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.

505 BOARDWALK Drive 213, Ponte Vedra, FL 32082 (MLS# 754572)

505 BOARDWALK Drive 213, Ponte Vedra, FL 32082

$147,000

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

Current Price: $147,000 List Date: 1/26/2015 Last Modified: 7/30/2025

Overview

Description

Welcome to resort style living in Ponte Vedra Beach. Living here is like being on vacation every day. This first floor unit features split bedrooms,living and dining areas. Fresh paint makes it really shine and the new carpet in the bedrooms feels like you're walking on a cloud. This unit also has a garage and a separate storage area. Located in St. Johns's County you get to enjoy the finest schools in the state.

Listing Details MLS# 754572

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: 282
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Garage Spaces: Yes
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 3
Entry Level: Yes
Directions: From A-1-A travel west on Ponte Vedra Lakes Blvd. to turn around for the Belleza Condos on the L. Once thru the gate go past the amenities center around to building 505. Unit is in the center/
Public Remarks: Welcome to resort style living in Ponte Vedra Beach. Living here is like being on vacation every day. This first floor unit features split bedrooms,living and dining areas. Fresh paint makes it really shine and the new carpet in the bedrooms feels like you're walking on a cloud. This unit also has a garage and a separate storage area. Located in St. Johns's County you get to enjoy the finest schools in the state.
List Price/SqFt: 158
Sold Price/SqFt: 145.26

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Frame Exterior Features: Balcony Pool Features: Other Spa Features: Private Roof: Shingle Parking Features: On Street Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Management - Full Time; Spa/Hot Tub; Tennis Court(s); Trash Association Fee Includes: Maintenance Grounds; Trash Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2015-01-26

Location Tax and Legal

Street Number: 505
Street Name: BOARDWALK
Street Suffix: Drive
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: 2015-08-19T18:42:49Z
Major Change Type: Status Change
Purchase Contract Date: 2015-06-11
Close Date: 2015-07-20
Close Price: 147000

Historical Information

Public Historical Remarks 1: Condo Restrictions-See Condo Docs: Y, Club Amenities-Game Room: Y
Public Historical Remarks 2: Condo Restrictions-Pet Restrictions: Y, Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y
Public Historical Remarks 3: Unit Type: Flat, Ground Level, Occupant Type: Gated, Back-Ups Accepted, Tenant Occupied, Advance Notice

More Information

Room Information

Room Name
Utility Room

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: July - 30 - 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.

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