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Live Market Pulse
17/100
Market Heat
Cooler than normal
2016 → 2026 · 90 at the 2022 peak
0 is Shadow Lakes Condo's coldest market since 2016, 100 its hottest. Today: 17. How it's scored

Photo via Stellar MLS

Built fromLive Stellar MLS data11 years of closingsUpdated twice daily

As of October 2026, Shadow Lakes Condo in Largo, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $151,500, $163 per square foot, a median 35 days on market, sellers accepting 89% of original asking (-18% versus the prior year). Homes listed or recently sold were built 1982–1986; 3 of 15 report an HOA (median $513/mo); none of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 40 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $2,940 ($2,130 with the full homestead exemption).

Shadow Lakes Condo key facts
LocationLargo, Pinellas County, FL · ZIP 33778
Home types (current listings and sales)condos 100%
Amenities listed by sellersPool, Buyer Approval Required, Community Mailbox, Deed Restrictions, No Truck/RV/Motorcycle Parking, Cable TV
Sale prices, last 12 months$151,500 median across 11 closed sales · $163 per sq ft · -17.7% vs the prior 12 months
Days on market (closed sales)35 median
For sale right now3 active, 0 pending · median asking $199,500 · 2.6 months of supply

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Shadow Lakes Condo key facts,” movewithmomentum.com/neighborhoods/shadow-lakes-condo, data as of September 20, 2026.

Last 30 days in Shadow Lakes: 1 new listing (median asking $149,000), 1 closed sale (median $153,500). As of October 2, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Shadow Lakes Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$152K ▼
Median sold · 12 mo
down 17.7% vs the prior 12 months
-17.7% ▼
1-yr price change
n = 11 and 9 sales in the two windows
$163/sf
Sold $/sqft · 12 mo
peak $232 in 2023
88.5%
Sale vs ask
Tempo
2.6mo
Supply
3 to 6 months is the balanced band
35days
Median DOM · closed
4 days at the 2022 low
0%
Under contract
Pinellas: 20% (1,627 of 8,166)
3 · 0
For sale · pending
live counts, refreshed twice daily
11
Sold · last 12 mo
10-yr average: about 6 a year
Track record · 11 years of records
960sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Shadow Lakes Condo

Live MLS inventory for Shadow Lakes Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Shadow Lakes Condo listings as of 2026-10-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Tap any home to ask about it.

Every Home for Sale in Shadow Lakes Condo Right Now (3)

All 3 active and pending Shadow Lakes Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Shadow Lakes is a small early-1980s condo community in Largo, and at a median of $130,000 the pricing here is condition-driven more than anything else. With units built between 1982 and 1986 and a median footprint around 960 square feet, what separates one sale from the next is updates, floor, and interior wear — not square footage, which barely moves across the community.

The market posture is soft. The median is down 29.8% year over year, and the heat score of 14 says buyers are in control right now. Homes are taking a median of 35 days to close — just over a month — which is workable but not urgent. For a buyer, this is a patient, negotiate-hard environment. For a seller, it means pricing to the current reality, not last year's, and expecting condition to be scrutinized.

Shadow Lakes Condo Housing Pulse · Momentum Research · as of September 20, 2026

Shadow Lakes Condo right now

🟡 Balanced market. 2.6 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Medium (3 active and pending listings, 11 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($152K) is down 17.7% from the prior 12 months ($184K). 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 September 20. Confidence: Medium (11 and 9 sales in the two windows).

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

· Updated October 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

Shadow Lakes Condo market snapshot (as of September 20, 2026): the median sale price is about $152K ($163 per sq ft over the trailing 12 months of closed sales), a median 35 days on market for closed sales, and 2.6 months of supply, a balanced market. The trailing-12-month median is down 18% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

In ZIP 33778 (Largo), 314 homes closed in the last 12 months at a median of $250K ($210/sq ft), down 8.6% year over year, with a median 68 days on market. Right now 76 active and 18 pending listings put supply at about 3.5 months — a buyer's market. See the live ZIP 33778 housing market and the Pinellas County market.

Stellar MLS sales records identify 35 homes in Shadow Lakes Condo that have changed hands since 2011, built between 1982 and 1986 (median 1984), with a median living area of about 960 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Shadow Lakes is a compact community of 32 condos in Largo, all built within a tight mid-1980s window, which keeps floor plans and vintage consistent across the board. About half the units carry a homestead exemption, a mix of owner-occupied and non-homestead ownership.

Best for

  • Cost-conscious buyers targeting an entry point around the $130,000 median
  • Buyers who value a compact, single-vintage floor plan and low upkeep
  • Patient buyers willing to negotiate in a slow, buyer-controlled market

Probably not for

  • Buyers needing significant square footage beyond a roughly 960-square-foot unit
  • Investors or owners counting on near-term price gains after a 29.8% decline
  • Buyers wanting new construction or a modern build era

Windows contain 0 to 12 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 2015 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$50K$100K$150K$200K201620182020202220242026
Down 17.7% year over year.
Every sale since 2015 · price vs size
$0$100K$200K1k1k1k1k
72 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$250201620182020202220242026
Up from $72 in 2015 to a $232 peak in 2023; $163 now.
Median days on market · closed sales
02040201620182020202220242026
4 days at the 2022 low; 35 now.
Sale price vs original ask · median
90%95%100%201620182020202220242026
88.5% now.
Homes sold per 12-mo window
0510201620182020202220242026
0 to 12 a year; 11 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
90 at the 2022 peak, 17 in the troughs, 17 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% of homes for sale in ZIP 33778 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 (2026-10-02).

Shadow Lakes Condo Market Scorecard

Seller's market

Shadow Lakes Condo is currently a seller's market. About 3.0 months of supply, a median asking price of $199,500, and homes go under contract in about 74 days.

3.0
Months supply
$199,500
Median list
$146,265
Median sold
$208
Per sqft
74
Days on mkt
3/0/12
Active/Pend/Sold

Typical home value in the 33778 ZIP is $352,384, about 11.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Shadow Lakes Condo, Largo

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 10 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-26)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Fuguitt Elementary-PN · Elementary
  • Osceola Middle-PN · Middle
  • Seminole High-PN · High

Zoned schools reflect the assignments reported on recent Shadow Lakes Condo listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Shadow Lakes Condo address.

If we were buying in Shadow Lakes 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 Shadow Lakes Condo.

Best Buy
Buyers wanting an affordable, low-maintenance condo footprint in central Pinellas.
Biggest Risk
A thin sales record and a sharp price drop make single comps unreliable.
Sweet Spot
A well-updated unit bought at or below the $130,000 median.
Avoid If
You need appreciation certainty or a large floor plan.

A small, uniform condo pool in a buyer's market

With only 32 homes and nine closings in the tracked window, this is a thin market where a single well-priced or overpriced listing can skew the read. The median price per square foot sits at about $163.54, and the near-identical build years mean comparisons come down to condition and updates rather than size or era.

The steep year-over-year decline deserves attention. A 29.8% drop is large, and in a community this small it can reflect the specific units that happened to trade rather than a uniform collapse in value. That is exactly why the median is the number to lean on and why any single sale should be read in context. The upside for a buyer is real negotiating room; the caution for a seller is that the comp set is small and unforgiving.

“

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

Jon Brooks · Founder, Momentum Realty
3.8D · Buy Score
Recent Direction1.6/10
Liquidity & Demand7.4/10
Pricing Power2.4/10

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 (3.8). Basis: Recent Direction -17.7% year-over-year; Liquidity & Demand 2.6 months of supply; Pricing Power 88.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a small condo community with a thin sales record and a sharp year-over-year swing, the median tells you more than any one listing. We read the individual closings for condition and context so you are not overpaying on the way in or leaving money on the table on the way out. In a buyer-controlled market like this, that discipline is what pricing and negotiation actually turn on.

Shadow Lakes Condo in 15 seconds.

Best forBuyers wanting an affordable, low-maintenance condo footprint in central Pinellas.
Biggest advantageA soft market gives buyers real negotiating room and time to inspect.
Biggest riskA thin sales record and a sharp price drop make single comps unreliable.
Sweet spotA well-updated unit bought at or below the $130,000 median.
Avoid ifYou need appreciation certainty or a large floor plan.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Shadow Lakes Condos for Sale in Largo, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Shadow Lakes Condos for Sale in Largo, FL.
In short
  • HOA dues reported around $513/month (about $6,156/yr) · median of 61 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $513 per month ($6,156 a year) — the median AssociationFee across 61 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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 Shadow Lakes Condo sales matched to your home.

What is your Shadow Lakes Condo home worth?

Get a no-obligation home value based on real comparable sales in Shadow Lakes 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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Real comps, not an automated estimate.

Recently off market in Shadow Lakes Condo

Homes in Shadow Lakes Condo that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.

Frequently Asked Questions

What is the median home price in Shadow Lakes Condo?
The median sale price in Shadow Lakes Condo was $152K over the 12 months ending September 20, 2026 (11 closed sales, Stellar MLS).
How long do homes in Shadow Lakes Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 35 days on market (11 sales, Stellar MLS).
Is Shadow Lakes Condo a buyer's or seller's market right now?
As of September 20, 2026, Shadow Lakes Condo is roughly balanced: 2.6 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Shadow Lakes Condo?
The best agent for Shadow Lakes Condo is one who actively works Largo 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 Shadow Lakes Condo.
How do I find a top Largo real estate agent who knows Shadow Lakes Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Shadow Lakes Condo and the wider Largo area.
Can Momentum Realty connect me with an agent for Shadow Lakes Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Shadow Lakes Condo purchase or sale - no call center and no pressure.
Where is Shadow Lakes, and what county is it in?
Shadow Lakes is in Largo, Pinellas County, FL, ZIP 33778. The community's center is about 3 miles west of the center of Largo (straight-line).
Is Shadow Lakes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Shadow Lakes: the median sale price over the last 12 months was $152K (11 sales), 56% below the Largo median of $342K; homes took a median 35 days to go under contract; supply is 2.6 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.
Cost-conscious buyers targeting an entry point around the $130,000 medianExcellent fit
Buyers who value a compact, single-vintage floor plan and low upkeepExcellent fit
Patient buyers willing to negotiate in a slow, buyer-controlled marketExcellent fit
Buyers needing significant square footage beyond a roughly 960-square-foot unitProbably not
Investors or owners counting on near-term price gains after a 29.8% declineProbably not
Buyers wanting new construction or a modern build eraProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 1, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (72 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 local comps.

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More on Shadow LakesCondos for Sale in Largo

Thinking of selling in Shadow Lakes Condo? 11 recorded closings; median 35 days on market (window ending 2026-09-20). See the Pinellas 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.

Nearby Communities

Explore more neighborhoods near Shadow Lakes with Momentum Realty’s local guides.

Eden Lake Estates0.1 mi away · median $870K, 3 sales/12 moBel Aire Mobile Village0.1 mi away · median $127K, 11 sales/12 moWHWalsingham Heights0.1 mi away · median $345K, 3 sales/12 moWHWalsingham Heights0.2 mi away · median $369K, 3 sales/12 moRGRidge Grove Estates0.2 mi away · median $310K, 3 sales/12 moKRKeystone Ridge0.2 mi away · 16 homes, built 2017–18CICaribbean Isles Residential Co Apollo Beach (Pinellas)0.3 mi awayAvon Ridge0.3 mi away · median $438K, 6 sales/12 mo

Browse all neighborhood guides →

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