Having owned properties in premier communities in the suburbs of New York, Chicago, St. Louis and Miami, I find the market in Jacksonville to be overpriced for the quality of the real estate, which is generally poor. Ponte Vedra Beach has a few nice areas but the high quality homes are in the mulit-millions on oceanfront (or near oceanfront) property. New construction anywhere in Jax, unless it is high end custom, is generally of very mediocre quality. Jacksonville as a town doesn't have much of a commercial tax base and is therefore struggling. With the exception of a few nice areas near the ocean (like Ponte Vedra Beach), it's basically a swamp with too many churches, cookie cutter chain stores, and bad schools. Buyer beware, or at least be very careful. By the way, the comments by brokers here are incredibly self-serving, but then I guess it goes with the territory.