options for maintaining a healthy lifestyle. Escape the Florida heat in the refreshing pool and hot tub area, which has been recently resurfaced for a modern look. Enjoy the beautiful outdoors further with a
List Price/SqFt: 286.56
Sold Price/SqFt: 261.86

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Flat Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Exterior Features: Balcony Roof: Shingle Parking Features: Guest; On Street; Other Current Use: Multi-Family; Residential Association Amenities: Car Wash Area; Clubhouse; Community Pool; Fitness Center; Management - Full Time; Management - On Site; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Security; Trash Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2023-04-05

Location Tax and Legal

Street Number: 425
Street Name: TIMBERWALK
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 252-Ponte Vedra Beach-W Of A1A-N Of Solana Rd
Subdivision Name: Belleza At Ponte Vedra Condo

Status Change Information

Major Change Timestamp: 2023-11-17T21:35:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-07-05T17:59:18Z
Purchase Contract Date: 2023-07-31
Close Date: 2023-08-25
Close Price: 265000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Condo Restrictions-See Condo Docs: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Dining-Living/Dining Combo: Y, Condo Restrictions-Governed Covenants/Restrictions: Y, Interior Amenities-Sliding Glass Door(s): Y

Room Information

Room Name
Utility Room

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: February - 22 - 2025

Information deemed reliable but not guaranteed.