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.

617 MANGROVE THICKET Boulevard, Ponte Vedra, FL 32081 (MLS# 1007936)

617 MANGROVE THICKET Boulevard, Ponte Vedra, FL 32081

$450,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,922 Status: Closed

Current Price: $450,000 List Date: 9/12/2019 Last Modified: 1/26/2025

Overview

Description

Gorgeous home on .37 acres with water view backing up to lake & preserve. Owner has upgraded bathrooms and kitchen ($30,000) adding cabinets to kitchen, quartz counters in kitchen, quartz in master bathstainless appliances, custom closets, new counters in bathrooms, tile main living areas, new light fixtures, and plantation shutters & new exterior paint (2019) ; 8 ft doors Large screened lanai open on 2 sides; 4' extension on garage with attic storage. Pristine condition. Pavers on driveway and walkways. Lake, Preserve, cul-de-sac lot. Very light and bright. Community offers pickleball and tennis courts, indoor and outdoor pools, Clubhouse with exercise room, spa, ballroom, outdoor grills, billiard room and craft room. Approximately 7 miles to beach and Ponte Vedra restaurants/shops.

Supplements: restaurants/shops.

Listing Details MLS# 1007936

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1922
Living Area Source: Public Records
Year Built: 2015
Lot Size Dimensions: .37 acres
Association YN: Yes
Association Fee: 182.5
Association Fee Frequency: Monthly
Association Fee 2: 950
CDD Fee YN: Yes
CDD Fee Amount: 1695.14
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 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 Nocatee on your left.
Public Remarks: Gorgeous home on .37 acres with water view backing up to lake & preserve. Owner has upgraded bathrooms and kitchen ($30,000) adding cabinets to kitchen, quartz counters in kitchen, quartz in master bathstainless appliances, custom closets, new counters in bathrooms, tile main living areas, new light fixtures, and plantation shutters & new exterior paint (2019) ; 8 ft doors Large screened lanai open on 2 sides; 4' extension on garage with attic storage. Pristine condition. Pavers on driveway and walkways. Lake, Preserve, cul-de-sac lot. Very light and bright. Community offers pickleball and tennis courts, indoor and outdoor pools, Clubhouse with exercise room, spa, ballroom, outdoor grills, billiard room and craft room. Approximately 7 miles to beach and Ponte Vedra restaurants/shops.
List Price/SqFt: 239.28
Sold Price/SqFt: 234.13

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Washer Interior Features: Breakfast Bar; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile Cooling: Central Air Heating: Central; Heat Pump Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Patio And Porch Features: Patio Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac View: Protected Preserve; Water Waterfront Features: Lake Front; Pond Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Security; Spa/Hot Tub; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2019-07-27

Location Tax and Legal

Street Number: 617
Street Name: MANGROVE THICKET
Street Suffix: Boulevard
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: 2023-11-14T09:37:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-09-12T14:23:30Z
Purchase Contract Date: 2019-11-09
Close Date: 2019-11-25
Close Price: 450000

DPR Eligible

DPR Eligible: Yes

More Information

Historical Information

Public Historical Remarks 1: Mandatory Fees: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Aluminum Fencing: Y, Suburban Lot Location: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Dining-Living/Dining Combo: Y, Oversize Garage/Storage: Y, Structure Slab: Y, Fenced Partial: Y

Listing Office: COLDWELL BANKER PREMIER PROPERTIES

Last Updated: January - 26 - 2025

Information deemed reliable but not guaranteed.