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.

440 LA TRAVESIA FLORA 102, St. Augustine, FL (MLS# 756427)

440 LA TRAVESIA FLORA 102, St. Augustine, FL

$82,500

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

Current Price: $82,500 List Date: 2/05/2015 Last Modified: 12/21/2024

Overview

Description

Very nice 2/2 condo with DEN, ground level, VIEWS woods, covered parking, storage room. Living/dining/den feature WOOD FLOORS, kitchen and baths; tile, bedrooms; carpet. GRANITE kitchen counters, plantation shutters throughout, A/C & refrigerator NEW in 2012. Master/Condo/CDD fees include water, sewer, basic internet/TV, garbage, building insurance, access to 4 pools, tennis courts, exercise facilities, play grounds, ball fields, trails, etc. Palencia Elementary school in walking distance. (CDD Fees included in $3256.10 taxes.) Between Jacksonville and St. Augustine along US1.

Listing Details MLS# 756427

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1278
Living Area Source: Public Records
Year Built: 2005
Association YN: Yes
Association Fee: 695
Association Fee Frequency: Quarterly
Association Fee 2: 440
Association Fee 2 Frequency: Quarterly
Association Name: Palencia
Association Phone: 386-445-9282
CDD Fee YN: Yes
CDD Fee Amount: 2505
New Construction YN: No
Carport Spaces: Yes
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 2
Entry Level: Yes
Directions: US1 to Palencia, turn right by the AVILA sign, follow Calle el Jardin to La Travesia Flora. If approaching via I-95 exit #323 and drive east on International Golf Parkway to Palencia Village Dr.
Public Remarks: Very nice 2/2 condo with DEN, ground level, VIEWS woods, covered parking, storage room. Living/dining/den feature WOOD FLOORS, kitchen and baths; tile, bedrooms; carpet. GRANITE kitchen counters, plantation shutters throughout, A/C & refrigerator NEW in 2012. Master/Condo/CDD fees include water, sewer, basic internet/TV, garbage, building insurance, access to 4 pools, tennis courts, exercise facilities, play grounds, ball fields, trails, etc. Palencia Elementary school in walking distance. (CDD Fees included in $3256.10 taxes.) Between Jacksonville and St. Augustine along US1.
List Price/SqFt: 68.47
Sold Price/SqFt: 64.55

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central; Electric Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Concrete; Stucco Patio And Porch Features: Porch; Screened Pool Features: Other Spa Features: Private Parking Features: Guest; On Street Lot Features: Wooded Current Use: Multi-Family Association Amenities: Children's Pool; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Management - Full Time; Management - Off Site; Playground; Spa/Hot Tub; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Sewer; Water Possession: Negotiable

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2015-02-04

Location Tax and Legal

Street Number: 440
Street Name: LA TRAVESIA FLORA
County: St. Johns
State: FL
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2015-02-19T16:25:59Z
Major Change Type: Status Change
Purchase Contract Date: 2015-02-16
Close Date: 2015-02-18
Close Price: 82500

Historical Information

Public Historical Remarks 1: Storage Room: Y, Utilities-Separate Electric Meter(s): Y, Utilities-Common Sewer: Y, Condo Restrictions-See Condo Docs: Y, Club Amenities-Nature Trails: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Condo Restrictions-Pet Restrictions: Y, Common Club Amenities-Club Facilities: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Utilities-Common Water: Y, Dining-Living/Dining Combo: Y, Condo Restrictions-Governed Covenants/Restrictions: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Structure Slab: Y
Public Historical Remarks 3: Unit Type: Flat, Ground Level, Occupant Type: Vacant -Lockbox, See ShowingAssist, Back-Ups Accepted

More Information

Room Information

Room Name
Utility Room
Primary Bedroom
Bedroom 1
Dining Room
Kitchen
Living Room
Bonus Room

Listing Office: RE/MAX UNLIMITED

Last Updated: December - 21 - 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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