Lakes At Heron Cove Condo Ph V
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
Median sale $250K
Free · No obligation
Talk to a Lakes At Heron Cove Condo Ph V Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
39/100
Market Heat
Cooler than normal
2015 → 2026 · 83 at the 2022 peak
0 is Lakes At Heron Cove Condo Ph V's coldest market since 2015, 100 its hottest. Today: 39. How it's scored
Built fromLive Stellar MLS data12 years of closingsUpdated twice daily
Live · Lakes At Heron Cove Condo Ph V Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$250K
Median sold · 12 mo
down 5.3% vs the prior 12 months
-5.3%
1-yr price change
n = 6 and 3 sales in the two windows
$172/sf
Sold $/sqft · 12 mo
peak $223 in 2025
87.1%
Sale vs ask
Pasco median: 95.5%
Tempo
48days
Median DOM · closed
6 days at the 2022 low
6
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
0%
Cash buyers · Lakes At Heron Cove Condo Ph V
0 of 6 sales, 12 mo ending June 2026
Track record · 12 years of records
1
Failed listings · 2026
peaked at 3 in 2024
1,428sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pricing here centers on a median of $250,000, with per-square-foot value near $172 — a figure that reflects unit size and condition more than any amenity package, since current MLS data show none formally listed for this phase. That combination points to a market where buyers are pricing the unit itself, not a lifestyle add-on.

A median 47.5 days on market and a market heat score of 39 describe a slower, buyer-patient environment rather than a competitive one. Combined with pricing down about 5.3% year-over-year, sellers here need realistic list prices and some room to negotiate, while buyers can afford to take their time comparing units before committing.

Lakes At Heron Cove Condo Ph V Housing Pulse · Momentum Research · as of July 15, 2026

Lakes At Heron Cove Condo Ph V right now

🟡 Off the recent peak. The trailing-12-month median ($250K) is down 5.3% from the prior 12 months ($264K). 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 July 15. Confidence: Low (6 and 3 sales in the two windows).

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

Updated July 15, 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

Lakes At Heron Cove Condo Ph V market snapshot (as of July 15, 2026): the median sale price is about $250K ($172 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).

Lakes At Heron Cove Condo Ph V in Lutz is a Pasco County condo community where pricing and pace are currently running cooler than a hot-market pace, based on recent closings.

Best for

  • Buyers prioritizing unit value and per-square-foot pricing over amenity packages
  • Buyers with flexible timelines who can wait through a longer, 47-day-plus closing window
  • Buyers comfortable negotiating price in a market currently trending down year-over-year

Probably not for

  • Buyers who want confirmed on-site community amenities as part of the purchase
  • Sellers expecting a fast sale in a market with a heat score of 39
  • Buyers assuming near-term price appreciation based on recent year-over-year trends

Windows contain 0 to 7 sales each (6 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
$100K$200K$300K2014201620182020202220242026
Down 5.3% year over year.
Every sale since 2014 · price vs size
$0$100K$200K$300K1k2k2k
36 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$2002014201620182020202220242026
Up from $93 in 2014 to a $223 peak in 2025; $172 now.
Median days on market · closed sales
02550752014201620182020202220242026
6 days at the 2022 low; 48 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
87.1% now vs Pasco 95.5%.
Homes sold per 12-mo window
02462014201620182020202220242026
0 to 7 a year; 6 in the current window.
Sellers who gave up · failed listings per year
01232014201620182020202220242026
Canceled, expired, or withdrawn. 3 quit in 2024; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
83 at the 2022 peak, 37 in the troughs, 39 now. Same score as the hero card, full history.

If we were buying in Lakes At Heron Cove Condo Ph V 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 Lakes At Heron Cove Condo Ph V.

Best Buy
Buyers focused on straightforward condo value rather than bundled amenities.
Biggest Risk
Pricing has moved down year-over-year, so sellers need to set expectations accordingly.
Sweet Spot
Buyers comfortable with a longer closing timeline near the market's 47-day median.
Avoid If
Avoid if you need on-site amenities as a deciding factor — none are currently listed for this phase.

What the numbers say about this phase

With a median price of $250,000 and per-square-foot pricing around $172, this phase sits in a straightforward value tier — the kind of pricing where condition and unit layout do most of the work, since no shared amenities are currently listed in MLS records for this phase.

The median 47.5-day time on market, paired with a heat score of 39, signals a market that rewards patience over urgency. Year-over-year pricing down 5.3% suggests sellers should anchor expectations to recent closings rather than list price history, and buyers have some latitude to negotiate on price or terms.

The location and the amenities are priced into every listing in Lakes At Heron Cove Condo Ph V. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a slower-moving condo market like this one, pricing strategy and negotiation leverage matter more than speed. We track the actual closings and days-on-market data for this phase so sellers price to the current pace and buyers know exactly how much room they have to negotiate.

Lakes At Heron Cove Condo Ph V in 15 seconds.

Best forBuyers focused on straightforward condo value rather than bundled amenities.
Biggest advantageA cooler market gives buyers negotiating room on price and terms.
Biggest riskPricing has moved down year-over-year, so sellers need to set expectations accordingly.
Sweet spotBuyers comfortable with a longer closing timeline near the market's 47-day median.
Avoid ifAvoid if you need on-site amenities as a deciding factor — none are currently listed for this phase.

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 Lakes At Heron Cove Condo Ph V sales matched to your home.

What is your Lakes At Heron Cove Condo Ph V home worth?

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

See homes for sale in Lakes At Heron Cove Condo Ph V on the map →

Real comps, not an automated estimate.

Recent Developments in Lakes At Heron Cove Condo Ph V

Development, infrastructure, retail, and school activity affecting Lakes At Heron Cove Condo Ph V, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 9 miles east of Lakes At Heron Cove Condo Ph V, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    New mixed-use development planned on State Road 52 in central Pasco

    A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.

    What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is less than a mile north of Lakes At Heron Cove Condo Ph V.

    Source: Tampa Bay Times
  3. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 4 miles west of Lakes At Heron Cove Condo Ph V.

    Source: WUSF
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The project is about 9 miles southeast of Lakes At Heron Cove Condo Ph V, elsewhere in Pasco County.

    Source: HCO News

Development alerts for Lakes At Heron Cove Condo Ph VGet a short monthly email when something new is approved, funded, or opens near Lakes At Heron Cove Condo Ph V.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Lakes At Heron Cove Condo Ph V?
The median sale price in Lakes At Heron Cove Condo Ph V was $250K over the 12 months ending July 15, 2026 (6 closed sales, Stellar MLS).
How long do homes in Lakes At Heron Cove Condo Ph V take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 48 days on market (6 sales, Stellar MLS).
Do cash buyers compete in Lakes At Heron Cove Condo Ph V?
Cash buyers took 0% of Lakes At Heron Cove Condo Ph V sales in the 12 months ending June 2026 (0 of 6 closings, Stellar MLS).
Who is the best real estate agent for Lakes At Heron Cove Condo Ph V?
The best agent for Lakes At Heron Cove Condo Ph V is one who actively works Lutz 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 Lakes At Heron Cove Condo Ph V.
How do I find a top Lutz real estate agent who knows Lakes At Heron Cove Condo Ph V?
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 Lakes At Heron Cove Condo Ph V and the wider Lutz area.
Can Momentum Realty connect me with an agent for Lakes At Heron Cove Condo Ph V?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lakes At Heron Cove Condo Ph V purchase or sale - no call center and no pressure.
Buyers prioritizing unit value and per-square-foot pricing over amenity packagesExcellent fit
Buyers with flexible timelines who can wait through a longer, 47-day-plus closing windowExcellent fit
Buyers comfortable negotiating price in a market currently trending down year-over-yearExcellent fit
Buyers who want confirmed on-site community amenities as part of the purchaseProbably not
Sellers expecting a fast sale in a market with a heat score of 39Probably not
Buyers assuming near-term price appreciation based on recent year-over-year trendsProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (36 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.

Own a home here?

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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More Lutz (Pasco) & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Talk to a Local Lakes At Heron Cove Condo Ph V Expert
Call Get Listings