Waterchase Ph 1
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Waterchase Ph 1 is a large-home, single-era enclave in Tampa's Hillsborough County corner, with 439 homes built in a tight 2002 to 2008 window and a median living area north of 3,600 square feet. That size and consistency is what sets the price here — at a median of $957,500 and about $304 a foot, you are paying for square footage and an established build vintage, not for new construction. With homes clustered in age and scale, condition and finish level are the swing factors between one sale and the next.
The posture right now favors sellers. A median of about six and a half days on market is fast, and prices are up 14.7% year over year against a longer arc of roughly 29% since 2012. That said, the market heat score sits at 46, which reads as active but not frenzied — buyers are moving quickly on the right homes rather than chasing everything. For sellers, that means presentation and pricing to the median still matter; for buyers, be ready to decide, but don't assume every listing clears instantly.
Waterchase Ph 1 right now
🟢 Still climbing. The trailing-12-month median ($958K) is up 14.7% from the prior 12 months ($835K) and up 29% since 2012. 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 13. Confidence: Medium (6 and 6 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Hillsborough County sale ($958K vs $395K, trailing 12 months, Stellar MLS records).
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Updated July 13, 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
Waterchase Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $958K ($304 per sq ft over the trailing 12 months of closed sales), and a median 7 days on market for closed sales. The trailing-12-month median is up 15% from the prior 12 months and up 29% since 2012, computed from record-level Stellar MLS closed sales (6 closings in the current window).
Waterchase Ph 1 is a community of 439 homes in Tampa, Hillsborough County, built between 2002 and 2008 (median 2004.0), with a median living area of about 3,610 square feet. 88% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a mature, uniformly large-home community where the homes were built within a single half-decade, so the buying decision usually comes down to updates and condition rather than floor-plan variety or age.
Who Waterchase Ph 1 is best for.
Best for
- Buyers with a budget near or above the mid-$900s seeking substantial square footage
- Buyers who prefer an established, single-era community over new builds
- Move-ready buyers who can decide quickly when a well-kept home lists
Probably not for
- Buyers wanting new construction or the newest finishes
- Buyers needing a wide range of price points or floor plans to choose from
- Buyers who want a deep, always-available inventory rather than waiting for the right listing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($958K) IS the median in the snapshot above, and the move from 2025 ($835K) IS the +14.7% one-year change.
Windows contain 0 to 17 sales each (6 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 Waterchase Ph 1 buying strategy.
If we were buying in Waterchase Ph 1 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 Waterchase Ph 1.
A single-vintage community where condition drives price
With every home built between 2002 and 2008 and a median year of 2004, Waterchase Ph 1 offers little spread in age. What varies is what owners have done since. A median around $304 per square foot on 3,600-plus-square-foot homes tells you the pricing is size-led, but the gap between an updated home and a dated one can be wide — and there is no price range in the data to lean on, so each sale needs to be read on its own merits.
The homestead share sits near 88%, which points to a community held largely by owner-occupants rather than short-term holders. Combined with just six closings in the recent window, that means supply is thin and turnover is modest. Buyers should expect to wait for the right home to surface rather than choose from a deep menu, and sellers benefit from that scarcity when they list a well-kept property.
The location and the amenities are priced into every listing in Waterchase Ph 1. 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 Waterchase Ph 1 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 4 factors (7.6). Basis: Long-Term Appreciation +29% since 2012; Recent Direction +14.7% year-over-year; Owner Commitment 88% owner-occupied; Pricing Power 96.7% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-turnover community with only a handful of recent closings and a wide condition-driven price spread, the median alone won't tell you what a specific home is worth. We read each home against its updates, layout, and lot — and because inventory is thin and moves fast, we help you be ready to act without overpaying on the homes that don't justify it.
Waterchase Ph 1 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 Waterchase Ph 1 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 Waterchase Ph 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterchase Ph 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterchase Ph 1 home worth?
Get a no-obligation home value based on real comparable sales in Waterchase Ph 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 Waterchase Ph 1 on the map →
Frequently Asked Questions
What is the median home price in Waterchase Ph 1?
How long do homes in Waterchase Ph 1 take to sell?
How many homes are in Waterchase Ph 1?
What share of Waterchase Ph 1 is owner-occupied?
When were the homes in Waterchase Ph 1 built?
Do cash buyers compete in Waterchase Ph 1?
Have Waterchase Ph 1 home prices gone up?
Who is the best real estate agent for Waterchase Ph 1?
How do I find a top Tampa real estate agent who knows Waterchase Ph 1?
Can Momentum Realty connect me with an agent for Waterchase Ph 1?
Should you buy in Waterchase Ph 1?
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 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33626)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2009 (64 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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