Waterchase Ph 2
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
What sets price in Waterchase Ph 2 is size and condition, not location gimmicks. With a median living area around 3,738 square feet and homes built between 2002 and 2009, this is a large-home submarket where the median sits at $700,000 and roughly $314 per square foot. Expect a wide spread around that median driven almost entirely by how updated a given home is; original-condition and renovated homes at this age diverge sharply, so the per-square-foot figure is a starting point, not a rule.
The current posture is soft. Median days on market near 33 is neither hot nor stalled, but a year-over-year change of roughly -27.7% and a heat score of 37 tell you this is a buyer-leaning market right now. Sellers should price to the current comp, not last year's, and be prepared to negotiate on condition. Buyers have room and time to be selective — the pressure to overpay is not here today.
Waterchase Ph 2 right now
🔴 Off the recent peak. The trailing-12-month median ($700K) is down 27.7% from the prior 12 months ($968K). 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 13. Confidence: Low (5 and 5 sales in the two windows).
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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 2 market snapshot (as of July 13, 2026): the median sale price is about $700K ($314 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales. The trailing-12-month median is down 28% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).
Waterchase Ph 2 is a community of 241 homes in Tampa, Hillsborough County, built between 2002 and 2009 (median 2004.0), with a median living area of about 3,738 square feet. 88% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Waterchase Ph 2 is a large-home community of 241 homes in northwest Hillsborough County, built in a tight window in the 2000s. An owner-occupancy share near 88% points to a stable, non-churning inventory rather than a rental-heavy or flip-driven pocket.
Who Waterchase Ph 2 is best for.
Best for
- Buyers targeting a large square-footage home with a budget centered on the $700,000 median
- Long-hold owner-occupants who value a stable, high-owner-occupancy community over quick turnover
- Buyers willing to scrutinize condition and updates to find value in a soft market
Probably not for
- Buyers seeking a small or low-maintenance home well under the median size
- Anyone counting on near-term appreciation given the negative year-over-year read
- Buyers who want deep comp data before committing, since recent closings are few
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 ($700K) IS the median in the snapshot above, and the move from 2025 ($968K) IS the -27.7% one-year change.
Windows contain 0 to 7 sales each (5 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 2 buying strategy.
If we were buying in Waterchase Ph 2 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 2.
A condition-driven large-home market
The homes here share a construction era and a footprint: median build around 2004, median living area near 3,738 square feet. That consistency is useful for comparing, but it also means the biggest variable between two similar-sized homes is what an owner has or hasn't done to the interior and systems over twenty-plus years. Roofs, HVAC, and kitchens from the original build cycle are the line items that move value, so read a listing's updates carefully rather than anchoring to the median alone.
With a closings window of only five recent sales, comps are thin. That thinness cuts both ways — a single well-updated or badly-dated sale can pull the apparent median, so treat any one number as directional. On a soft year-over-year read, this is a market where doing the condition math on each specific home matters more than usual.
The location and the amenities are priced into every listing in Waterchase Ph 2. 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 2 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 (5.3). Basis: Recent Direction -27.7% year-over-year; Owner Commitment 88% owner-occupied; Pricing Power 95.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin-comp, condition-driven submarket like this, the value is in reading each home honestly rather than leaning on an average. We walk the systems, weigh the updates against the era, and price to today's comps instead of last year's peak — so sellers don't chase a stale number and buyers don't overpay for deferred maintenance.
Waterchase Ph 2 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 2 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 2 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 2, 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 2 home worth?
Get a no-obligation home value based on real comparable sales in Waterchase Ph 2, 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 Waterchase Ph 2?
How long do homes in Waterchase Ph 2 take to sell?
How many homes are in Waterchase Ph 2?
What share of Waterchase Ph 2 is owner-occupied?
When were the homes in Waterchase Ph 2 built?
Do cash buyers compete in Waterchase Ph 2?
Who is the best real estate agent for Waterchase Ph 2?
How do I find a top Tampa real estate agent who knows Waterchase Ph 2?
Can Momentum Realty connect me with an agent for Waterchase Ph 2?
Should you buy in Waterchase Ph 2?
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 (6 streets, ZIP 33556/33626)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2013 (36 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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