Tierra Verde Unit 1 1St Rep
Homes for Sale in Tierra Verde, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by the water, the lot, and the condition of the house — not by any uniform product. With a build range spanning 1961 to 2024 and a median year built of 1987, you are buying into a neighborhood where an original mid-century home and a recent rebuild can sit on the same street. That spread is why the median price sits at $1,687,500 and why per-square-foot runs to roughly $682: you are paying for setting and finish level, and the number on any given listing tells you more about the house than the market.
The current posture favors a patient, discerning buyer. Prices are down 12.3% year over year and homes are taking a median of about 84 days to close — this is not a market where you overpay to win. Sellers should price to condition and comparable water access, not to last year's peak, and plan for a longer marketing window. The thin closing count over the window means individual sales swing the averages, so read each comp on its own merits.
Tierra Verde Unit 1 1St Rep right now
🔴 Off the recent peak. The trailing-12-month median ($1.69M) is down 12.3% from the prior 12 months ($1.93M). With about 5 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 (8 and 5 sales in the two windows).
What's unique here: the median sale price is about 4x the typical Pinellas County sale ($1.69M vs $390K, trailing 12 months, Stellar MLS records).
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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
Tierra Verde Unit 1 1St Rep market snapshot (as of July 15, 2026): the median sale price is about $1.69M ($682 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 12% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
Tierra Verde Unit 1 1St Rep is a community of 511 homes in Tierra Verde, Pinellas County, built between 1961 and 2024 (median 1987), with a median living area of about 2,985 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Tierra Verde Unit 1 1St Rep is an established, water-oriented pocket of roughly 511 homes in Pinellas County, where the median residence runs near 2,985 square feet. With close to 80% of homes carried as homestead, turnover is measured rather than frenzied.
Who Tierra Verde Unit 1 1St Rep is best for.
Best for
- Buyers with a budget at or above the mid-seven-figure median who want a water-oriented property and can move deliberately
- Renovation-minded buyers willing to trade an older build for setting and upside
- Long-hold owners who value a low-turnover, established pocket over rapid appreciation
Probably not for
- Buyers needing a home priced well below the community median
- Anyone requiring a quick, liquid resale in a market with an 84-day median
- Buyers who want new, uniform construction with predictable finishes throughout
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 ($1.69M) IS the median in the snapshot above, and the move from 2025 ($1.93M) IS the -12.3% one-year change.
Windows contain 1 to 10 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.
The Tierra Verde Unit 1 1St Rep buying strategy.
If we were buying in Tierra Verde Unit 1 1St Rep today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Tierra Verde Unit 1 1St Rep.
A market priced house by house
The defining feature of this community is variance. A 1987 median build sitting inside a 1961–2024 range means the housing stock is a mix of original construction, renovated homes, and full rebuilds, and that mix is doing most of the work behind the median price and the high per-square-foot figure. Two homes of similar size can be worlds apart on price depending on whether the systems, elevation, and finishes have been brought current.
The heat score of 63 reads as active but not overheated, which matches the numbers around it: a median close to 84 days and a double-digit year-over-year decline. That combination gives buyers room to inspect, negotiate, and walk away, while telling sellers that condition and honest pricing are the levers that move a house here. High homestead share suggests owners tend to hold, so quality listings are not constant — when the right one appears, it deserves attention.
The location and the amenities are priced into every listing in Tierra Verde Unit 1 1St Rep. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Tierra Verde Unit 1 1St Rep buys, holds, and resells. Momentum Research; not an appraisal.
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 (4.4). Basis: Recent Direction -12.3% year-over-year; Owner Commitment 80% owner-occupied; Pricing Power 88.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this condition-driven and this thin on closings, the median is a starting point, not an answer. We underwrite each home against its water access, elevation, age, and finish level rather than a neighborhood average, so buyers know what they are actually paying for and sellers price to the house instead of to a headline. That discipline matters most when the trend is soft and days-on-market is long.
Tierra Verde Unit 1 1St Rep in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Tierra Verde Unit 1 1St Rep buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Tierra Verde Unit 1 1St Rep sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tierra Verde Unit 1 1St Rep, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tierra Verde Unit 1 1St Rep home worth?
Get a no-obligation home value based on real comparable sales in Tierra Verde Unit 1 1St Rep, 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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Frequently Asked Questions
What is the median home price in Tierra Verde Unit 1 1St Rep?
How long do homes in Tierra Verde Unit 1 1St Rep take to sell?
How many homes are in Tierra Verde Unit 1 1St Rep?
What share of Tierra Verde Unit 1 1St Rep is owner-occupied?
When were the homes in Tierra Verde Unit 1 1St Rep built?
Do cash buyers compete in Tierra Verde Unit 1 1St Rep?
Who is the best real estate agent for Tierra Verde Unit 1 1St Rep?
How do I find a top Tierra Verde real estate agent who knows Tierra Verde Unit 1 1St Rep?
Can Momentum Realty connect me with an agent for Tierra Verde Unit 1 1St Rep?
Should you buy in Tierra Verde Unit 1 1St Rep?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (12 streets, ZIP 33715)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2006 (77 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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