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.

547 ORCHARD PASS Avenue, Ponte Vedra, FL 32081 (MLS# 1079695)

547 ORCHARD PASS Avenue, Ponte Vedra, FL 32081

$288,000

Virtual Tour

https://youriguide.com/547_orchard_pass_ave_ponte_vedra_fl

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,457 Status: Closed

Current Price: $288,000 List Date: 10/28/2020 Last Modified: 2/03/2025

Overview

Description

This maintenance free first floor Heron plan features over $40K in upgrades! Nocatee's Riverwood by Del Webb is a master-planned 55+ community within the world-renowned Ponte Vedra area which is one of the best-selling master-planned communities in America, and the number one place to call home on the First Coast. Owners enjoy the use of the $15M Anastasia Club featuring pools and spas both inside and out, pickle ball, tennis, a fitness center and café, bocce courts, sauna, several social clubs, full-time activity director and so much more. Nocatee is a coastal community surrounded by 2,400 acres of preserve just minutes from the Atlantic Ocean, that blends a variety of neighborhoods with schools, parks, recreation, offices, shopping, restaurants and so much more.

Supplements: Nocatee is just a few minutes away from pristine beaches, golf courses, business parks and major airports in downtown Jacksonville & St. Augustine. Nocatee is more than a community, it's a lifestyle. Nocatee amenities include: Splash Water Park featuring Rip Tide Slide, Lazy Tides River, Splash Cove, lagoon pool, 330-foot zip line, swim club pool, ... (Read more)

Listing Details MLS# 1079695

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1457
Living Area Source: Public Records
Year Built: 2019
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 1220
Association Name: Riverwood at Del Web
CDD Fee YN: Yes
CDD Fee Amount: 1541.29
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Stories Total: 2
Entry Level: Yes
Senior Community YN: Yes
Directions: I-95 to Exit 335 East. Turn right onto U.S. 1 South Stay right and exit onto the Nocatee Pkwy flyover. Exit Right onto Crosswater Pkwy, follow until you see Del Webb Ponte Vedra on your left.
Public Remarks: This maintenance free first floor Heron plan features over $40K in upgrades! Nocatee's Riverwood by Del Webb is a master-planned 55+ community within the world-renowned Ponte Vedra area which is one of the best-selling master-planned communities in America, and the number one place to call home on the First Coast. Owners enjoy the use of the $15M Anastasia Club featuring pools and spas both inside and out, pickle ball, tennis, a fitness center and café, bocce courts, sauna, several social clubs, full-time activity director and so much more. Nocatee is a coastal community surrounded by 2,400 acres of preserve just minutes from the Atlantic Ocean, that blends a variety of neighborhoods with schools, parks, recreation, offices, shopping, restaurants and so much more.
List Price/SqFt: 202.47
Sold Price/SqFt: 197.67

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat; Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile; Wood Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Smart Home Features: Locks; Programmable Thermostat Green Energy Efficient: Appliances Construction Materials: Frame; Stucco Patio And Porch Features: Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage Lot Features: Other Waterfront Features: Pond Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Maintenance Grounds; Management - Full Time; Security; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2020-10-24

Location Tax and Legal

Street Number: 547
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: 2023-11-14T10:56:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-12-17T03:33:20Z
Purchase Contract Date: 2021-01-04
Close Date: 2021-01-05
Close Price: 288000

Historical Information

Public Historical Remarks 1: 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-Ceiling Fan(s): Y, Club Amenities-Bike Path: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-French Door(s): Y

More Information

Room Information

Room Name
Great Room
Office
Utility Room

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: February - 03 - 2025

Information deemed reliable but not guaranteed.