Momentum Housing Data · Home Values · Pinellas County
BLUE WATER COVE (LARGO, FL): 5 recorded closings in the 12 months ending 2026-08-02, a 6-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 89.5% of original asking; the median sale took 59 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $430,000 | $256 | 59 | 89.5% | 5 |
| 2025 | $497,750 | $325 | 9 | 99.0% | 6 |
| 2022 | $492,500 | $322 | 8 | 100.0% | 4 |
| 2016 | $224,900 | $141 | 43 | 91.8% | 5 |
| 2015 | $200,000 | $137 | 74 | 87.3% | 5 |
| 2012 | $168,000 | $98 | 174 | 92.0% | 3 |
Over the recorded series, BLUE WATER COVE’s median sold price moved from $168,000 (2012) to $430,000 (12 months ending 2026-08-02) — +156% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $168,000. Against the 2025 peak of $497,750, the current median stands at -14%. Annual sales volume here has ranged from 0 to 6 closings a year (10-yr average 2.1). With roughly 2.1 closings a year, BLUE WATER COVE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 97% single-family residence, 3% ?, with a median of 1,624 sq ft and a median price per square foot of $256 in the current window.
Of the 13 recorded BLUE WATER COVE closings since 2024, half landed between $430,000 and $565,000 (the middle two quartiles); the lowest recorded sale was $365,000 and the highest $589,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $400,000 | 1 (8%) | |
| $400,000 – $466,667 | 5 (38%) | |
| $466,667 – $533,333 | 3 (23%) | |
| $533,333 – $600,000 | 4 (31%) | |
| None and up | 0 (0%) |
At BLUE WATER COVE’s $430,000 median and Pinellas County’s adopted 19.39 mills (FY2025-26), a home assessed at that price carries roughly $8,340 a year in property tax before exemptions, or about $7,520 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Pinellas County tax page.
Since 2004, 42 BLUE WATER COVE listings were withdrawn, canceled, or expired without selling — overpricing is the recurring cause statewide. Over the recorded years, an average of 49% of BLUE WATER COVE listings ended without selling (withdrawn/canceled/expired); in 2025 that rate was 33%.
Cash bought 0% of recorded BLUE WATER COVE sales in the window ending 2026-06 (0 of 6) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a BLUE WATER COVE home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping BLUE WATER COVE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| TREE LAND PARK | $425,000 | $273 | 93 | 5 |
| SOMERSET LAKES | $405,000 | $198 | 10 | 5 |
| SOMERSET LAKES UNIT ONE | $460,000 | $290 | 18 | 5 |
| WHITTINGTON COURT TWNHMS | $395,000 | $211 | 20 | 3 |
| School | Level | FLDOE grade |
|---|---|---|
| Pinellas County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Magnet and choice options may apply | Choice | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More BLUE WATER COVE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.