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.

616 BRIAR WAY Lane, St. Johns, FL 32259 (MLS# 2109108)

616 BRIAR WAY Lane, St. Johns, FL 32259

$1,550

Property Type: Residential Lease Bedrooms: 3 Baths: 2 Square Footage: 1,260 Status: Closed

Current Price: $1,550 List Date: 9/17/2025 Last Modified: 12/22/2025

Overview

Description

Beautiful townhouse in the one of the most desirable areas of town with top rated schools within walking distance! 3BR/2BA, large primary bedroom, family/dining combo with new vinyl plank flooring, full kitchen. 2 oversize parking spaces directly in front, unit backs up to retention pond so complete privacy. Great location and St. Johns County schools, easy commute to everywhere in one of the most sought after areas to live in.

Listing Details MLS# 2109108

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1260
Living Area Source: Public Records
Year Built: 2004
Association YN: Yes
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: From San Jose Blvd, E on Racetrack Rd., Left into ''Riverside'', Right on Beech Brook, Left on Honeycomb Way, Left on Briar Way. Unit is on the right.
Public Remarks: Beautiful townhouse in the one of the most desirable areas of town with top rated schools within walking distance! 3BR/2BA, large primary bedroom, family/dining combo with new vinyl plank flooring, full kitchen. 2 oversize parking spaces directly in front, unit backs up to retention pond so complete privacy. Great location and St. Johns County schools, easy commute to everywhere in one of the most sought after areas to live in.
List Price/SqFt: 1.23
Sold Price/SqFt: 1.23

Property Features

Additional Lease Terms: 12 Months Appliances: Dishwasher; Disposal; Electric Range; Microwave; Refrigerator Interior Features: Breakfast Bar; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Patio And Porch Features: Front Porch; Porch Association Amenities: Community Pool; Fitness Center; Playground Water Source: Public Parking Features: Additional Parking Security Features: Smoke Detector(s) Waterfront Features: Pond Utilities: Cable Available Cooling: Central Air Heating: Central Road Surface Type: Asphalt Additional Fee Includes: Lease Prep Pets Allowed: No Room Types: Utility Room

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-09-17
Lease Term: 12 Months
Availability Date: 2025-09-17

Location Tax and Legal

Street Number: 616
Street Name: BRIAR WAY
Street Suffix: Lane
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Julington Creek

Status Change Information

Major Change Timestamp: 2025-12-22T15:35:54Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-27T15:32:24Z
Purchase Contract Date: 2025-11-19
Close Date: 2025-12-20
Close Price: 1550

Deposits and Fees

Additional Fee: 125
Application Fee: 75
Security Deposit: 1550

More Information

Room Information

Room Name
Utility Room

Listing Office: RE/MAX SPECIALISTS

Last Updated: December - 22 - 2025

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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