Largo, FL 33773 Real Estate Market Report

ZIP Code: 33773
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed market rates of 6.3% in Largo FL are 0.43% higher than the 5.87% average observed in February 2026, indicating property owners in this market currently hold more favorable financing terms.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator, the median sold price of 360,182, shows recent transaction-level value and suggests current market value is below asking; the median listing price of 384,500 indicates a meaningful spread between seller expectations and completed sales that may signal pricing friction.

2. Liquidity appears muted: the median days on market of 331 points to slower sales velocity and suggests transactions are taking considerably longer to close, which may indicate buyer caution or increased underwriting friction in the current rate environment.

3. Market direction is cautious: price trends are down while market temperature is neutral, which together suggest stabilization with mild downward pressure on prices rather than a rapid market shift.

4. Rental economics are supportive: the median market rent of 2,000 combined with a rent year-over-year trend of up suggests strengthening rent demand even as interest rate pressure is elevated; note current financing context shows 30-year fixed rates at 6.3% versus a 5.87% reference, which may constrain affordability for buyers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Largo, FL 33773 Real Estate Market Report

ZIP Code: 33773
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Liquidity metrics unavailable due to insufficient data quality.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed market rates of 6.3% in Largo FL are 0.43% higher than the 5.87% average observed in February 2026, indicating property owners in this market currently hold more favorable financing terms.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is the primary indicator of market value and recent transaction activity in ZIP 33773; prioritize it over listing prices when setting comps and negotiating offers, as it represents completed market transactions. primary indicator

2. The price year-over-year trend is down, while the market temperature is neutral, which suggests modest downward pressure on sold prices without a clear shift to a one-sided market and may indicate pricing friction rather than a collapse in demand.

3. The median market rent is 1,895, and with the rent year-over-year trend showing up, investors should consider strengthening rental cash flow potential even as sale prices face downward pressure.

4. The interest rate pressure is elevated; current 30-year fixed market rates of 6.3% are 0.43% higher than the 5.87% average observed in February 2026, which may constrain buyer affordability and extend selling timelines — factor financing sensitivity into pricing and marketing strategies.

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Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.