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.

627 SOUTHBRANCH Drive, St. Johns, FL 32259 (MLS# 1239691)

627 SOUTHBRANCH Drive, St. Johns, FL 32259

$278,500

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,497 Status: Closed

Current Price: $278,500 List Date: 7/27/2023 Last Modified: 4/17/2026

Overview

Description

Welcome to this unique 3 bedroom, 2.5 bath townhome in the highly popular area of Julington Creek! This end unit home, within this gated community, sits next to a preserve, giving your family ''elbow'' room. a large patio and expanded driveway are featured exterior features. There is even a place to hang your hammock! Inside, the master bedroom features a wonderful view over the pond and the 2nd and 3rd bedrooms share a ''Jack and Jill'' bath. The community provides multiple pools and amenity centers! The kitchen cabinets need some paint but, otherwise, this home is NICE?

Listing Details MLS# 1239691

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1497
Living Area Source: Public Records
Year Built: 2003
Association YN: Yes
Association Fee: 260
Association Fee Frequency: Quarterly
Association Name: Ambiance Management
Association Phone: (904)215-9744
CDD Fee YN: Yes
CDD Fee Amount: 480
New Construction YN: No
Garage Spaces: Yes
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Directions: San Jose Blvd (SR 13) south to Racetrack Rd. Left onto Racetrack. Left onto Southbranch Dr. Property is last home on the left.
Public Remarks: Welcome to this unique 3 bedroom, 2.5 bath townhome in the highly popular area of Julington Creek! This end unit home, within this gated community, sits next to a preserve, giving your family ''elbow'' room. a large patio and expanded driveway are featured exterior features. There is even a place to hang your hammock! Inside, the master bedroom features a wonderful view over the pond and the 2nd and 3rd bedrooms share a ''Jack and Jill'' bath. The community provides multiple pools and amenity centers! The kitchen cabinets need some paint but, otherwise, this home is NICE?
List Price/SqFt: 190.38
Sold Price/SqFt: 186.04

Property Features

Approx Parcel Size: Less than .25 Acre Appliances: Disposal; Electric Range; Electric Water Heater; Ice Maker Interior Features: Primary Bathroom - Tub with Shower Flooring: Laminate Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Patio And Porch Features: Porch Roof: Shingle Parking Features: Attached; Garage Waterfront Features: Pond Current Use: Residential Association Amenities: Community Pool Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2023-07-27
Unit Type: End Unit

Location Tax and Legal

Street Number: 627
Street Name: SOUTHBRANCH
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Southern Creek

Status Change Information

Major Change Timestamp: 2023-09-05T15:46:38Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-11
Close Date: 2023-08-31
Close Price: 278500

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y

Documents

HOA ›

CDD ›

Covenants & Restrictions ›

Listing Office: WATSON REALTY CORP

Last Updated: April - 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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