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.

429 CASPIA Lane, Ponte Vedra, FL 32081 (MLS# 902271)

429 CASPIA Lane, Ponte Vedra, FL 32081

$256,630

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,372 Status: Closed

Current Price: $256,630 List Date: 9/25/2017 Last Modified: 1/11/2025

Overview

Description

Located in Riverwood by Del Webb phase 2E in the Foxtail Section

Listing Details MLS# 902271

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1372
Living Area Source: Plans
Year Built: 2017
Association YN: Yes
Association Fee: 160
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1240
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Take I-95 to CR 210, Exit 329 Head East toward Ponte Vedra Stay straight on 210/Valley Ridge Blvd. (4 miles) Merge right onto Nocatee Pkwy Take Nocatee Pkwy to Crosswater Pkwy exit
Public Remarks: Located in Riverwood by Del Webb phase 2E in the Foxtail Section
List Price/SqFt: 187.1
Sold Price/SqFt: 187.05

Property Features

Approx Parcel Size: Less than .25 Acre; 400.1 to 640 Acres Architectural Style: Ranch Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Gas Water Heater; Microwave Interior Features: Breakfast Bar; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Green Energy Efficient: Appliances Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Front Porch; Patio Pool Features: None Spa Features: Private Roof: Other Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Maintenance Grounds; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-10-31

Location Tax and Legal

Street Number: 429
Street Name: CASPIA
Street Suffix: Lane
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: 2017-09-25T17:19:52Z
Major Change Type: Status Change
Purchase Contract Date: 2016-10-31
Close Date: 2017-03-15
Close Price: 256630

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Club Amenities-Nature Trails: Y, Interior aMENITIES-Prewired Audio: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Forced Air: Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Interior Amenities-Structured Wiring: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY

Last Updated: January - 11 - 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.