FARRELL PARK CONDO
Homes for Sale in PALM HARBOR, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Farrell Park is a small condo community in Palm Harbor built between 1985 and 1993, and price here is driven less by neighborhood and more by the unit itself. With a median around $191,000 and roughly $174 per square foot on a typical 1,045-square-foot floor plan, the spread between units comes down to condition, updates, and placement within the community. Two units of the same size can trade well apart depending on how much work has been done.
The market posture is patient, not frantic. A median of just under 70 days on market means listings sit long enough to negotiate, and buyers have room to inspect, compare, and hold their number. For sellers, that same figure is a signal: price and present the unit correctly out of the gate, because the days-on-market clock here does not reward optimism.
FARRELL PARK CONDO right now
🔴 Off the recent peak. The trailing-12-month median ($187K) is down 15.0% from the prior 12 months ($220K). With about 3 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 August 2. Confidence: Low (3 and 3 sales in the two windows).
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Updated August 2, 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
FARRELL PARK CONDO market snapshot (as of August 2, 2026): the median sale price is about $187K ($169 per sq ft over the trailing 12 months of closed sales), and a median 96 days on market for closed sales. The trailing-12-month median is down 15% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
FARRELL PARK CONDO is a community of 57 homes in PALM HARBOR, Pinellas County, built between 1985 and 1993 (median 1985), with a median living area of about 1,045 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Farrell Park is a compact, established condo community of 57 homes in Palm Harbor, where the roughly two-thirds homestead share points to a base of longer-term owner-occupants rather than a churn of short-term holds.
Who FARRELL PARK CONDO is best for.
Best for
- Buyers targeting an entry point near the low-$190s median who plan to own for the longer term
- Owner-occupants who value a settled, mostly homesteaded community over new construction
- Buyers comfortable budgeting for updates in exchange for a lower purchase price
Probably not for
- Sellers who need a quick exit and can't sit through a market running near 70 days
- Buyers who want move-in-ready modern finishes without doing any renovation work
- Investors chasing high turnover and volume, given the limited number of homes and closings
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($187K) IS the median in the snapshot above, and the move from 2025 ($220K) IS the -15.0% one-year change.
Windows contain 0 to 12 sales each (3 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 2015 through 2026. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 34685 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The FARRELL PARK CONDO buying strategy.
If we were buying in FARRELL PARK CONDO today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 FARRELL PARK CONDO.
A condition-driven condo market
This is a homogeneous product: mid-1980s to early-1990s construction, floor plans clustered near 1,045 square feet, and a median build year of 1985. That consistency makes comparison straightforward, but it also means the deferred-maintenance question matters more than square footage. At around $174 per square foot, the price you pay is largely a proxy for how much updating the next owner will or won't have to do.
With only 57 homes and a thin closings window, inventory and sales volume are both limited, so a single listing can shift the visible picture. That argues for reading each unit on its own merits rather than leaning on community-wide averages, and for treating the median as a starting reference, not a ceiling or a floor.
The location and the amenities are priced into every listing in FARRELL PARK CONDO. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in FARRELL PARK CONDO buys, holds, and resells. Momentum Research; not an appraisal.
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 (4.7). Basis: Recent Direction -15.0% year-over-year; Owner Commitment 68% owner-occupied; Pricing Power 92.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small community with few transactions and long days on market, pricing comes down to reading condition against a handful of comparables, not plugging into an average. We track this inventory unit by unit, know what has actually closed, and will tell you when a listing is priced on hope rather than on its finishes.
FARRELL PARK CONDO in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a FARRELL PARK CONDO buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FARRELL PARK CONDO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in FARRELL PARK CONDO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your FARRELL PARK CONDO home worth?
Get a no-obligation home value based on real comparable sales in FARRELL PARK CONDO, 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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Frequently Asked Questions
What is the median home price in FARRELL PARK CONDO?
How long do homes in FARRELL PARK CONDO take to sell?
How many homes are in FARRELL PARK CONDO?
What share of FARRELL PARK CONDO is owner-occupied?
When were the homes in FARRELL PARK CONDO built?
Do cash buyers compete in FARRELL PARK CONDO?
Who is the best real estate agent for FARRELL PARK CONDO?
How do I find a top PALM HARBOR real estate agent who knows FARRELL PARK CONDO?
Can Momentum Realty connect me with an agent for FARRELL PARK CONDO?
Should you buy in FARRELL PARK CONDO?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (29 streets, ZIP 34685)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2015 (46 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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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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See how FARRELL PARK CONDO fits the bigger picture — live prices, inventory, and Momentum Scores: