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.

716 MILL TRAIL Court, Ponte Vedra Beach, FL 32082 (MLS# 1241719)

716 MILL TRAIL Court, Ponte Vedra Beach, FL 32082

$1,120,000

OHO Amenities Library - Sawmill Lakes (2

OHO Amenities Library - Sawmill Lakes (1

OHO Amenities Library - Sawmill Lakes (8

1st_floor_jpg_716_mill_trail_court_ponte

2nd_floor_jpg_716_mill_trail_court_ponte

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 3,690 Status: Closed

Current Price: $1,120,000 List Date: 10/04/2023 Last Modified: 2/25/2025

Overview

Description

Beautiful 6 bedrooms 4 full baths with downstairs office area. One owner home includes elevated finishes inside & out. Flagstone front & rear porches (rear screened new), wall fountain at front entry, extensive paver work, huge rear flagstone fire pit area, outside shower, stone cascading water feature, room for a pool, sitting on over 1/3 acre. Inside custom cabinetry, solid wood hand scraped floors with glued down cork barrier, owner suite downstairs. Thermal/zippered encapsulation of attic. Bedr 2 downstairs near full bath w/ steam mist shower. Downstairs laundry has utility sink & cabinetry. Jenn Air appliances, Plantation shutters throughout. AC's 2022, Roof 2016, Hot Water Heater 2023, Water Softener 2023.

Listing Details MLS# 1241719

General Property Information

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3690
Living Area Source: Public Records
Year Built: 1999
Association YN: Yes
Association Fee: 717.34
Association Fee Frequency: Semi-Annually
Association Name: Marsh Landing Mgmt
Association Phone: 904-273-3033
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Senior Community YN: No
Directions: A1A South to Right on Palm Valley Rd. Turn right at the East entrance of Sawmill Lakes entrance. Take first left then next left on Mill Trail Ct. 716 Mill Trail Ct will be at cul de sac.
Public Remarks: Beautiful 6 bedrooms 4 full baths with downstairs office area. One owner home includes elevated finishes inside & out. Flagstone front & rear porches (rear screened new), wall fountain at front entry, extensive paver work, huge rear flagstone fire pit area, outside shower, stone cascading water feature, room for a pool, sitting on over 1/3 acre. Inside custom cabinetry, solid wood hand scraped floors with glued down cork barrier, owner suite downstairs. Thermal/zippered encapsulation of attic. Bedr 2 downstairs near full bath w/ steam mist shower. Downstairs laundry has utility sink & cabinetry. Jenn Air appliances, Plantation shutters throughout. AC's 2022, Roof 2016, Hot Water Heater 2023, Water Softener 2023.
List Price/SqFt: 379.13
Sold Price/SqFt: 303.52

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Tile; Wood Utilities: Electricity Connected Cooling: Central Air Heating: Central Water Source: Public Security Features: Security System Owned Construction Materials: Frame; Other Exterior Features: Outdoor Shower Patio And Porch Features: Covered; Front Porch; Patio; Porch; Screened Roof: Shingle Parking Features: Attached; Garage Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Basketball Court; Community Pool; Playground; Security; Tennis Court(s) Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan Contingency Reason: Home Sale Room Types: Great Room; Office; Utility Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-08-08

Location Tax and Legal

Street Number: 716
Street Name: MILL TRAIL
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Sawmill Lakes

Status Change Information

Major Change Timestamp: 2024-04-02T13:27:12Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-09T01:28:16Z
Contingent Date: 2024-01-15
Purchase Contract Date: 2024-01-16
Close Date: 2024-04-01
Close Price: 1120000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Football Field(s): Y, Bath-Owner Bath W/Whirlpool: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Parking Facilities-Keypad Entry: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Landscape Lighting: Y, Covenants/Restrictions: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Atrium Door(s): Y, Side Entry Garage: Y, Oversize Garage/Storage: Y, Fenced Partial: Y
Public Historical Remarks 3: Intermediate School: Other, Occupant Type: Advance Notice, See ShowingAssist, See Private Remarks, No Sign on Property, Listing Agent Must Accompany