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.

257 COLORADO SPRINGS Way, St. Augustine, FL 32092 (MLS# 1092296)

257 COLORADO SPRINGS Way, St. Augustine, FL 32092

$316,500

Virtual Tour

https://www.tourfactory.com/idxr2834355

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,895 Status: Closed

Current Price: $316,500 List Date: 1/29/2021 Last Modified: 2/05/2025

Overview

Description

NO CDD Fees for this lovely Samara Lakes home! Built in 2015, this home feels brand new and offers soaring 10 foot ceilings, crown molding throughout all main areas, and features TWO Master Bedrooms! Each Master Bedroom has extended bump out bay windows with backyard views, tray ceilings, and their own private bathroom and walk-in closet! This flowing floor plan offers tile on diagonal, and the open Kitchen features recessed lighting, large center island with granite and pendant lighting, and walk-in pantry. The oversized sliding-glass doors lead to back patio and spacious fenced-in backyard with views of the pond. Two additional bedrooms (one being used as an office), separate laundry room, and plenty of closets complete this charming home!

Supplements: Plenty of community amenities including pool, splash area, playground, fitness center, basketball court, and soccer field. Samara Lakes community is located in the desirable World Golf Village area and in the top rated St. Johns County school district. Convenient access to shopping and restaurants, I-95, and a short drive to beautiful historic down ... (Read more)

Listing Details MLS# 1092296

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1895
Living Area Source: Public Records
Year Built: 2015
Lot Size Dimensions: .18
Association YN: Yes
Association Fee: 167.07
Association Fee Frequency: Quarterly
Association Name: Vesta
Association Phone: 904-747-0181
CDD Fee YN: No
New Construction YN: No
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories: Yes
Directions: Take Exit 323 onto International Golf Parkway and go west. Follow to Samara Lakes, turn left onto Samara Lakes Parkway, left onto Nochaway Drive, left onto Colorado Springs Way. Home is on right.
Public Remarks: NO CDD Fees for this lovely Samara Lakes home! Built in 2015, this home feels brand new and offers soaring 10 foot ceilings, crown molding throughout all main areas, and features TWO Master Bedrooms! Each Master Bedroom has extended bump out bay windows with backyard views, tray ceilings, and their own private bathroom and walk-in closet! This flowing floor plan offers tile on diagonal, and the open Kitchen features recessed lighting, large center island with granite and pendant lighting, and walk-in pantry. The oversized sliding-glass doors lead to back patio and spacious fenced-in backyard with views of the pond. Two additional bedrooms (one being used as an office), separate laundry room, and plenty of closets complete this charming home!
List Price/SqFt: 168.34
Sold Price/SqFt: 167.02

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Ranch; Traditional Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior 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 Cooling: Central Air Heating: Central Water Source: Public Construction Materials: Stucco Patio And Porch Features: Covered; Patio Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Sprinklers In Front; Sprinklers In Rear View: Water Waterfront Features: Pond Fencing: Back Yard Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Fitness Center; Laundry; Playground Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-01-27

Location Tax and Legal

Street Number: 257
Street Name: COLORADO SPRINGS
Street Suffix: Way
County: St. Johns
State: FL
Postal Code: 32092
MLS Area Major: 308-World Golf Village Area-SW
Subdivision Name: Samara Lakes

Status Change Information

Major Change Timestamp: 2021-03-05T21:07:53Z
Major Change Type: Status Change
Purchase Contract Date: 2021-02-26
Close Date: 2021-03-03
Close Price: 316500

Historical Information

Public Historical Remarks 1: Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Dining-Living/Dining Combo: Y, Soccer Field(s): Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

More Information

Room Information

Room Name	Level	Length	Width
Utility Room
Living Room	First	16.90	15.00
Kitchen	First	12.40	12.20
Dining Room	First	16.00	12.20
Primary Bedroom	First	12.10	16.00
Bedroom 2	First	10.20	11.90
Bedroom 3	First	11.20	11.90
Primary Bedroom	First	12.00	15.00

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Last Updated: February - 05 - 2025

Information deemed reliable but not guaranteed.