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.

74 HIGH RIDGE Point, Ponte Vedra, FL 32081 (MLS# 1198854)

74 HIGH RIDGE Point, Ponte Vedra, FL 32081

$4,199

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,789 Status: Closed

Current Price: $4,199 List Date: 11/10/2022 Last Modified: 2/19/2025

Overview

Description

Beautiful 4 bedroom + office/flex room, 3 baths + 3 car garage. Ellaville floor plan by Providence. Located in Freedom Landing - Crosswater. Spacious gourmet kitchen opens to the family room. Fully fenced backyard with a peaceful lake view. Lawn care included in rent. Approximately 12 minute golf cart ride to Spray/Splash water parks! Zoned for Pine Island Academy (PIA) K-8 school and Nease High School.

Listing Details MLS# 1198854

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2789
Living Area Source: Public Records
Year Built: 2019
Association YN: No
Association Fee Frequency: One Time
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Directions: Nocatee Pkwy to Crosswater Pkwy. Head S on Crosswater Pkwy approx 3 mi. At 3rd traffic circle make a R onto Crosswater Lake Dr. Make 1st left onto Village Landing Dr. Turn Right onto Village Grand.
Public Remarks: Beautiful 4 bedroom + office/flex room, 3 baths + 3 car garage. Ellaville floor plan by Providence. Located in Freedom Landing - Crosswater. Spacious gourmet kitchen opens to the family room. Fully fenced backyard with a peaceful lake view. Lawn care included in rent. Approximately 12 minute golf cart ride to Spray/Splash water parks! Zoned for Pine Island Academy (PIA) K-8 school and Nease High School.
List Price/SqFt: 1.51
Sold Price/SqFt: 1.51

Property Features

Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer Interior Features: Walk-In Closet(s) Patio And Porch Features: Porch Pool Features: None Association Amenities: Community Pool Fencing: Back Yard Cooling: Central Air Heating: Central Road Surface Type: Asphalt

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2022-11-01
Lease Term: 12 Months

Location Tax and Legal

Street Number: 74
Street Name: HIGH RIDGE
Street Suffix: Point
State: FL
County: St. Johns
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Freedom Landing At Crosswater

Status Change Information

Major Change Timestamp: 2023-11-20T08:46:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-12-06T13:28:06Z
Purchase Contract Date: 2022-12-14
Close Date: 2023-01-02
Close Price: 4199

Deposits and Fees

Application Fee: 60
Security Deposit: 4199

More Information

Historical Information

Public Historical Remarks 1: Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, Per Period: 4199, LeasePrepFeeTenant: 150
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y

Listing Office: LEGACY REALTY GROUP LLC

Last Updated: February - 19 - 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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