Bridgewater Ph 03
Homes for Sale in Wesley Chapel, FL

Community in Wesley Chapel · Pasco County
283 homesBuilt 2004–2006Median sale $342K
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Live Market Pulse
27/100
Market Heat
Cooler than normal
2016 → 2026 · 69 at the 2022 peak
0 is Bridgewater Ph 03's coldest market since 2016, 100 its hottest. Today: 27. How it's scored
Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Bridgewater Ph 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$342K
Median sold · 12 mo
down 25.0% vs the prior 12 months
-25.0%
1-yr price change
n = 8 and 8 sales in the two windows
$178/sf
Sold $/sqft · 12 mo
peak $227 in 2023
93.0%
Sale vs ask
Pasco median: 95.5%
Tempo
73days
Median DOM · closed
2 days at the 2023 low
8
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
70%
Owner-occupied · Bridgewater Ph 03
198 of 283 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · Bridgewater Ph 03
incl. 12% trust or LLC-held · 12% out-of-state
25%
Cash buyers · Bridgewater Ph 03
2 of 8 sales, 12 mo ending June 2026
283
Homes in the community
283 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 2004
Community established
homes built 2004-2006, median 2005 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2020
1,810sqft
Median sold home size
12-mo windows, closed sales
2.8%/yr
Turnover rate
about 8 of 283 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bridgewater Ph 03 is a mid-2000s-built community in Wesley Chapel, with homes clustered tightly around 2005 and living space near 2,180 square feet. At a median of $342,500 and roughly $178 per square foot, price here is driven far more by condition and updates than by location premium or new construction. Two homes with the same footprint can sell well apart depending on how much has been touched since they were built two decades ago.

The current posture favors buyers. The median home is sitting around 72 days on market, the heat score is low, and the year-over-year median is down 25 percent — a market that has clearly softened. Sellers should price to the current reality and expect negotiation, not a quick bidding war. Buyers have time to inspect, compare, and hold firm.

Bridgewater Ph 03 Housing Pulse · Momentum Research · as of July 13, 2026

Bridgewater Ph 03 right now

🔴 Off the recent peak. The trailing-12-month median ($342K) is down 25.0% from the prior 12 months ($457K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Medium (8 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Bridgewater Ph 03 market snapshot (as of July 13, 2026): the median sale price is about $342K ($178 per sq ft over the trailing 12 months of closed sales), and a median 73 days on market for closed sales. The trailing-12-month median is down 25% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).

Bridgewater Ph 03 is a community of 283 homes in Wesley Chapel, Pasco County, built between 2004 and 2006 (median 2005), with a median living area of about 2,180 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a stable, built-out community of 283 homes from a narrow 2004–2006 construction window, meaning floor plans and lot sizes are consistent and the variable that moves price is upkeep. With about 70 percent homesteaded, turnover is limited and the for-sale pool is small.

Best for

  • Buyers targeting around 2,180 square feet who value a predictable, built-out community over new construction
  • Value-minded buyers comfortable negotiating in a soft market and budgeting for updates on a 2005-era home
  • Long-term owner-occupants who plan to stay and are not counting on quick resale gains

Probably not for

  • Buyers who need to resell quickly, given the ~72-day median time on market
  • Anyone unwilling to carry the cost of aging roofs and systems on two-decade-old homes
  • Investors expecting near-term appreciation, with the median down 25 percent year over year

Windows contain 0 to 8 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K201620182020202220242026
Down 25.0% year over year.
Every sale since 2015 · price vs size
$0$200K$400K$600K2k3k
48 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200201620182020202220242026
Up from $94 in 2015 to a $227 peak in 2023; $178 now.
Median days on market · closed sales
0255075201620182020202220242026
2 days at the 2023 low; 73 now.
Sale price vs original ask · median
95%100%201620182020202220242026
93.0% now vs Pasco 95.5%.
Homes sold per 12-mo window
0258201620182020202220242026
0 to 8 a year; 8 in the current window.
Sellers who gave up · failed listings per year
02420082016202020242026
Canceled, expired, or withdrawn. 5 quit in 2020; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
69 at the 2022 peak, 27 in the troughs, 27 now. Same score as the hero card, full history.

If we were buying in Bridgewater Ph 03 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bridgewater Ph 03.

Best Buy
Buyers who want a consistent floor plan and living space in the low-2,000s and are willing to budget for updates.
Biggest Risk
Homes are two decades old, so aging systems and roofs can drive real cost differences.
Sweet Spot
An updated 2005-vintage home priced honestly near the $342,500 median.
Avoid If
You need a fast, competitive resale or expect near-term appreciation.

A condition-driven resale market

Because every home here was built within a three-year span, buyers are effectively shopping the same vintage of roof, HVAC, and systems. That makes inspection findings and prior updates the real dividing line on value. The homes are approaching the age where major components come due, so a renovated home and a deferred-maintenance home can look similar on paper and price very differently.

The high homestead share and the small recent closing count — eight in the measured window — mean inventory moves slowly and comps are thin. Combined with a 72-day median time on market and a soft year-over-year median, that argues for patience on both sides: sellers who chase yesterday's price will sit, and buyers who move deliberately can negotiate.

The location and the amenities are priced into every listing in Bridgewater Ph 03. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.1C- · Buy Score
Recent Direction0.0/10
Owner Commitment7.0/10
Pricing Power5.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.1). Basis: Recent Direction -25.0% year-over-year; Owner Commitment 70% owner-occupied; Pricing Power 93.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

With a thin comp set and a softening median, pricing this community is a judgment call, not a formula. We read each home on condition and systems age against the last handful of closings, so sellers avoid overpricing into a slow market and buyers know when a discount is real value versus deferred cost.

Bridgewater Ph 03 in 15 seconds.

Best forBuyers who want a consistent floor plan and living space in the low-2,000s and are willing to budget for updates.
Biggest advantageA clear buyer's market, with soft pricing and time to inspect and negotiate.
Biggest riskHomes are two decades old, so aging systems and roofs can drive real cost differences.
Sweet spotAn updated 2005-vintage home priced honestly near the $342,500 median.
Avoid ifYou need a fast, competitive resale or expect near-term appreciation.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bridgewater Ph 03 sales matched to your home.

What is your Bridgewater Ph 03 home worth?

Get a no-obligation home value based on real comparable sales in Bridgewater Ph 03, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Bridgewater Ph 03?
The median sale price in Bridgewater Ph 03 was $342K over the 12 months ending July 13, 2026 (8 closed sales, Stellar MLS).
How long do homes in Bridgewater Ph 03 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 73 days on market (8 sales, Stellar MLS).
How many homes are in Bridgewater Ph 03?
The Florida DOR 2025 assessment roll shows 283 homes in Bridgewater Ph 03 (public records).
What share of Bridgewater Ph 03 is owner-occupied?
70% of Bridgewater Ph 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Bridgewater Ph 03 built?
Homes in Bridgewater Ph 03 were built between 2004 and 2006, with a median year built of 2005 (FL DOR 2025 roll).
Do cash buyers compete in Bridgewater Ph 03?
Cash buyers took 25% of Bridgewater Ph 03 sales in the 12 months ending June 2026 (2 of 8 closings, Stellar MLS).
Who is the best real estate agent for Bridgewater Ph 03?
The best agent for Bridgewater Ph 03 is one who actively works Wesley Chapel and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Bridgewater Ph 03.
How do I find a top Wesley Chapel real estate agent who knows Bridgewater Ph 03?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bridgewater Ph 03 and the wider Wesley Chapel area.
Can Momentum Realty connect me with an agent for Bridgewater Ph 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bridgewater Ph 03 purchase or sale - no call center and no pressure.
Buyers targeting around 2,180 square feet who value a predictable, built-out community over new constructionExcellent fit
Value-minded buyers comfortable negotiating in a soft market and budgeting for updates on a 2005-era homeExcellent fit
Long-term owner-occupants who plan to stay and are not counting on quick resale gainsExcellent fit
Buyers who need to resell quickly, given the ~72-day median time on marketProbably not
Anyone unwilling to carry the cost of aging roofs and systems on two-decade-old homesProbably not
Investors expecting near-term appreciation, with the median down 25 percent year over yearProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33544/33545))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (48 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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