Watercrest- Ph 2
Homes for Sale in Odessa, FL

Community in Odessa · Hillsborough County
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Live · WATERCREST PH 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$625K
Median sold · 12 mo
down 3.3% vs the prior 12 months
-3.3%
1-yr price change
n = 5 and 10 sales in the two windows
$273/sf
Sold $/sqft · 12 mo
peak $346 in 2023
92.7%
Sale vs ask
Manatee median: 94.1%
Tempo
175days
Median DOM · closed
3 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
40%
Cash buyers · WATERCREST PH 2
2 of 5 sales, 12 mo ending June 2026
Track record · 21 years of records
3
Failed listings · 2026
peaked at 123 in 2006
2,287sqft
Median sold home size
12-mo windows, closed sales
Built fromLive Stellar MLS data13 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is not enough active MLS data on Watercrest- Ph 2 right now to pin down a price trend, a typical day-on-market figure, or a reliable read on where values are settling. That is itself the story: this is a thin-data community at this moment, and any number someone quotes you outside of a direct listing pull should be treated with caution.

For a buyer or seller, that means the smart move is to work off current, individual listings rather than assumed comps. Phase 2 naming suggests the community was built or is being built in stages, which can affect how comparable a home actually is to its neighbors depending on which section and build cycle it came from.

WATERCREST PH 2 Housing Pulse · Momentum Research · as of August 2, 2026

WATERCREST PH 2 right now

🟡 Off the recent peak. The trailing-12-month median ($625K) is down 3.3% from the prior 12 months ($646K). With about 4 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 August 2. Confidence: Low (5 and 10 sales in the two windows).

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

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • A buyer willing to verify amenities, HOA terms, and phase-specific details directly rather than relying on listing summaries
  • A buyer prioritizing a newer build over an established amenity package
  • A seller comfortable pricing off individual comparable sales rather than a published market trend

Probably not for

  • A buyer who wants a confirmed clubhouse, pool, or other shared amenity in place before purchase
  • A buyer who wants a well-documented price history to benchmark against
  • A seller expecting an established market narrative to support a listing price

The market around Watercrest- Ph 2

Watercrest- Ph 2 is a small community — 13 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Watercrest- Ph 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Watercrest- Ph 2 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 Watercrest- Ph 2.

Best Buy
Buyers and sellers who want a direct, listing-specific read rather than a market average, because there is not enough data here to average.
Biggest Risk
Amenities, phase-specific build quality, and pricing trends are not yet established in the current MLS record.
Sweet Spot
Buyers comfortable doing extra diligence — verifying HOA terms, phase details, and comparable sales directly — before making an offer.
Avoid If
You want a community with a documented amenity package or an established, easily-comped price history.

A Phase 2 community with a thin public record

Being labeled 'Phase 2' typically means the community was developed or is developing in sections, and it is worth confirming which section a specific home sits in, what was built when, and whether builder-installed features vary between phases. That context matters more here than in an established, fully-built-out neighborhood because the answer changes what a fair price actually looks like.

No community amenities have been identified from current MLS listings for Watercrest- Ph 2. That does not necessarily mean there are none — it may reflect gaps in how listings were entered, or it may mean this phase genuinely does not include amenity access that other phases have. Either way, do not assume a clubhouse, pool, or shared green space exists until it is confirmed on the specific listing or through the HOA documents.

The location and the amenities are priced into every listing in Watercrest- Ph 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When public MLS data is this thin, the value of an agent who will actually pull individual listings, cross-check HOA documents, and verify phase-specific details goes up, not down. We do not fill gaps with assumptions — we tell you plainly what we know, what we do not, and what needs a direct call to the HOA or builder before you commit.

Watercrest- Ph 2 in 15 seconds.

Best forBuyers and sellers who want a direct, listing-specific read rather than a market average, because there is not enough data here to average.
Biggest advantageA newer-phase community may offer less deferred maintenance than older stock nearby, though this needs confirming on a home-by-home basis.
Biggest riskAmenities, phase-specific build quality, and pricing trends are not yet established in the current MLS record.
Sweet spotBuyers comfortable doing extra diligence — verifying HOA terms, phase details, and comparable sales directly — before making an offer.
Avoid ifYou want a community with a documented amenity package or an established, easily-comped price history.

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 Watercrest- Ph 2 sales matched to your home.

What is your Watercrest- Ph 2 home worth?

Get a no-obligation home value based on real comparable sales in Watercrest- 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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Real comps, not an automated estimate.
A buyer willing to verify amenities, HOA terms, and phase-specific details directly rather than relying on listing summariesExcellent fit
A buyer prioritizing a newer build over an established amenity packageExcellent fit
A seller comfortable pricing off individual comparable sales rather than a published market trendExcellent fit
A buyer who wants a confirmed clubhouse, pool, or other shared amenity in place before purchaseProbably not
A buyer who wants a well-documented price history to benchmark againstProbably not
A seller expecting an established market narrative to support a listing priceProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (6 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.

Windows contain 0 to 12 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 2005 through 2026. Deemed reliable but not guaranteed.

Every sale since 2005 · price vs size
$0$1M$2M2k3k4k
147 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 12 a year; 5 in the current window.
Sellers who gave up · failed listings per year
0501002008201220242026
Canceled, expired, or withdrawn. 123 quit in 2006; 3 so far in 2026. The clearest stress gauge a community has.
How much local inventory is already under contract

29% of homes for sale in ZIP 33556 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 (2026-08-01).

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2005 (147 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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More Odessa & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Thinking of selling in WATERCREST PH 2? 5 recorded closings; median 175 days on market (window ending 2026-08-02). See the Manatee 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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