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.

8110 CYPRESS HOLLOW Court, Ponte Vedra Beach, FL 32082 (MLS# 1224605)

8110 CYPRESS HOLLOW Court, Ponte Vedra Beach, FL 32082

$1,255,000

Virtual Tour

https://app.eastcoastvtours.com/sites/8110-cypress-hollow-ct-ponte-vedra-beach-fl-32082-4301423/unbranded

Steps to possible 6th Bedroom/media room

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,007 Status: Closed

Current Price: $1,255,000 List Date: 4/28/2023 Last Modified: 2/23/2025

Overview

Description

Enchantingly relaxed landscaping draws you in from the circular paver driveway. Leaded glass entry doors open to elegant living room with two sets of French doors to the screened lanai. Owners suite first floor left with sitting area with French doors to lanai. Owners bath with walk-in shower, soaking tub, double sinks and double closets. On the other side of the house, 3 bedrooms, one with En Suite bath, the other two share a jack and Jill bath with individual vanity for each. Expansive kitchen with breakfast area, large island with granite counter, lagoon views, French doors to lanai. Family room with built-ins with gas fireplace. Upstairs bonus room with full bath. Adjoining possible 6th bedroom or media room. Finished storage/playroom, 2 large closets & finished utility room as well.

Listing Details MLS# 1224605

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3007
Living Area Source: Public Records
Year Built: 1993
Association YN: Yes
Association Fee: 1288.5
Association Fee Frequency: Quarterly
Association Fee 2 Frequency: One Time
Association Name: Marsh Landing Mgmt.
Association Phone: 904-273-3033
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: 2
Directions: From JTB, exit toward Marsh Landing, show license at secured gate entry, follow Marsh Landing Parkway, turn Right on Merganser Dr., then right at Cypress Hollow Ct. Home is on the left.
Public Remarks: Enchantingly relaxed landscaping draws you in from the circular paver driveway. Leaded glass entry doors open to elegant living room with two sets of French doors to the screened lanai. Owners suite first floor left with sitting area with French doors to lanai. Owners bath with walk-in shower, soaking tub, double sinks and double closets. On the other side of the house, 3 bedrooms, one with En Suite bath, the other two share a jack and Jill bath with individual vanity for each. Expansive kitchen with breakfast area, large island with granite counter, lagoon views, French doors to lanai. Family room with built-ins with gas fireplace. Upstairs bonus room with full bath. Adjoining possible 6th bedroom or media room. Finished storage/playroom, 2 large closets & finished utility room as well.
List Price/SqFt: 448.95
Sold Price/SqFt: 417.36

Property Features

Approx Parcel Size: .51 to 1 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Built-in Features; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Connected; Other Cooling: Central Air; Electric; Zoned Heating: Central; Electric; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Front Porch; Patio Pool Features: None Roof: Shingle Parking Features: Attached; Circular Driveway; Garage; Garage Door Opener Lot Features: Cul-De-Sac; Irregular Lot; Sprinklers In Front; Sprinklers In Rear; Wooded Waterfront Features: Lagoon Current Use: Residential; Single Family Association Amenities: Basketball Court; Jogging Path; Playground Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-04-28

Location Tax and Legal

Street Number: 8110
Street Name: CYPRESS HOLLOW
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 252-Ponte Vedra Beach-W Of A1A-N Of Solana Rd
Subdivision Name: Marsh Landing Cc

Status Change Information

Major Change Timestamp: 2023-05-28T16:50:35Z
Major Change Type: Status Change
Purchase Contract Date: 2023-05-15
Close Date: 2023-05-26
Close Price: 1255000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Bulkhead: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Bay/Bow Window(s): Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Frank Gamel, Golf Course Comm: Y
Public Historical Remarks 2: Covenants/Restrictions: Y, Energy Features-Exhaust Fans: Y, Energy Features-Ceiling Fan(s): Y, Soccer Field(s): Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Picture Window(s): Y, Interior Amenities-Atrium Door(s): Y, Side Entry Garage: Y, Oversize Garage/Storage: Y, Fireplace-Family Room: Y, Fireplace Mantle: Y
Public Historical Remarks 3: Intermediate School: Other