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.

77 PAVATI Point, St. Johns, FL 32259 (MLS# 2063098)

77 PAVATI Point, St. Johns, FL 32259

$1,466,000

Virtual Tour

https://www.zillow.com/view-imx/b46f0be5-98ef-4c5a-9d76-e2eeab6430fe?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,379 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $1,466,000 List Date: 1/08/2025 Last Modified: 4/17/2026

Overview

Description

Prepare to be captivated by 77 Pavati Point, an extraordinary home in Julington Lakes that surpasses even the finest model homes. This stunning Delmonico floorplan, with nearly 4,400 square feet, is a rare gem—featuring 5 bedrooms, 4.5 bathrooms, a dedicated office, and an expansive upstairs game room, all expertly designed and meticulously upgraded. Every inch of this home speaks to luxury and thoughtful craftsmanship. One of the few properties in the neighborhood with a 4-car garage, it provides exceptional space and convenience. The outdoor oasis is a showstopper: unwind in the heated saltwater pool, grill in the outdoor kitchen equipped with a Summerset grill, and relax under the covered lanai as you watch the sunset shimmer over the water. Inside, no detail has been spared. Culinary enthusiasts will revel in the top-of-the-line kitchen with a 42'' Subzero French door refrigerator, Wolf 36'' range top, Wolf double oven, microwave drawer, Jennair dishwasher, and Subzero

Supplements: beverage fridges and ice maker. The primary suite indulges with a heated towel rack, setting a new standard for spa-like luxury. Restoration Hardware light fixtures, custom trim, and millwork add sophistication throughout. Gather in the two-story living room featuring a stacked stone, linear gas fireplacea piece of art in itself. Both the dry bar ... (Read more)

Listing Details MLS# 2063098

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 4379
Living Area Source: Assessor
Year Built: 2020
Lot Size Acres: 0.27
Association YN: Yes
Association Fee: 550
Association Fee Frequency: Quarterly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 4
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Senior Community YN: No
Directions: Travel South on Veteran's Pkwy turn Right on Longleaf Pine. Take to Julington Lakes Rd and turn Right. Go through 3 stop signs. At 3rd...Lakeview Pass turn left. Take to Honey Blossom Rd turn left. Take to Pavati Pt turn right. Home on left side.
Public Remarks: Prepare to be captivated by 77 Pavati Point, an extraordinary home in Julington Lakes that surpasses even the finest model homes. This stunning Delmonico floorplan, with nearly 4,400 square feet, is a rare gem—featuring 5 bedrooms, 4.5 bathrooms, a dedicated office, and an expansive upstairs game room, all expertly designed and meticulously upgraded. Every inch of this home speaks to luxury and thoughtful craftsmanship. One of the few properties in the neighborhood with a 4-car garage, it provides exceptional space and convenience. The outdoor oasis is a showstopper: unwind in the heated saltwater pool, grill in the outdoor kitchen equipped with a Summerset grill, and relax under the covered lanai as you watch the sunset shimmer over the water. Inside, no detail has been spared. Culinary enthusiasts will revel in the top-of-the-line kitchen with a 42'' Subzero French door refrigerator, Wolf 36'' range top, Wolf double oven, microwave drawer, Jennair dishwasher, and Subzero
List Price/SqFt: 334.55
Sold Price/SqFt: 334.78

Property Features

Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Oven; Gas Water Heater; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile; Wood Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Central Air; Zoned Heating: Central Water Source: Public Security Features: Smoke Detector(s) Exterior Features: Outdoor Kitchen Patio And Porch Features: Front Porch; Patio; Screened Pool Features: In Ground; Heated; Salt Water; Screen Enclosure Parking Features: Attached; Garage Waterfront Features: Pond Current Use: Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Pickleball; Playground; Tennis Court(s) Possession: Close Of Escrow Listing Terms: Cash; Conventional; VA Loan Contingency Reason: Inspection