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.

7006 CYPRESS BRIDGE Drive N, Ponte Vedra Beach, FL 32082 (MLS# 1220532)

7006 CYPRESS BRIDGE Drive N, Ponte Vedra Beach, FL 32082

$830,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,619 Status: Closed

Current Price: $830,000 List Date: 4/05/2023 Last Modified: 2/22/2025

Overview

Description

Charming home in the heart of TPC. This 3BR/3BA home is open and bright. Loads of windows in the dining/family room and Kitchen. Tile flooring throughout (with underneath heaters). Updated kitchen with custom cabinetry and pullout drawers. Granite counters and new appliances. Screeened in Patio off the kitchen with serene views of the lot. Newer Duct work , garage door and well fed irrigation system. Brand new washer and dryer that convey

Listing Details MLS# 1220532

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2619
Living Area Source: Public Records
Year Built: 1987
Association YN: Yes
Association Fee: 760.5
Association Fee Frequency: Quarterly
Association Fee 2: 2253
Association Name: First Coast Assoc
Association Phone: 904-998-5365
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: A1A South to right on Solano Rd. Left into TPC gate. Left into Cypress Bridge,.
Public Remarks: Charming home in the heart of TPC. This 3BR/3BA home is open and bright. Loads of windows in the dining/family room and Kitchen. Tile flooring throughout (with underneath heaters). Updated kitchen with custom cabinetry and pullout drawers. Granite counters and new appliances. Screeened in Patio off the kitchen with serene views of the lot. Newer Duct work , garage door and well fed irrigation system. Brand new washer and dryer that convey
List Price/SqFt: 324.55
Sold Price/SqFt: 316.91

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Ranch; Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer; Wine Cooler Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; In-Law Floorplan; Kitchen Island; Pantry; Primary Downstairs; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Brick; Frame Patio And Porch Features: Patio; Porch; Screened Pool Features: None Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Wooded Current Use: Residential Association Amenities: Community Pool Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-04-05

Location Tax and Legal

Street Number: 7006
Street Name: CYPRESS BRIDGE
Street Suffix: Drive
Street Direction Suffix: N
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Cypress Bridge

Status Change Information

Major Change Timestamp: 2023-05-27T13:21:57Z
Major Change Type: Status Change
Purchase Contract Date: 2023-05-11
Close Date: 2023-05-26
Close Price: 830000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Bath-Owner Bath W/Whirlpool: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Interior Amenities-Ceiling 8+ Ft.: Y, Side Entry Garage: Y, Fireplace-Family Room: Y, Fireplace Mantle: Y
Public Historical Remarks 3: Intermediate School: Other

Room Information

Room Name
Family Room
Utility Room

Documents

Listing Office: PONTE VEDRA CLUB REALTY, INC.

Last Updated: February - 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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