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.

58 SABAL RIDGE, Ponte Vedra, FL 32081 (MLS# 798443)

58 SABAL RIDGE, Ponte Vedra, FL 32081

$498,500

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,604 Status: Closed

Current Price: $498,500 List Date: 10/24/2015 Last Modified: 12/26/2024

Overview

Listing Details MLS# 798443

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2604
Living Area Source: Public Records
Year Built: 2011
Homestead YN: Yes
Association YN: Yes
Association Fee: 300
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2000
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
List Price/SqFt: 191.44
Sold Price/SqFt: 191.44

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Cooling: Central Air Heating: Central; Heat Pump Water Source: Private Sewer: Private Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Concrete Patio And Porch Features: Covered; Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Spa/Hot Tub; Tennis Court(s) Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2015-02-02

Location Tax and Legal

Street Number: 58
Street Name: SABAL RIDGE
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: 2015-10-24T21:28:09Z
Major Change Type: Status Change
Purchase Contract Date: 2015-02-03
Close Date: 2015-03-26
Close Price: 498500

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Landscape Lighting: Y, Covenants/Restrictions: Y, Builder Warranty: Y

More Information

Listing Office: NON MLS (realMLS)

Last Updated: December - 26 - 2024

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.