Ari AbdiTampa Bay Luxury · 1 Realty Group LLC
Luxury › Markets › Hillsborough › Odessa › Stillwater Ph 2
Hillsborough County · Pocket report

Stillwater Ph 2, Odessa

3 luxury homes closed in Stillwater Ph 2, Odessa over the last 6 months at a median $2.1M ($416 per square foot), taking a median 118 days to go under contract. Median 118 days to contract — time is on the buyer's side.

Median closing
$2.1M
3 sales · 6 months
Per square foot
$416
median closed
Days to contract
118
median
For sale now
≤1
single-family
Months of supply
—
supply not verified
Sold vs original ask
93%
33% cut price first

If you are selling

Commands 25% more per square foot than Odessa

Stillwater Ph 2 (Odessa) closes at $416/sf against $332/sf for luxury single-family across Odessa. A premium that size is paid for something specific — water, view, block, finish — and a listing that fails to make that case in its first three photographs gives it back.

If you are buying

Median 118 days to contract — time is on the buyer's side

Luxury homes in Stillwater Ph 2 (Odessa) take a median 118 days to go under contract, and 33% of sellers cut price along the way. A listing that has been sitting past that median is the negotiation; one that just came on is not.

Worth knowing

Only 3 closed sales in 6 months — no reliable benchmark

Stillwater Ph 2 (Odessa) does not trade often enough for averages to carry weight. At this price point that is normal and it is exactly why portal estimates are worst here: with 3 comparable sales, the condition, the lot and the finish decide the number, not the median.

How to read this

Every figure above is an aggregate over closed sales in Stillwater Ph 2, Odessa in the 6 months through October 23, 2026, taken from licensed Stellar MLS data. Months of supply is the current number for sale divided by the recent monthly sales pace. "Sold vs original ask" compares the closing price to the price the home was FIRST listed at, which is where overpricing shows up — the final asking price has usually already absorbed the cuts. None of this is an appraisal or a valuation of any particular property.

Nearby luxury pockets

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

Know which listings are already losing the argument.

Tell me what you are looking for. I will send the listings where time, a relist or a flood zone has already moved the leverage to your side — and the ones where it has not.

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