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.

83 CYPRESS BAY Drive 8, Ponte Vedra, FL 32081 (MLS# 636003)

83 CYPRESS BAY Drive 8, Ponte Vedra, FL 32081

$191,927

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,429 Status: Closed

Current Price: $191,927 List Date: 9/10/2012 Last Modified: 11/08/2024

Overview

Description

The layout of the Pine Spring draws your eyes to the gourmet kitchen in the back of the home, while the oversized master bedroom (with its own lanai entrance) and bath, denotes a luxury spa-like feel! This 1,429 square foot home features three bedrooms and two baths.

Listing Details MLS# 636003

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1429
Living Area Source: Plans
Year Built: 2012
Association YN: Yes
Association Fee: 145
Association Fee Frequency: Monthly
Association Name: Continental Group
Association Phone: 904-733-3334
CDD Fee YN: Yes
CDD Fee Amount: 1876
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Senior Community YN: Yes
Directions: I-95 to Old St. Augustine Road. Right to US1. Right onto US 1. US1 to CR 210 east. Gate Station is landmark. Right at the sign for the Communities of Nocatee. Straight thru roundabout.
Public Remarks: The layout of the Pine Spring draws your eyes to the gourmet kitchen in the back of the home, while the oversized master bedroom (with its own lanai entrance) and bath, denotes a luxury spa-like feel! This 1,429 square foot home features three bedrooms and two baths.
List Price/SqFt: 127.06
Sold Price/SqFt: 134.31

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Accessibility Features: Accessible Common Area Property Condition: Under Construction Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Smoke Detector(s) Construction Materials: Concrete; Stucco Patio And Porch Features: Porch; Screened Pool Features: None Spa Features: Private Roof: Shingle Lot Features: Sprinklers In Front; Sprinklers In Rear Current Use: Residential Association Amenities: Clubhouse; Community Pool; Fitness Center; Jogging Path; Sauna; Spa/Hot Tub; Tennis Court(s); Trash Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2012-09-09

Location Tax and Legal

Street Number: 83
Street Name: CYPRESS BAY
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2013-01-24T18:21:29Z
Major Change Type: Status Change
Purchase Contract Date: 2012-09-10
Close Date: 2013-01-22
Close Price: 191927

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Del Webb
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Builder Warranty: Y, Dining-Living/Dining Combo: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Occupant Type: Special Instructions, Listing Agent Must Accompany, Restricted Hours, Gated

More Information

Room Information

Room Name
Great Room
Utility Room

Listing Office: PULTE REALTY INC.

Last Updated: November - 08 - 2024

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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