Millpond Trace Condo
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
Median sale $143K
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Live Market Pulse
38/100
Market Heat
Cooler than normal
2015 → 2026 · 86 at the 2022 peak
0 is Millpond Trace Condo's coldest market since 2015, 100 its hottest. Today: 38. How it's scored
Built fromLive Stellar MLS data12 years of closingsUpdated twice daily
Live · Millpond Trace Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$143K
Median sold · 12 mo
down 5.9% vs the prior 12 months
-5.9%
1-yr price change
n = 11 and 8 sales in the two windows
$140/sf
Sold $/sqft · 12 mo
peak $191 in 2023
90.0%
Sale vs ask
Pasco median: 95.5%
Tempo
55days
Median DOM · closed
6 days at the 2022 low
11
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
36%
Cash buyers · Millpond Trace Condo
4 of 11 sales, 12 mo ending June 2026
Track record · 12 years of records
1
Failed listings · 2026
peaked at 15 in 2021
1,025sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Millpond Trace is a condo market, and in condo markets price is driven far more by unit condition, floor, and interior updates than by anything on the lot. The median here sits at $143,000, with a median around $139.51 per square foot. Expect a wide spread around that median: an updated, move-in unit and a dated one carrying deferred work will not trade anywhere near each other, even at similar square footage.

The posture right now favors buyers who take their time. Prices are down 5.9% year over year, the median unit takes about 55 days to sell, and the heat score of 35 points to a slow, negotiable market. For sellers, that means condition and pricing discipline do the work here; there is no line of buyers to bail out an aggressive ask. For buyers, it means room to negotiate and no reason to rush.

Millpond Trace Condo Housing Pulse · Momentum Research · as of July 15, 2026

Millpond Trace Condo right now

🟡 Off the recent peak. The trailing-12-month median ($143K) is down 5.9% from the prior 12 months ($152K). With about 6 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: Medium (11 and 8 sales in the two windows).

What's unique here: the median sale price is about 58% below the typical Pasco County sale ($143K vs $340K, trailing 12 months, Stellar MLS records).

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

Millpond Trace Condo market snapshot (as of July 15, 2026): the median sale price is about $143K ($140 per sq ft over the trailing 12 months of closed sales), and a median 55 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

Millpond Trace Condo is an attainable, condition-driven condo community in New Port Richey, Pasco County, where the deal is made on the specifics of the individual unit rather than the headline median.

Best for

  • Budget-conscious buyers targeting an attainable condo near the $143,000 median
  • Buyers with time to shop and negotiate in a slow market
  • Buyers willing to trade some updating for a lower entry cost

Probably not for

  • Buyers who need to sell again within a short horizon
  • Buyers who want a fast, low-drama transaction with competitive urgency
  • Buyers unwilling to review association dues, reserves, and assessments closely

Windows contain 0 to 13 sales each (11 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
$50K$100K$150K$200K2014201620182020202220242026
Down 5.9% year over year.
Every sale since 2014 · price vs size
$0$100K$200K1k1k
76 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$2002014201620182020202220242026
Up from $51 in 2014 to a $191 peak in 2023; $140 now.
Median days on market · closed sales
2040602014201620182020202220242026
6 days at the 2022 low; 55 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
90.0% now vs Pasco 95.5%.
Homes sold per 12-mo window
05102014201620182020202220242026
0 to 13 a year; 11 in the current window.
Sellers who gave up · failed listings per year
051015200420082012201620242026
Canceled, expired, or withdrawn. 15 quit in 2021; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
86 at the 2022 peak, 20 in the troughs, 38 now. Same score as the hero card, full history.

If we were buying in Millpond Trace Condo 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 Millpond Trace Condo.

Best Buy
Buyers who want an attainable condo and are comfortable doing the association homework.
Biggest Risk
Low volume and a declining median make pricing and comps noisy.
Sweet Spot
An updated unit bought below an aggressive seller's ask.
Avoid If
You need to resell quickly or want a fast, competitive market.

A slow, negotiable condo market

With only 11 closings in the tracked window and a median of 55 days on market, this is a thin, unhurried market. Low volume means each sale carries weight, and a single dated or distressed unit can pull the reported median in ways that do not reflect a well-kept one. Read every comp on its own merits.

The 5.9% year-over-year decline and a heat score of 35 both tell the same story: leverage sits with the buyer. That is not a red flag so much as a description of the terrain. In condo communities, the recurring variables — monthly dues, reserves, and any pending assessments — matter as much as the sticker price, so those documents belong at the top of your review, not the bottom.

The location and the amenities are priced into every listing in Millpond Trace Condo. 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 low-volume condo market like this, the number that matters is the one behind the unit door and inside the association's books. We read the comps unit by unit, pressure-test the median against actual condition, and dig into dues, reserves, and any assessments before you commit — so you negotiate from facts, not from a headline.

Millpond Trace Condo in 15 seconds.

Best forBuyers who want an attainable condo and are comfortable doing the association homework.
Biggest advantageA negotiable market where buyers currently hold leverage.
Biggest riskLow volume and a declining median make pricing and comps noisy.
Sweet spotAn updated unit bought below an aggressive seller's ask.
Avoid ifYou need to resell quickly or want a fast, competitive market.

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 Millpond Trace Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Millpond Trace Condo?
The median sale price in Millpond Trace Condo was $143K over the 12 months ending July 15, 2026 (11 closed sales, Stellar MLS).
How long do homes in Millpond Trace Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 55 days on market (11 sales, Stellar MLS).
Do cash buyers compete in Millpond Trace Condo?
Cash buyers took 36% of Millpond Trace Condo sales in the 12 months ending June 2026 (4 of 11 closings, Stellar MLS).
Who is the best real estate agent for Millpond Trace Condo?
The best agent for Millpond Trace Condo is one who actively works New Port Richey 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 Millpond Trace Condo.
How do I find a top New Port Richey real estate agent who knows Millpond Trace Condo?
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 Millpond Trace Condo and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Millpond Trace Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Millpond Trace Condo purchase or sale - no call center and no pressure.
Budget-conscious buyers targeting an attainable condo near the $143,000 medianExcellent fit
Buyers with time to shop and negotiate in a slow marketExcellent fit
Buyers willing to trade some updating for a lower entry costExcellent fit
Buyers who need to sell again within a short horizonProbably not
Buyers who want a fast, low-drama transaction with competitive urgencyProbably not
Buyers unwilling to review association dues, reserves, and assessments closelyProbably 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 (76 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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