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.

538 ORCHARD PASS Avenue, Ponte Vedra, FL 32081 (MLS# 1074076)

538 ORCHARD PASS Avenue, Ponte Vedra, FL 32081

$282,500

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,873 Status: Closed

Current Price: $282,500 List Date: 9/20/2020 Last Modified: 2/03/2025

Overview

Description

Welcome to gated 55+ Del Webb Ponte Vedra in Nocatee. This LAKEVIEW 2nd floor Cormorant Carriage Home condo is the largest floor plan available and is less than 1 year old! Offering 1,873 sft w/2 bedrms + Den (Or use it as a 3rd bedroom) + 2 1/2 baths w/large 21' screened lanai overlooking an open lawn & lake view with fountain! Our condo offers granite counters, ss appliances, ''wood look'' tile floors, cathedral ceilings, tile backsplash in kitchen, ceiling fans, smart door security & cable on lanai. Owner's seeking low maintenance lock and go lifestyle can also enjoy the Anastasia Club & it's amenities; indoor/outdoor pools & spas, pickle ball, tennis, fitness center, cafe', steam rm, sauna, crafts & full time activity director! Only 10+ minutes to PVBeach shopping, clubs & the OCEAN!

Listing Details MLS# 1074076

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1873
Living Area Source: Public Records
Year Built: 2019
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 1220
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1541.35
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: 2
Entry Level: 2
Senior Community YN: Yes
Directions: Go thru Del Webb Ponte Vedra guard gate, R on River Run, L on Orchard Pass, take 3rd R and follow to #538 on L.
Public Remarks: Welcome to gated 55+ Del Webb Ponte Vedra in Nocatee. This LAKEVIEW 2nd floor Cormorant Carriage Home condo is the largest floor plan available and is less than 1 year old! Offering 1,873 sft w/2 bedrms + Den (Or use it as a 3rd bedroom) + 2 1/2 baths w/large 21' screened lanai overlooking an open lawn & lake view with fountain! Our condo offers granite counters, ss appliances, ''wood look'' tile floors, cathedral ceilings, tile backsplash in kitchen, ceiling fans, smart door security & cable on lanai. Owner's seeking low maintenance lock and go lifestyle can also enjoy the Anastasia Club & it's amenities; indoor/outdoor pools & spas, pickle ball, tennis, fitness center, cafe', steam rm, sauna, crafts & full time activity director! Only 10+ minutes to PVBeach shopping, clubs & the OCEAN!
List Price/SqFt: 154.3
Sold Price/SqFt: 150.83

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Ice Maker; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Smart Home Features: Security; Smoke Detector Green Energy Efficient: Doors; Windows Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Patio Pool Features: None Roof: Shingle Parking Features: Additional Parking; Attached; Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Water Current Use: Multi-Family Association Amenities: Clubhouse; Fitness Center; Jogging Path; Management - Full Time; Sauna; Security; Tennis Court(s); Trash Association Fee Includes: Insurance; Pest Control Road Surface Type: Concrete Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2020-09-19

Location Tax and Legal

Street Number: 538
Street Name: ORCHARD PASS
Street Suffix: Avenue
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: 2020-11-13T01:53:16Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-23
Close Date: 2020-11-12
Close Price: 282500

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Electric Meter(s): 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
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Energy Features-Forced Air: Y, Energy Features-Ceiling Fan(s): Y, Utilities-Separate Water Meter(s): Y, Dining-Living/Dining Combo: Y, Condo Restrictions-Governed Covenants/Restrictions: Y, Club Amenities-Bike Path: Y, Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Office

Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Last Updated: February - 03 - 2025

Information deemed reliable but not guaranteed.