Morsani Phase 1
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
412 homesBuilt 1945–2024Median sale $655K
Free · No obligation
Talk to a Morsani Phase 1 Expert

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

Live Market Pulse
55/100
Market Heat
Normal for Morsani Phase 1
2019 → 2026 · 78 at the 2022 peak
0 is Morsani Phase 1's coldest market since 2019, 100 its hottest. Today: 55. How it's scored
Built fromLive Stellar MLS data7 years of closingsFL DOR public recordsUpdated twice daily
Live · Morsani Phase 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$655K
Median sold · 12 mo
down 6.4% vs the prior 12 months
-6.4%
1-yr price change
n = 8 and 15 sales in the two windows
$245/sf
Sold $/sqft · 12 mo
peak $288 in 2023
99.2%
Sale vs ask
Pasco median: 95.5%
Tempo
49days
Median DOM · closed
5 days at the 2022 low
8
Sold · last 12 mo
10-yr average: about 8 a year
Ownership and context
78%
Owner-occupied · Morsani Phase 1
350 of 450 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Morsani Phase 1
incl. 4% trust or LLC-held · 5% out-of-state
22%
Cash buyers · Morsani Phase 1
2 of 9 sales, 12 mo ending June 2026
412
Homes in the community
plus 38 vacant residential lots · 450 residential parcels (FL DOR 2025)
Track record · 7 years of records
Est. 1945
Community established
homes built 1945-2024, median 2019 (FL DOR 2025)
0
Failed listings · 2025
peaked at 12 in 2025
2,870sqft
Median sold home size
12-mo windows, closed sales
1.9%/yr
Turnover rate
about 8 of 412 homes trade a year
Morsani Phase 1 Housing Pulse · Momentum Research · as of July 15, 2026

Morsani Phase 1 right now

🟡 Off the recent peak. The trailing-12-month median ($655K) is down 6.4% from the prior 12 months ($700K). With about a dozen 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 (8 and 15 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

Morsani Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $655K ($245 per sq ft over the trailing 12 months of closed sales), and a median 49 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 (8 closings in the current window).

Morsani Phase 1 is a community of 412 homes in Lutz, Pasco County, built between 1945 and 2024 (median 2019), with a median living area of about 2,647 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 21 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
$400K$500K$600K$700K2020202220242026
Down 6.4% year over year.
Every sale since 2019 · price vs size
$0$500K$1M2k3k4k
67 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$3002020202220242026
Up from $135 in 2019 to a $288 peak in 2023; $245 now.
Median days on market · closed sales
0501002020202220242026
5 days at the 2022 low; 49 now.
Sale price vs original ask · median
92%95%98%100%2020202220242026
99.2% now vs Pasco 95.5%.
Homes sold per 12-mo window
010202020202220242026
0 to 21 a year; 8 in the current window.
Sellers who gave up · failed listings per year
05102020202220242025
Canceled, expired, or withdrawn. 12 quit in 2025; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
78 at the 2022 peak, 25 in the troughs, 55 now. Same score as the hero card, full history.

If we were buying in Morsani Phase 1 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 Morsani Phase 1.

A closer look at the Morsani Phase 1 market

At a median of $245 per square foot, Morsani Phase 1 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 6% year over year. Homes that do trade take a median 49 days on market, useful leverage on any listing that has lingered.

The housing stock is 412 homes built between 1945 and 2024, and 78% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Morsani Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.2B · Buy Score
Recent Direction4.4/10
Owner Commitment7.8/10
Pricing Power9.5/10

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 (7.2). Basis: Recent Direction -6.4% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 99.2% sale-to-list. Refreshed with each data update.

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 Morsani Phase 1 sales matched to your home.

What is your Morsani Phase 1 home worth?

Get a no-obligation home value based on real comparable sales in Morsani Phase 1, 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 Morsani Phase 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Morsani Phase 1?
The median sale price in Morsani Phase 1 was $655K over the 12 months ending July 15, 2026 (8 closed sales, Stellar MLS).
How long do homes in Morsani Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 49 days on market (8 sales, Stellar MLS).
How many homes are in Morsani Phase 1?
The Florida DOR 2025 assessment roll shows 412 homes plus 38 vacant residential lots in Morsani Phase 1 (public records).
What share of Morsani Phase 1 is owner-occupied?
78% of Morsani Phase 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Morsani Phase 1 built?
Homes in Morsani Phase 1 were built between 1945 and 2024, with a median year built of 2019 (FL DOR 2025 roll).
Do cash buyers compete in Morsani Phase 1?
Cash buyers took 22% of Morsani Phase 1 sales in the 12 months ending June 2026 (2 of 9 closings, Stellar MLS).
Who is the best real estate agent for Morsani Phase 1?
The best agent for Morsani Phase 1 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 Morsani Phase 1.
How do I find a top Lutz real estate agent who knows Morsani Phase 1?
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 Morsani Phase 1 and the wider Lutz area.
Can Momentum Realty connect me with an agent for Morsani Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Morsani Phase 1 purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33558))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2019 (67 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 →
Talk to a Local Morsani Phase 1 Expert
Call Get Listings