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.

8290 GATE Parkway W 113, Jacksonville, FL 32216 (MLS# 1214113)

8290 GATE Parkway W 113, Jacksonville, FL 32216

$1,450

Property Type: Residential Lease Bedrooms: 2 Baths: 2 Square Footage: 975 Status: Closed

Current Price: $1,450 List Date: 2/23/2023 Last Modified: 11/04/2026

Overview

Description

Spacious 2/2 first floor condo located in building one of the prestigious Gardens of Bridgehampton. Nice size bedrooms, each with it's own bathroom, one with a garden tub. The unit boasts a spacious open floor plan with high ceilings and large screened balcony & a spacious laundry closet. This condo unit is less than 100 feet from the resort style tropical pool and work out room. This Community is in the heart of everything & minutes from the exciting St. Johns Town Center, Costco, Hospitals and many more...

Listing Details MLS# 1214113

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 975
Living Area Source: Public Records
Year Built: 2005
Association YN: No
Association Fee Frequency: One Time
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 3
Stories Total: 3
Entry Level: Yes
Directions: From Belfort Rd., Easton Gate Parkway to right into Gardens of Bridgehampton.
Public Remarks: Spacious 2/2 first floor condo located in building one of the prestigious Gardens of Bridgehampton. Nice size bedrooms, each with it's own bathroom, one with a garden tub. The unit boasts a spacious open floor plan with high ceilings and large screened balcony & a spacious laundry closet. This condo unit is less than 100 feet from the resort style tropical pool and work out room. This Community is in the heart of everything & minutes from the exciting St. Johns Town Center, Costco, Hospitals and many more...
List Price/SqFt: 1.49
Sold Price/SqFt: 1.49

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Interior Features: Primary Bathroom - Tub with Shower; Split Bedrooms; Walk-In Closet(s) Patio And Porch Features: Screened Pool Features: None Parking Features: Unassigned Cooling: Central Air Heating: Central Road Surface Type: Asphalt Tenant Pays: Electricity; Sewer; Trash Collection; Water

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2023-02-23
Lease Term: Month To Month

Location Tax and Legal

Street Number: 8290
Street Name: GATE
Street Suffix: Parkway
Street Direction Suffix: W
State: FL
County: Duval
Postal Code: 32216
MLS Area Major: 022-Grove Park/Sans Souci
Subdivision Name: Gardens Of Bridgehampton

Status Change Information

Major Change Timestamp: 2023-05-11T01:47:57Z
Major Change Type: Status Change
Purchase Contract Date: 2023-04-22
Close Date: 2023-05-01
Close Price: 1450

Deposits and Fees

Application Fee: 45
Pet Fee/Deposit: 350
Security Deposit: 1450

More Information

Historical Information

Public Historical Remarks 1: Pet Dep (Refundable): Y, Sewer - Private: Y, Water - Public: Y, Assoc Appl Fee: N, Tenant Pays All Utilities: Y, LeasePrepFeeTenant: 75
Public Historical Remarks 2: Pet Fee (Non Refund): Y, Occupancy: Immediate, Sewer - Public: Y, Structure-Frame: Y, Exterior Wall: Stucco, Dining-Living/Dining Combo: Y, Interior Amenities-Ceiling 8+ Ft.: Y
Public Historical Remarks 3: Date Available: Now

Listing Office: VSP REALTY & PROPERTY MANAGEMENT

Last Updated: November - 04 - 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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