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.

620 Palencia Club Dr 302, St. Augustine, FL 32095 (MLS# 636288)

620 Palencia Club Dr 302, St. Augustine, FL 32095

$355,000

Virtual Tour

www.jacksonvillephototours.com/mls/8717

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,300 Status: Closed

Current Price: $355,000 List Date: 9/12/2012 Last Modified: 11/08/2024

Overview

Description

This penthouse condominium over looks the 9th and 18th hole with a hugh lake in between. Extremly well appointed this home has travertine floors a built in beverage center.Stainless Steel appliances.Elevator takes you to your two car garage. All of Palencias numeros amenities are within walking distance.

Listing Details MLS# 636288

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2300
Living Area Source: Public Records
Year Built: 2006
Association YN: Yes
Association Fee: 193
Association Fee Frequency: Monthly
Association Fee 2: 667.6
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 2378
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 3
Entry Level: 3
Directions: US 1 South to light at Palencia and International Golf Dr.Left into Palencia Go through round about onto Market St.AT the stop sign at the fountain turn left building is on the right.
Public Remarks: This penthouse condominium over looks the 9th and 18th hole with a hugh lake in between. Extremly well appointed this home has travertine floors a built in beverage center.Stainless Steel appliances.Elevator takes you to your two car garage. All of Palencias numeros amenities are within walking distance.
List Price/SqFt: 195.22
Sold Price/SqFt: 154.35

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Wine Cooler Interior Features: Breakfast Bar; Built-in Features; Elevator; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Concrete; Stucco Exterior Features: Balcony Parking Features: Additional Parking; Underground Current Use: Multi-Family Association Amenities: Community Pool; Golf Course; Management - Full Time; Playground; Tennis Court(s) Association Fee Includes: Insurance; Trash Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2012-09-12

Location Tax and Legal

Street Number: 620
Street Name: Palencia Club Dr
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2013-02-27T20:35:09Z
Major Change Type: Status Change
Purchase Contract Date: 2012-11-30
Close Date: 2013-02-11
Close Price: 355000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Condo Restrictions-See Condo Docs: Y, Interior Amenities-Window Treatment(s): Y, OwnerApprPublicMktg: Short Sale, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Atrium Door(s): Y
Public Historical Remarks 3: Unit Type: Flat, 3rd Story, Occupant Type: Special Instructions, Call Listing Agent

Documents

Floor Plans on File ›

Listing Office: THE LEGENDS OF REAL ESTATE

Last Updated: November - 08 - 2024

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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.

Compare listings

Compare