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.

62 SLIP Cove, St. Johns, FL 32259 (MLS# 2134395)

62 SLIP Cove, St. Johns, FL 32259

$1,110,257

62 Slip Cove home site pre- construction

Great Room and Dining room with tray ceiling and crown molding.

Spacious backyard with view of the preserve and St. Johns River

Spacious backyard with view of the St. Johns River

Spacious backyard with pond views and views of the St. Johns River

Covered lanai with privacy wall and gas hookup

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,000 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $1,110,257 List Date: 3/11/2026 Last Modified: 4/23/2026

Overview

Description

Situated on the only waterfront homesite in the community, this exceptional new construction home offers breathtaking water views framed by majestic oak trees draped in beautiful Spanish moss. Enjoy peaceful scenery and a rare natural setting right from your backyard. Featuring the most popular floor plan in the neighborhood, this thoughtfully designed home offers approximately 3,000 square feet of living space. The flexible layout includes a spacious primary suite and an additional bedroom with full bath on the main level--perfect for guests, multi-generational living, or a private home office. The open-concept main living area is ideal for both everyday living and entertaining, while the upstairs provides additional bedrooms and versatile space. Combining a highly sought-after floor plan with the community's most unique homesite, this home offers a rare opportunity to enjoy brand-new waterfront living.

Listing Details MLS# 2134395

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3000
Living Area Source: Builder
Year Built: 2026
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.26
Association YN: Yes
Association Fee: 136
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2883
Accessibility Features YN: No
New Construction YN: Yes
Estimated Completion Date: 2026-03-11
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: From Mandarin and Greenbriar Rd, take SR 13 south, go through both Rivertown roundabouts, the entry is on the right. From CR 210 / 16A, turn right at Woodpeckers BBQ, the entry is 1/2 mile on the left hand side - (river side)
Public Remarks: Situated on the only waterfront homesite in the community, this exceptional new construction home offers breathtaking water views framed by majestic oak trees draped in beautiful Spanish moss. Enjoy peaceful scenery and a rare natural setting right from your backyard. Featuring the most popular floor plan in the neighborhood, this thoughtfully designed home offers approximately 3,000 square feet of living space. The flexible layout includes a spacious primary suite and an additional bedroom with full bath on the main level--perfect for guests, multi-generational living, or a private home office. The open-concept main living area is ideal for both everyday living and entertaining, while the upstairs provides additional bedrooms and versatile space. Combining a highly sought-after floor plan with the community's most unique homesite, this home offers a rare opportunity to enjoy brand-new waterfront living.
List Price/SqFt: 370.09
Sold Price/SqFt: 370.09

Property Features

Architectural Style: Craftsman Levels: Two Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Oven; Gas Cooktop; Gas Water Heater; Microwave; Plumbed For Ice Maker; Tankless Water Heater Interior Features: Breakfast Bar; Entrance Foyer; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Home; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Wood; Other Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Lower Level; Sink; Washer Hookup Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Multi Units Heating: Electric Electric: 200+ Amp Service Water Source: Public Sewer: Public Sewer Smart Home Features: Carbon Monoxide Detector; Irrigation; Programmable Thermostat; Smoke Detector Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Construction Materials: Composition Siding Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Corner Lot; Cul-De-Sac; Many Trees; Sprinklers In Front; Sprinklers In Rear View: River Waterfront Features: River Access; River Front Current Use: Single Family Association Amenities: Basketball Court; Boat Slip; Children's Pool; Clubhouse; Community Pool; Dog Park; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Park; Pickleball; Playground; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security Community Features: Curbs; Restaurant; Sidewalks Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-03-11

Location Tax and Legal

Street Number: 62
Street Name: SLIP
Street Suffix: Cove
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Rivertown Shores

Status Change Information

Major Change Timestamp: 2026-04-23T15:55:26Z
Major Change Type: Status Change
Purchase Contract Date: 2026-03-24
Close Date: 2026-04-22
Close Price: 1110257

DPR Eligible

DPR Eligible: No

More Information

Listing Office: JACKSONVILLE TBI REALTY, LLC

Last Updated: April - 23 - 2026

Information deemed reliable but not guaranteed.