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.

87 WILD CYPRESS Circle, Ponte Vedra, FL 32081 (MLS# 874834)

87 WILD CYPRESS Circle, Ponte Vedra, FL 32081

$483,520

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,490 Status: Closed

Current Price: $483,520 List Date: 4/03/2017 Last Modified: 1/07/2025

Overview

Description

Pinnacle floor plan on preserve lot. MLS entry for comp purposes.

Listing Details MLS# 874834

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2490
Living Area Source: Plans
Year Built: 2017
Association YN: Yes
Association Fee: 170
Association Fee Frequency: Monthly
Association Fee 2: 950
CDD Fee YN: Yes
CDD Fee Amount: 2450
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: Yes
Directions: Take I-95 to CR 210, Exit 329 Head East toward Ponte Vedra Stay straight on 210/Valley Ridge Blvd. (4 miles) Merge right onto Nocatee Pkwy exit Turn right onto Crosswater Parkway Stay straight
Public Remarks: Pinnacle floor plan on preserve lot. MLS entry for comp purposes.
List Price/SqFt: 194.08
Sold Price/SqFt: 194.18

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Sewer: Public Sewer Green Energy Efficient: Windows Construction Materials: Frame; Stucco Pool Features: None Spa Features: Private Roof: Shingle Parking Features: Attached; Garage View: Protected Preserve Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Jogging Path; Playground; Sauna; Security; Spa/Hot Tub; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2017-04-03

Location Tax and Legal

Street Number: 87
Street Name: WILD CYPRESS
Street Suffix: Circle
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: 2017-04-03T20:29:40Z
Major Change Type: Status Change
Purchase Contract Date: 2017-04-03
Close Date: 2017-04-03
Close Price: 483520

Historical Information

Public Historical Remarks 1: Dining-Kitchen/Family Combo: Y, Club Amenities-Nature Trails: Y, Club Amenities-Game Room: Y, Football Field(s): Y, Interior Amenities-Tinted Window(s): Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Builder Warranty: Y, Energy Features-Forced Air: Y, Soccer Field(s): Y, Baseball Field(s): Y, Interior Amenities-Sliding Glass Door(s): Y, Build To Suit: Y

More Information

Room Information

Room Name
Office

Listing Office: NON MLS (realMLS)

Last Updated: January - 07 - 2025

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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