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.

767 SEA OATS BAY, Ponte Vedra Beach, FL 32082 (MLS# 2159985)

767 SEA OATS BAY, Ponte Vedra Beach, FL 32082

$2,250

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 1,113 Status: Closed

Current Price: $2,250 List Date: 8/13/2026 Last Modified: 9/27/2026

Overview

Description

Great single story condo with no one living above you. 2 bedrooms and 2 updated bathrooms in the heart of Ponte Vedra Beach. Large screened patio with additional paver patio outside. Bike to the beach. Wonderful community amenities. Excellent rated schools. Available September 1. Dogs under 40 pounds allowed with owner approval. Water included in rent. No smoking inside the home.

Listing Details MLS# 2159985

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Unit Type: Interior Unit
Living Area: 1113
Living Area Source: Public Records
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Association YN: Yes
Accessibility Features YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Entry Level: Yes
Senior Community YN: No
Directions: From Butler Blvd go south on A1A past Corona Rd. Left into Summerhouse on Ocean Place. Left on Sandcastle. Left on Driftwood. Rt on Sea Oats Bay. Condo is on the left.
Public Remarks: Great single story condo with no one living above you. 2 bedrooms and 2 updated bathrooms in the heart of Ponte Vedra Beach. Large screened patio with additional paver patio outside. Bike to the beach. Wonderful community amenities. Excellent rated schools. Available September 1. Dogs under 40 pounds allowed with owner approval. Water included in rent. No smoking inside the home.
List Price/SqFt: 2.02
Sold Price/SqFt: 2.02

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Vaulted Ceiling(s); Walk-In Closet(s) Patio And Porch Features: Covered; Screened Association Amenities: Clubhouse; Community Pool; Tennis Court(s); Trash Water Source: Public Parking Features: Parking Lot Utilities: Cable Available Cooling: Central Air; Electric Heating: Central; Electric Road Surface Type: Asphalt Tenant Pays: Cable TV; Electricity; Security Pets Allowed: Yes

Contract Information

Rental Service: None
Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2026-08-13
Lease Term: 12 Months
Availability Date: 2026-09-01

Location Tax and Legal

Street Number: 767
Street Name: SEA OATS BAY
State: FL
County: St. Johns
Postal Code: 32082
MLS Area Major: 261-Ponte Vedra Bch-S Of Corona-E Of A1E/Lake Pv
Subdivision Name: Summer House

Status Change Information

Major Change Timestamp: 2026-09-27T15:02:55Z
Major Change Type: Status Change
Purchase Contract Date: 2026-09-09
Close Date: 2026-09-25
Close Price: 2250

Fireplace Features

Fireplaces Total: Yes

More Information

Listing Office: RE/MAX UNLIMITED

Last Updated: September - 27 - 2026

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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