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.

51 WILD CYPRESS Circle, Ponte Vedra, FL 32081 (MLS# 927470)

51 WILD CYPRESS Circle, Ponte Vedra, FL 32081

$485,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,490 Status: Closed

Current Price: $485,000 List Date: 3/23/2018 Last Modified: 1/15/2025

Overview

Description

3BR/3BA PINNACLE Model in gated 55+ DWPV. Imagine sitting on screened lanai or birdcage overlooking preserve. Upgrades: water softener & rev. osmosis. Gourmet Kitchen w/ pull out drawers, LED lighting & Plantation Shutters throughout, Custom Master Closet, surround sound, EXTENDED 2 car + Golfcart garage w/ epoxy coated floor, $10K custom landscaping w/ drip irrigation. 8ft interior doors, custom interior paint, Rectangle tile in all living areas & HRWD in flex. Pull-down stairs w/extra attic flooring for storage. Owners enjoy 37,000 SF Anastasia Club w/heated indoor & outdoor pools, saunas, tennis, bocci, pickleball, clubs, Activity Dir. banquet facilities, bike/walk trails. Nocatee is the 3rd BEST SELLING COMMUNITY IN COUNTRY. Splash Park membership included. Close to BEACH & TPC Sawgra

Supplements: Sawgra

Listing Details MLS# 927470

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2490
Living Area Source: Public Records
Year Built: 2016
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Name: Riverwood by Del Web
Association Phone: 904-834-3400
CDD Fee YN: Yes
CDD Fee Amount: 2462.68
New Construction YN: No
Garage Spaces: 2.5
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: From Nocatee Pkwy. head south on Crosswater. Left into Del Webb through gate. right onto River Run, Right onto Pineland Bay Rd. Right onto Sweet Pine Trl. Left onto Wild Cypress Cr. Home is on left.
Public Remarks: 3BR/3BA PINNACLE Model in gated 55+ DWPV. Imagine sitting on screened lanai or birdcage overlooking preserve. Upgrades: water softener & rev. osmosis. Gourmet Kitchen w/ pull out drawers, LED lighting & Plantation Shutters throughout, Custom Master Closet, surround sound, EXTENDED 2 car + Golfcart garage w/ epoxy coated floor, $10K custom landscaping w/ drip irrigation. 8ft interior doors, custom interior paint, Rectangle tile in all living areas & HRWD in flex. Pull-down stairs w/extra attic flooring for storage. Owners enjoy 37,000 SF Anastasia Club w/heated indoor & outdoor pools, saunas, tennis, bocci, pickleball, clubs, Activity Dir. banquet facilities, bike/walk trails. Nocatee is the 3rd BEST SELLING COMMUNITY IN COUNTRY. Splash Park membership included. Close to BEACH & TPC Sawgra
List Price/SqFt: 198.8
Sold Price/SqFt: 194.78

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Water Softener Owned Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Bulbs; Smoke Detector Green Energy Efficient: Windows 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; Playground; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2018-03-23

Location Tax and Legal

Street Number: 51
Street Name: WILD CYPRESS
Street Suffix: Circle
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: 2018-05-09T15:14:55Z
Major Change Type: Status Change
Purchase Contract Date: 2018-04-14
Close Date: 2018-05-03
Close Price: 485000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Parking Facilities-Golf Cart Storage: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y, Structure Slab: Y

More Information

Room Information

Room Name
Family Room
Great Room
Office
Utility Room

Listing Office: WATSON REALTY CORP

Last Updated: January - 15 - 2025

Information deemed reliable but not guaranteed.