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.

73 CYPRESS GROVE Trail, Ponte Vedra, FL 32081 (MLS# 871035)

73 CYPRESS GROVE Trail, Ponte Vedra, FL 32081

$390,000

Virtual Tour

https://my.matterport.com/show/?m=HWjPPAAcLvx&mls=1

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,168 Status: Closed

Current Price: $390,000 List Date: 5/01/2017 Last Modified: 1/06/2025

Overview

Description

Active 55+ gated Del Webb Community is minutes from the beach. 2014 Tifton model on cul de sac, with fantastic water and preserve views allowing Florida wildlife sightings and sunsets. Beautiful well maintained home has a bright open floorplan, too many upgrades to list ( see documents). $24K in addtl landscaping. Spacious kitchen and breakfast bar, walk in master shower, plantation shutters, sink in laundry room Granite in kitchen and baths. This home allows so many living options with a flexroom, sunroom and extended Lanai. The flexroom can be used as a 3rd bedroom and sunroom as office. See Virtual Tour. Seller to pay $3000 towards closing costs.

Listing Details MLS# 871035

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2168
Living Area Source: Public Records
Year Built: 2014
Homestead YN: Yes
Lot Size Dimensions: .21 acres
Association YN: Yes
Association Fee: 170
Association Fee Frequency: Monthly
Association Fee 2: 950
Association Name: Riverwood by Del Web
Association Phone: 904 834 3400
CDD Fee YN: Yes
CDD Fee Amount: 1957
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Del Webb guard gate to dead end at River Run Blvd, turn L, second R on Wandering Woods, then first L on Wandering Woods Way, then first L Cypress Grove Trail (cal de sac). House is on L.
Public Remarks: Active 55+ gated Del Webb Community is minutes from the beach. 2014 Tifton model on cul de sac, with fantastic water and preserve views allowing Florida wildlife sightings and sunsets. Beautiful well maintained home has a bright open floorplan, too many upgrades to list ( see documents). $24K in addtl landscaping. Spacious kitchen and breakfast bar, walk in master shower, plantation shutters, sink in laundry room Granite in kitchen and baths. This home allows so many living options with a flexroom, sunroom and extended Lanai. The flexroom can be used as a 3rd bedroom and sunroom as office. See Virtual Tour. Seller to pay $3000 towards closing costs.
List Price/SqFt: 186.3
Sold Price/SqFt: 179.89

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Softener Owned Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Walk-In Closet(s) Flooring: Tile Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Doors; Windows Security Features: Smoke Detector(s) Construction Materials: Frame; Stucco Patio And Porch Features: Porch; Screened Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear Waterfront Features: Pond Current Use: Residential; Single Family Association Amenities: Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Sauna; Spa/Hot Tub; Tennis Court(s) Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-02-25

Location Tax and Legal

Street Number: 73
Street Name: CYPRESS GROVE
Street Suffix: Trail
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2023-11-14T07:10:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-05-01T15:21:54Z
Purchase Contract Date: 2017-05-09
Close Date: 2017-06-09
Close Price: 390000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Interior Amenities-Window Treatment(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Glass Room: Y, Covenants/Restrictions: Y, Club Amenities-Bike Path: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Oversize Garage/Storage: Y

More Information

Room Information

Room Name	Level	Length	Width	Remarks
Florida Room
Office
Utility Room
Great Room	First	15.00	19.00
Primary Bedroom	First	13.16	15.50
Dining Room	First	11.33	11.66	Separate Dining Room
Bonus Room	First	13.33	11.16
Bonus Room	First	11.50	11.00
Bedroom 1	First	12.33	11.50
Other	First	9.50	13.00

Documents

Del Webb Covenants and Restrictions ›

Del Webb Rules and Regulations ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 06 - 2025

Information deemed reliable but not guaranteed.