Watergrass Prcl E-3
Homes for Sale in Wesley Chapel, FL

Community in Wesley Chapel · Pasco County
131 homesBuilt 2020–2023Median sale $475K
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Live · Watergrass Prcl E-3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$475K
Median sold · 12 mo
down 3.7% vs the prior 12 months
-3.7%
1-yr price change
n = 7 and 7 sales in the two windows
$205/sf
Sold $/sqft · 12 mo
peak $248 in 2024
96.2%
Sale vs ask
Pasco median: 95.5%
Tempo
108days
Median DOM · closed
0 days at the 2022 low
7
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
78%
Owner-occupied · Watergrass Prcl E-3
102 of 131 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Watergrass Prcl E-3
incl. 0% trust or LLC-held · 5% out-of-state
38%
Cash buyers · Watergrass Prcl E-3
3 of 8 sales, 12 mo ending June 2026
131
Homes in the community
131 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 2020
Community established
homes built 2020-2023, median 2022 (FL DOR 2025)
3
Failed listings · 2026
peaked at 6 in 2025
2,320sqft
Median sold home size
12-mo windows, closed sales
5.3%/yr
Turnover rate
about 7 of 131 homes trade a year
Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by newness and size more than anything else. This is a young pocket of Watergrass, built between 2020 and 2023, with a median home just over 2,400 square feet and a median around $467,000, or roughly $203 per square foot. When homes are this close in age and layout, condition and lot position do most of the work separating one sale from the next.

The current posture favors a patient buyer. The median home is taking just over 100 days to sell, and prices are down 7.8% year over year, so sellers no longer set the terms. If you are buying, that combination gives you room to negotiate and time to inspect. If you are selling, expect to price to the current market and wait — the days-on-market figure is not a fluke on this small a sample.

Watergrass Prcl E-3 Housing Pulse · Momentum Research · as of July 15, 2026

Watergrass Prcl E-3 right now

🟡 Off the recent peak. The trailing-12-month median ($475K) is down 3.7% from the prior 12 months ($493K). With about 7 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: Medium (7 and 7 sales in the two windows).

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

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Watergrass Prcl E-3 Housing Pulse · Momentum Research · as of July 15, 2026

Watergrass Prcl E-3 right now

🟡 Off the recent peak. The trailing-12-month median ($475K) is down 3.7% from the prior 12 months ($493K). With about 7 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: Medium (7 and 7 sales in the two windows).

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

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

Watergrass Prcl E-3 market snapshot (as of July 15, 2026): the median sale price is about $475K ($205 per sq ft over the trailing 12 months of closed sales), and a median 108 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).

Watergrass Prcl E-3 is a community of 131 homes in Wesley Chapel, Pasco County, built between 2020 and 2023 (median 2022), with a median living area of about 2,420 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Watergrass Prcl E-3 is a small, newer section of Wesley Chapel in Pasco County — 131 homes, most built in the last several years, with a strong share held as primary residences rather than rentals or flips.

Best for

  • Buyers who want a nearly-new home and don't want to compete in a fast-moving market
  • Buyers with time to shop comps and negotiate on price and terms
  • Long-horizon owner-occupants planning to hold, given the high primary-residence share

Probably not for

  • Sellers who need a quick close, given a median over 100 days on market
  • Buyers counting on short-term price appreciation in a market down year over year
  • Buyers wanting older or established housing stock rather than 2020-2023 construction

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 ($475K) IS the median in the snapshot above, and the move from 2025 ($493K) IS the -3.7% one-year change.

Windows contain 6 to 9 sales each (7 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.

Every sale since 2022 · price vs size
$0$250K$500K$750K2k2k2k3k
36 closed sales; green = recent. Size sets the floor, condition and lot set the rest.

If we were buying in Watergrass Prcl E-3 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 Watergrass Prcl E-3.

Best Buy
Buyers who want newer construction and are willing to negotiate patiently.
Biggest Risk
Thin sales volume means the median is noisy and can mislead on any single home.
Sweet Spot
A well-kept home near the 2,400-square-foot median, priced to current comps.
Avoid If
You need to sell quickly or expect fast price gains.

A young section in a slower market

The tell here is the mix of new construction and thin turnover. With the housing stock built from 2020 to 2023 and only 8 closings in the window, individual sales carry a lot of weight in the medians — one unusual home can move the numbers. Treat the $467,000 median and the $203-per-square-foot figure as a center of gravity, not a ceiling or a floor, because condition and lot differences drive a wide spread around it.

The homestead share sitting near 78% matters for stability. A section where most homes are owner-occupied tends to see fewer distressed or investor-driven sales, which is part of why the days-on-market reading is long rather than volatile. Sellers here are choosing when to list, not forced to, and that shapes how negotiations go.

The location and the amenities are priced into every listing in Watergrass Prcl E-3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.8B- · Buy Score
Recent Direction5.1/10
Owner Commitment7.8/10
Pricing Power7.5/10

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 (6.8). Basis: Recent Direction -3.7% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 96.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

On a small, newer section like this, the published median can mislead — 8 closings is not enough to smooth out condition and lot differences. We read the individual comps, not just the average, so you know whether a given home is priced to the market or to the seller's hope. In a market that is down year over year and slow to move, that difference is what protects your money on both sides of the table.

Watergrass Prcl E-3 in 15 seconds.

Best forBuyers who want newer construction and are willing to negotiate patiently.
Biggest advantageA slower market and softening prices give buyers real leverage.
Biggest riskThin sales volume means the median is noisy and can mislead on any single home.
Sweet spotA well-kept home near the 2,400-square-foot median, priced to current comps.
Avoid ifYou need to sell quickly or expect fast price gains.

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 Watergrass Prcl E-3 sales matched to your home.

What is your Watergrass Prcl E-3 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Watergrass Prcl E-3?
The median sale price in Watergrass Prcl E-3 was $475K over the 12 months ending July 15, 2026 (7 closed sales, Stellar MLS).
How long do homes in Watergrass Prcl E-3 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 108 days on market (7 sales, Stellar MLS).
How many homes are in Watergrass Prcl E-3?
The Florida DOR 2025 assessment roll shows 131 homes in Watergrass Prcl E-3 (public records).
What share of Watergrass Prcl E-3 is owner-occupied?
78% of Watergrass Prcl E-3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Watergrass Prcl E-3 built?
Homes in Watergrass Prcl E-3 were built between 2020 and 2023, with a median year built of 2022 (FL DOR 2025 roll).
Do cash buyers compete in Watergrass Prcl E-3?
Cash buyers took 38% of Watergrass Prcl E-3 sales in the 12 months ending June 2026 (3 of 8 closings, Stellar MLS).
Who is the best real estate agent for Watergrass Prcl E-3?
The best agent for Watergrass Prcl E-3 is one who actively works Wesley Chapel 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 Watergrass Prcl E-3.
How do I find a top Wesley Chapel real estate agent who knows Watergrass Prcl E-3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Watergrass Prcl E-3 and the wider Wesley Chapel area.
Can Momentum Realty connect me with an agent for Watergrass Prcl E-3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Watergrass Prcl E-3 purchase or sale - no call center and no pressure.
Buyers who want a nearly-new home and don't want to compete in a fast-moving marketExcellent fit
Buyers with time to shop comps and negotiate on price and termsExcellent fit
Long-horizon owner-occupants planning to hold, given the high primary-residence shareExcellent fit
Sellers who need a quick close, given a median over 100 days on marketProbably not
Buyers counting on short-term price appreciation in a market down year over yearProbably not
Buyers wanting older or established housing stock rather than 2020-2023 constructionProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33545))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (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.

Windows contain 6 to 9 sales each (7 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.

Every sale since 2022 · price vs size
$0$250K$500K$750K2k2k2k3k
36 closed sales; green = recent. Size sets the floor, condition and lot set the rest.

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33545))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (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.

Own a home here?

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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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