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.

701 MARKET Street 202, St. Augustine, FL 32095 (MLS# 744162)

701 MARKET Street 202, St. Augustine, FL 32095

$187,000

Virtual Tour

http://www.tourfactory.com/idxr1252661

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,728 Status: Closed

Current Price: $187,000 List Date: 3/28/2016 Last Modified: 12/19/2024

Overview

Description

*BUYER'S FINANCING FELL THROUGH LAST MINUTE! CLEAN INSPECTION & APPRAISAL. READY FOR QUICK CLOSE!* IMMACULATE- TURNKEY READY! You WILL NOT find another condo of this magnitude in this price range! Luxurious and Cozy Corner Unit Condo in Palencia's Village Square. Unique building has protected garage parking and storage underneath. This spacious home features double trey ceilings with double crown mouldings, beautiful kitchen with Granite Countertops & Stainless Steel appliances, magnificent lighting fixtures throughout, oversized laundry/storage room, large private Den/Nursery/Flex Space, Granite in the bathrooms & much more. Screened Terrace adds additional 144sq ft of living space putting total square footage to 1872sq ft. W/in walking distance of 'A' rated Palencia Elementary.

Listing Details MLS# 744162

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1728
Living Area Source: Public Records
Year Built: 2007
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 482
CDD Fee YN: Yes
CDD Fee Amount: 2474
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Stories Total: 3
Directions: US 1 to Palencia. Straight on Palencia Village Dr. to roundabout. Take 2nd right onto Market St. 701 Market will be on the left. Enter through lobby and take elevator to 2nd floor.
Public Remarks: *BUYER'S FINANCING FELL THROUGH LAST MINUTE! CLEAN INSPECTION & APPRAISAL. READY FOR QUICK CLOSE!* IMMACULATE- TURNKEY READY! You WILL NOT find another condo of this magnitude in this price range! Luxurious and Cozy Corner Unit Condo in Palencia's Village Square. Unique building has protected garage parking and storage underneath. This spacious home features double trey ceilings with double crown mouldings, beautiful kitchen with Granite Countertops & Stainless Steel appliances, magnificent lighting fixtures throughout, oversized laundry/storage room, large private Den/Nursery/Flex Space, Granite in the bathrooms & much more. Screened Terrace adds additional 144sq ft of living space putting total square footage to 1872sq ft. W/in walking distance of 'A' rated Palencia Elementary.
List Price/SqFt: 108.22
Sold Price/SqFt: 108.22

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Elevator; Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: 24 Hour Security; Fire Sprinkler System; Smoke Detector(s) Construction Materials: Concrete; Stucco Exterior Features: Balcony Parking Features: Additional Parking; Assigned; Secured; Underground Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Multi-Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Management - Full Time; Playground; Tennis Court(s); Trash Association Fee Includes: Insurance; Maintenance Grounds; Water Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2014-11-04

Location Tax and Legal

Street Number: 701
Street Name: MARKET
Street Suffix: Street
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2023-11-13T21:29:15Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-01-01T12:21:11Z
Purchase Contract Date: 2016-03-28
Close Date: 2016-03-28
Close Price: 187000

Historical Information

Public Historical Remarks 1: Storage Room: Y, Club Amenities-Nature Trails: Y, Bath-Owner Bath W/Whirlpool: Y, Interior Amenities-Window Treatment(s): Y, Kitchen-Solid Surface Countertops: Y, Golf Course Comm: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y
Public Historical Remarks 3: Unit Type: Flat, End Unit, 2nd Story, Entry Level: End Unit, 2nd Story, Occupant Type: Vacant -Lockbox, Call Listing Office

More Information

Room Information

Room Name
Family Room
Office
Utility Room

Documents

Floor Plans ›

Palencia Golf Club Memberships ›

Seller Property Disclosure ›

Palencia Amenities ›

Listing Office: DAVIDSON REALTY, INC.

Last Updated: December - 19 - 2024

Information deemed reliable but not guaranteed.