Paradise Lakes Ph 03E
Homes for Sale in Lutz, FL

Community in Lutz · Pasco County
Median sale $200K
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Live Market Pulse
45/100
Market Heat
Near its long-run normal
2016 → 2026 · 78 at the 2022 peak
0 is Paradise Lakes Ph 03E's coldest market since 2016, 100 its hottest. Today: 45. How it's scored
Built fromLive Stellar MLS data12 years of closingsUpdated twice daily
Live · Paradise Lakes Ph 03E Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$200K
Median sold · 12 mo
down 15.3% vs the prior 12 months
-15.3%
1-yr price change
n = 3 and 7 sales in the two windows
$198/sf
Sold $/sqft · 12 mo
peak $285 in 2024
96.2%
Sale vs ask
Tempo
85days
Median DOM · closed
0 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
67%
Cash buyers · Paradise Lakes Ph 03E
2 of 3 sales, 12 mo ending June 2026
Track record · 12 years of records
1
Failed listings · 2026
peaked at 46 in 2021
1,135sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Paradise Lakes Ph 03E is trading on a thin data set right now — three closings in the current window — so the numbers here should be read as a directional signal, not a precise gauge. The median sale of $200,000 works out to roughly $197.60 a square foot, and with only a handful of transactions feeding that number, condition and unit size on any given closing can swing the median meaningfully.

The bigger story is pace and direction: median days on market sits at 85, well into slow-moving territory, and year-over-year pricing is down 15.3%. A market heat score of 45 backs that up — this is not a competitive, multiple-offer environment. Sellers here need to price to the current trend rather than last year's comps, and buyers have room to negotiate on both price and terms.

Paradise Lakes Ph 03E Housing Pulse · Momentum Research · as of July 15, 2026

Paradise Lakes Ph 03E right now

🔴 Off the recent peak. The trailing-12-month median ($200K) is down 15.3% from the prior 12 months ($236K). 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 (3 and 7 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

Paradise Lakes Ph 03E market snapshot (as of July 15, 2026): the median sale price is about $200K ($198 per sq ft over the trailing 12 months of closed sales), and a median 85 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).

Paradise Lakes Ph 03E in Lutz is a small, low-turnover corner of the Pasco County market where recent closings have been limited enough that each sale carries real weight in the numbers — a useful reminder to look at the underlying listings, not just the headline median, before setting expectations.

Best for

  • Buyers working with a longer purchase timeline who can absorb an 85-day-plus market pace without pressure.
  • Buyers focused on price-per-square-foot value in the Lutz area who are comfortable doing unit-level diligence given the thin comp set.
  • Sellers willing to price to the current year-over-year trend rather than anchoring to prior peak pricing.

Probably not for

  • Buyers who need a large pool of recent comparable sales to feel confident in an offer price.
  • Sellers expecting a fast, high-competition sale given the current 45 market heat score.
  • Anyone prioritizing on-site community amenities, since none are identified from current MLS listings here.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($200K) IS the median in the snapshot above, and the move from 2025 ($236K) IS the -15.3% one-year change.

Windows contain 0 to 8 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$150K$200K$250K2014201620182020202220242026
Down 15.3% year over year.
Every sale since 2014 · price vs size
$0$200K$400K2k4k
34 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$3002014201620182020202220242026
Up from $100 in 2014 to a $285 peak in 2024; $198 now.
Median days on market · closed sales
01002002014201620182020202220242026
0 days at the 2022 low; 85 now.
Sale price vs original ask · median
80%90%100%2014201620182020202220242026
96.2% now.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 8 a year; 3 in the current window.
Sellers who gave up · failed listings per year
020402004200820122016202020242026
Canceled, expired, or withdrawn. 46 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
78 at the 2022 peak, 28 in the troughs, 45 now. Same score as the hero card, full history.

If we were buying in Paradise Lakes Ph 03E 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 Paradise Lakes Ph 03E.

Best Buy
Buyers comfortable making a decision without a deep bench of recent comparable sales to lean on.
Biggest Risk
A three-closing sample size means the median price can move sharply with the next sale or two.
Sweet Spot
Buyers or sellers who verify pricing against the actual live listings rather than the headline median alone.
Avoid If
You need a data-rich market with dozens of recent comps to validate an offer or a list price.

A market thin on data, soft on pace

With just three closings in the current window, Paradise Lakes Ph 03E doesn't offer the kind of statistical depth you get in larger communities. That's not a flaw, it's just the reality of a smaller pocket of the Lutz market — it means pricing conversations here should lean on a specific unit's condition and recent comparable activity rather than treating the median as a fixed benchmark.

The 85-day median days-on-market figure and the 15.3% year-over-year decline both point the same direction: demand has softened relative to where it was. That combination — slower absorption plus a lower year-over-year price trend — typically favors buyers on negotiating leverage and asks sellers to be realistic about list price from day one rather than testing the market high and adjusting down later.

The location and the amenities are priced into every listing in Paradise Lakes Ph 03E. 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 community with this few recent closings, generic market reports won't tell you much — you need someone pulling the actual comparable listings and reading them against current conditions, not a stale average. We track the Stellar MLS feed directly and can walk you through what the three most recent sales actually looked like, unit by unit, before you set a price or make an offer.

Paradise Lakes Ph 03E in 15 seconds.

Best forBuyers comfortable making a decision without a deep bench of recent comparable sales to lean on.
Biggest advantageThe current 85-day median time on market suggests less competition and more room to negotiate.
Biggest riskA three-closing sample size means the median price can move sharply with the next sale or two.
Sweet spotBuyers or sellers who verify pricing against the actual live listings rather than the headline median alone.
Avoid ifYou need a data-rich market with dozens of recent comps to validate an offer or a list price.

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 Paradise Lakes Ph 03E sales matched to your home.

What is your Paradise Lakes Ph 03E home worth?

Get a no-obligation home value based on real comparable sales in Paradise Lakes Ph 03E, 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 Paradise Lakes Ph 03E on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Paradise Lakes Ph 03E?
The median sale price in Paradise Lakes Ph 03E was $200K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Paradise Lakes Ph 03E take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 85 days on market (3 sales, Stellar MLS).
Do cash buyers compete in Paradise Lakes Ph 03E?
Cash buyers took 67% of Paradise Lakes Ph 03E sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Paradise Lakes Ph 03E?
The best agent for Paradise Lakes Ph 03E 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 Paradise Lakes Ph 03E.
How do I find a top Lutz real estate agent who knows Paradise Lakes Ph 03E?
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 Paradise Lakes Ph 03E and the wider Lutz area.
Can Momentum Realty connect me with an agent for Paradise Lakes Ph 03E?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Paradise Lakes Ph 03E purchase or sale - no call center and no pressure.
Buyers working with a longer purchase timeline who can absorb an 85-day-plus market pace without pressure.Excellent fit
Buyers focused on price-per-square-foot value in the Lutz area who are comfortable doing unit-level diligence given the thin comp set.Excellent fit
Sellers willing to price to the current year-over-year trend rather than anchoring to prior peak pricing.Excellent fit
Buyers who need a large pool of recent comparable sales to feel confident in an offer price.Probably not
Sellers expecting a fast, high-competition sale given the current 45 market heat score.Probably not
Anyone prioritizing on-site community amenities, since none are identified from current MLS listings here.Probably 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 (34 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.

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CallFree valuation →
Thinking of selling in Paradise Lakes Ph 03E? 3 recorded closings; median 85 days on market (window ending 2026-07-15). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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