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.

601 1ST Street S 2B, Jacksonville Beach, FL 32250 (MLS# 2162726)

601 1ST Street S 2B, Jacksonville Beach, FL 32250

$600,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,080 Status: Active Under Contract

Current Price: $600,000 List Date: 9/08/2026 Last Modified: 10/17/2026

Overview

Description

Welcome to the immaculate Las Brisas condominiums.. This OCEANFRONT 2 bed 2 bath condo is move in ready with great ocean views and location.. Updated flooring throughout.. Upgraded kitchen and appliances for the new owner! Backsplash, countertops, cabinets, and the list goes on.. Full floor to ceiling windows in living room and primary suite, beautiful views and very relaxing out there.. Just south of the Jacksonville Beach Pier, you have all of Jax Beach at your disposal! Close to everything!

Listing Details MLS# 2162726

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1080
Living Area Source: Appraiser
Year Built: 1982
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Association YN: Yes
Association Fee: 961.77
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Stories: Yes
Stories Total: 7
Senior Community YN: No
Directions: From JTB head north on 3rd St S, make a right at 6th Ave S, turn right onto 1st St S & Las Brisas parking lot is on left. No sign on property. SUPRA BOX is located on the fence left of bldg.
Public Remarks: Welcome to the immaculate Las Brisas condominiums.. This OCEANFRONT 2 bed 2 bath condo is move in ready with great ocean views and location.. Updated flooring throughout.. Upgraded kitchen and appliances for the new owner! Backsplash, countertops, cabinets, and the list goes on.. Full floor to ceiling windows in living room and primary suite, beautiful views and very relaxing out there.. Just south of the Jacksonville Beach Pier, you have all of Jax Beach at your disposal! Close to everything!
List Price/SqFt: 555.56

Property Features

Appliances: Microwave; Refrigerator Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Parking Features: Additional Parking; Assigned; Garage; Garage Door Opener; Guest View: Beach Waterfront Features: Ocean Front Current Use: Residential; Single Family Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Appraisal; Financing; Inspection

Contract Information

Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2026-08-31
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 601
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 212-Jacksonville Beach-SE
Subdivision Name: Las Brisas

Status Change Information

Major Change Timestamp: 2026-10-17T17:21:48Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2026-10-16

DPR Eligible

DPR Eligible: Yes

More Information

Listing Office: COLDWELL BANKER ANABASIS REALTY

Last Updated: October - 17 - 2026

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.

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