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 YELLOW IRIS Court, Ponte Vedra, FL 32081 (MLS# 1254353)

87 YELLOW IRIS Court, Ponte Vedra, FL 32081

$519,000

Virtual Tour

https://mls.ricoh360.com/48306cc5-3581-458f-8afa-eb348d82939c

Property Type: Residential Income Bedrooms: 2 Baths: 2 Square Footage: 1,529 Status: Closed

Current Price: $519,000 List Date: 10/25/2023 Last Modified: 2/28/2025

Overview

Description

RARE LAKEFRONT GEM! MOVE IN READY, LOW MAINTENANCE LIVING IN DEL WEBB-NOCATEE. Why wait for new builds, when you can be in your new home asap? Not even 2 yrs old, this single-story, luxury villa has amazing upgrades: grey cabinetry, quartz counters, SS appls, natural gas & LVP flooring-NO CARPET! 2bed/2bth open plan + office/den flex room, and a spacious great room that opens to a fantastic screened lanai overlooking the peaceful pond. You'll love how light/bright it is inside, with a generous easement to the side. Owners suite has lovely views, spa-like bath, large closet & frameless glass shower w/bench, Tall interior doors throughout Live your best Florida lifestyle in a 55+ community with top notch amenities, resort-style pools, pickle ball, tennis, many activities & clubs to enjoy!

Supplements: The Grand Canopy Club at DWNOC offers so much for every resident including a full restaurant cafe & bar! Play in the Florida sun with Pickle ball courts, Tennis, Bocce Ball, and a beautiful resort-style outdoor pool and spa! If you are ready to get connected, try a class or club. There is lots to do including: state of the art fitness center, exerc ... (Read more)

Listing Details MLS# 1254353

General Property Information

Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1529
Living Area Source: Plans
New Construction YN: No
Year Built: 2022
Garage Spaces: 2
Association YN: Yes
Association Fee: 375
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1974.04
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Senior Community YN: Yes
Directions: From Nocatee Pkwy, take Crosswater Pkwy all the way down to DWNOC gate. (Open 8a-7pm) Then turn right at clubhouse, then R on Timber Light Trl., left on Yellow Iris, home is on the left
Public Remarks: RARE LAKEFRONT GEM! MOVE IN READY, LOW MAINTENANCE LIVING IN DEL WEBB-NOCATEE. Why wait for new builds, when you can be in your new home asap? Not even 2 yrs old, this single-story, luxury villa has amazing upgrades: grey cabinetry, quartz counters, SS appls, natural gas & LVP flooring-NO CARPET! 2bed/2bth open plan + office/den flex room, and a spacious great room that opens to a fantastic screened lanai overlooking the peaceful pond. You'll love how light/bright it is inside, with a generous easement to the side. Owners suite has lovely views, spa-like bath, large closet & frameless glass shower w/bench, Tall interior doors throughout Live your best Florida lifestyle in a 55+ community with top notch amenities, resort-style pools, pickle ball, tennis, many activities & clubs to enjoy!
List Price/SqFt: 353.17
Sold Price/SqFt: 339.44

Property Features

Appliances: Dishwasher; Disposal; Dryer; Gas Water Heater; Microwave; Washer Construction Materials: Fiber Cement; Frame Heating: Central; Electric Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Security Features: Security System Leased Sewer: Public Sewer Utilities: Natural Gas Available View: Water Water Source: Public Waterfront Features: Lake Front; Pond

Contract Information

Listing Contract Date: 2023-10-25
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 87
Street Name: YELLOW IRIS
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32081
Subdivision Name: Del Webb Nocatee
MLS Area Major: 272-Nocatee South

Status Change Information

Major Change Timestamp: 2023-12-08T20:51:37Z
Major Change Type: Status Change
Purchase Contract Date: 2023-10-27
Close Date: 2023-12-07
Close Price: 519000

Currently Not Used

Property Attached YN: Yes

More Information

DPR Eligible

DPR Eligible: No

Historical Information

Public Historical Remarks 1: Underground Utilities: Y, Present Rental Terms: Less than .25 Acre, One Bedroom Rentals: Entry Hall / Foyer,Laundry/Utility (inside),Library/Office,Great Room, Energy Features-Ceiling Fan(s): Y, Structure Slab: Y
Public Historical Remarks 2: Det Heat SQFT: 1974.04, Structure Builder: Pulte
Public Historical Remarks 3: Intermediate School: Other, Current Zoning: Y, Occupant Type: Appointment, See ShowingAssist, See Private Remarks, No Sign on Property, Vacant -Lockbox, Gated

Documents

HOA Disclosure ›

CDD Disclosure ›

Seller's Property Disclosure ›

Floor Plans on File ›

Survey on File ›

Listing Office: PONTE VEDRA KEY REALTY

Last Updated: February - 28 - 2025

Information deemed reliable but not guaranteed.