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.

491 BORACAY Circle, St. Johns, FL 32259 (MLS# 2097627)

491 BORACAY Circle, St. Johns, FL 32259

$301,000

Virtual Tour

https://app.eastcoastvtours.com/sites/wejovbb/unbranded

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,631 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $301,000 List Date: 7/09/2025 Last Modified: 3/04/2026

Overview

Description

Live every day like you're on vacation in this barely lived-in beauty—just a quick golf cart ride to Beachwalk's world-famous Crystal Lagoon, swim-up bar, private club, and endless resort-style amenities. Newly installed state of the art Flow Tech Water Treatment System which is solar-salt-free and maintenance free. With 3 bedrooms and 2.5 baths, this home combines luxury finishes w/ laid-back coastal living. The chef-inspired kitchen shines with quartz countertops, 42'' cabinets, a large island for gatherings, and a walk-in pantry. The sunny dining nook opens to a screened patio where peaceful pond views make every morning coffee and evening glass of wine feel like a getaway. The spacious family room is perfect for entertaining after a day on the water. Upstairs, the owner's suite offers a spa-like bath with walk-in shower, double vanity, and a generous walk-in closet. Two more bedrooms, a full bath with double vanity, and an upstairs laundry. Move-in ready, with FURNITURE NEGOTIA ... (Read more)

Supplements: Beachwalk's resort-style amenities are unparalleled: Enjoy the lagoon's white-sandy beaches while relaxing at the swim up bar or kayaking and paddleboarding around the lagoon. Take a morning water aerobics or yoga class right on the beach or just enjoy the two waterslides-adult included. Sports enthusiasts can enjoy a gull gym, tennis and pickle ... (Read more)

Listing Details MLS# 2097627

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1631
Living Area Source: Assessor
Year Built: 2022
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.06
Association YN: Yes
Association Fee: 381.33
Association Fee Frequency: Monthly
Association Fee 2: 214.7
Association Fee 2 Frequency: Monthly
Association Name: TPAM
CDD Fee YN: Yes
CDD Fee Amount: 2274
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Negotiable
Stories: 2
Senior Community YN: No
Directions: From I-95 head East on CR210. Take a left onto Beachwalk Blvd, Turn left onto Albany Bay Blvd, Left onto Boracay Cir. Home is on the right.
Public Remarks: Live every day like you're on vacation in this barely lived-in beauty—just a quick golf cart ride to Beachwalk's world-famous Crystal Lagoon, swim-up bar, private club, and endless resort-style amenities. Newly installed state of the art Flow Tech Water Treatment System which is solar-salt-free and maintenance free. With 3 bedrooms and 2.5 baths, this home combines luxury finishes w/ laid-back coastal living. The chef-inspired kitchen shines with quartz countertops, 42'' cabinets, a large island for gatherings, and a walk-in pantry. The sunny dining nook opens to a screened patio where peaceful pond views make every morning coffee and evening glass of wine feel like a getaway. The spacious family room is perfect for entertaining after a day on the water. Upstairs, the owner's suite offers a spa-like bath with walk-in shower, double vanity, and a generous walk-in closet. Two more bedrooms, a full bath with double vanity, and an upstairs laundry. Move-in ready, with FURNITURE NEGOTIAB
List Price/SqFt: 183.32
Sold Price/SqFt: 184.55

Property Features

Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Screened Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Pond Waterfront Features: Pond Current Use: Residential Association Amenities: Beach Access; Clubhouse; Community Pool; Dog Park; Fitness Center; Maintenance Grounds; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Pest Control Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan