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.

528 MARQUESA Circle, St. Johns, FL 32259 (MLS# 1126395)

528 MARQUESA Circle, St. Johns, FL 32259

$778,959

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,136 Status: Closed

Current Price: $778,959 List Date: 8/17/2021 Last Modified: 12/30/2025

Overview

Description

MLS#1126395 Built by Taylor Morrison, Ready January! The Magdalen is a spacious home with a large back yard, stunning water to preserve view, and direct access to lagoon. At the heart of the home is an open-concept layout, with a kitchen overlooking the dining area and gathering room. Over-sized sliding glass doors open to a covered lanai to enjoy Florida's climate year-round. The owner's suite is a spacious retreat with a spa-like owner's bath including a large walk-in shower, walk-in closet and private commode. The two roomy secondary bedrooms feature walk-in closets and share a bathroom. Structural options added to 528 Marquesa Circle include: Tray ceilings, Pocket sliding glass door, gourmet kitchen, game room, 8' interior doors, alt. owner's bath. REPRESENTATIVE PHOTOS ADDED!

Listing Details MLS# 1126395

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3136
Living Area Source: Plans
Year Built: 2021
Lot Size Dimensions: 62x140
Association YN: Yes
Association Fee: 324.45
Association Fee Frequency: Monthly
Association Name: Vesta Property Serv
Association Phone: 904-747-0181
CDD Fee YN: Yes
CDD Fee Amount: 3922.12
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: From downtown Jacksonville, take I-95 South to exit 329 Hwy-210. Turn left on County Road 210. Turn left on Beachwalk Blvd. Model home located at 586 Marquesa Circle St. Johns, FL 32259.
Public Remarks: MLS#1126395 Built by Taylor Morrison, Ready January! The Magdalen is a spacious home with a large back yard, stunning water to preserve view, and direct access to lagoon. At the heart of the home is an open-concept layout, with a kitchen overlooking the dining area and gathering room. Over-sized sliding glass doors open to a covered lanai to enjoy Florida's climate year-round. The owner's suite is a spacious retreat with a spa-like owner's bath including a large walk-in shower, walk-in closet and private commode. The two roomy secondary bedrooms feature walk-in closets and share a bathroom. Structural options added to 528 Marquesa Circle include: Tray ceilings, Pocket sliding glass door, gourmet kitchen, game room, 8' interior doors, alt. owner's bath. REPRESENTATIVE PHOTOS ADDED!
List Price/SqFt: 245.49
Sold Price/SqFt: 248.39

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Property Condition: Under Construction Appliances: Dishwasher; Disposal; Gas Range; Gas Water Heater; Microwave; Tankless Water Heater Interior Features: Breakfast Bar; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Walk-In Closet(s) Flooring: Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air; Zoned Heating: Central; Zoned Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat; Security Security Features: Smoke Detector(s) Construction Materials: Fiber Cement; Frame Patio And Porch Features: Porch; Screened Roof: Metal Parking Features: Attached; Garage; Garage Door Opener View: Protected Preserve Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; 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: 2021-08-17

Location Tax and Legal

Street Number: 528
Street Name: MARQUESA
Street Suffix: Circle
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2023-11-17T04:16:51Z
Major Change Type: Price Change
Price Change Timestamp: 2021-08-18T17:38:12Z
Purchase Contract Date: 2021-08-25
Close Date: 2022-06-09
Close Price: 778959

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Self Cleaning Oven: Y, Aluminum Fencing: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Builder Warranty: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Sliding Glass Door(s): Y

Room Information

Room Name	Level	Length	Width	Remarks
Office
Other	First	11.00	12.00
Dining Room	First	11.00	14.00
Great Room	First	20.00	14.00
Primary Bedroom	First	18.00	14.00
Bedroom 2	First	11.00	12.00
Bedroom 1	First	12.00	12.00
Bedroom 3	Second	12.00	12.00
Bonus Room	Second	17.00	19.00	2nd Story

Listing Office: AVH NORTH FLORIDA LLC

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.