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.

47 CASPIA Lane, Ponte Vedra, FL 32081 (MLS# 879505)

47 CASPIA Lane, Ponte Vedra, FL 32081

$275,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,437 Status: Closed

Current Price: $275,000 List Date: 8/31/2017 Last Modified: 1/07/2025

Overview

Description

Immaculately maintained, like new 1 owner home in NE Florida's #1 Active Adult Community of Del Webb Ponte Vedra. This home has an open floor plan to maximize your space. MOVE IN READY with 17'' porcelain tile Floors throughout as well as upgrades throughout to enjoy. Enjoy peaceful moments on your screen lanai which backs up to the private wildlife wetland preserve. Maximize all the benefits of living in this 55+ gated, community with remarkable amenities including indoor heated pool, fully equipped fitness center, resort outdoor pool, tennis & bocce ball courts, shuffleboard, full time activity director, clubs and events to meet your new friends. Your fun continues with all of the Nocatee community amenities at your fingertips including Splash waterpark!

Supplements: Rounded corners on all walls, triple wide sliding door from master bedroom to lanai, designer glass/iron inset front door, granite countertops in kitchen and master bath, corian countertop in guest bath, 2 panel architectural doors throughout, all blinds & window treatments convey, recessed lighting in great room, kitchen & master suite all on dimm ... (Read more)

Listing Details MLS# 879505

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1437
Living Area Source: Public Records
Year Built: 2014
Homestead YN: Yes
Association YN: Yes
Association Fee: 170
Association Fee Frequency: Monthly
Association Name: Del Webb
Association Phone: 904-834-3400
CDD Fee YN: Yes
CDD Fee Amount: 1241
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: CR210/Nocatee Pkwy-Exit (South) Crosswater Pkwy. Thru roundabout to dead end. L into Del Webb-thru guard gate. R onto River Run, L onto Foxtail, R onto Caspia Lane, Home on Right
Public Remarks: Immaculately maintained, like new 1 owner home in NE Florida's #1 Active Adult Community of Del Webb Ponte Vedra. This home has an open floor plan to maximize your space. MOVE IN READY with 17'' porcelain tile Floors throughout as well as upgrades throughout to enjoy. Enjoy peaceful moments on your screen lanai which backs up to the private wildlife wetland preserve. Maximize all the benefits of living in this 55+ gated, community with remarkable amenities including indoor heated pool, fully equipped fitness center, resort outdoor pool, tennis & bocce ball courts, shuffleboard, full time activity director, clubs and events to meet your new friends. Your fun continues with all of the Nocatee community amenities at your fingertips including Splash waterpark!
List Price/SqFt: 194.78
Sold Price/SqFt: 191.37

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Green Water Conservation: Low-Flow Fixtures Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Security; Spa/Hot Tub; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-04-28

Location Tax and Legal

Street Number: 47
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: 2023-11-14T07:40:25Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-10-03T20:45:45Z
Purchase Contract Date: 2017-12-07
Close Date: 2017-12-21
Close Price: 275000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Pulte
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Structure Slab: Y

More Information

Room Information

Room Name	Level	Length	Width
Media Room
Utility Room
Kitchen	First	13.50	13.50
Great Room	First	26.00	14.50
Primary Bedroom	First	15.00	14.50
Bedroom 1	First	11.00	10.50
Bedroom 2	First	9.00	8.00
Other	First	16.00	8.00

Listing Office: URWAY REALTY LLC

Last Updated: January - 07 - 2025

Information deemed reliable but not guaranteed.