Is Central Pasco, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Central Pasco has remained a Seller's Market.
Key Takeaway
Central Pasco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Pasco, FL
How much do homes in Central Pasco, FL cost?
Median Sold Price
$421,408
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Central Pasco have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Central Pasco was $421,408 in June 2024, up 2.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | $185K | +306.6% |
| 2 Bedrooms | $309.9K | $309.5K | -0.1% |
| 3 Bedrooms | $361.2K | $359.9K | -0.3% |
| 4 Bedrooms | $485.8K | $495.2K | +1.9% |
| 5+ Bedrooms | $646K | $631K | -2.3% |
Summary: Central Pasco housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 306.6%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| San Antonio | $345K | $385.6K | +11.8% |
| Wesley Chapel | $409.4K | $431.7K | +5.4% |
| Central Pasco | $410K | $421.4K | +2.8% |
| Dade City | $329.9K | $334.9K | +1.5% |
Housing Supply in Central Pasco, FL
How many homes are available in Central Pasco, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1,870 | 1,753 | -6.3% |
Summary: The Central Pasco real estate market had 1,753 homes for sale in June 2024, a 6.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 198 | 164 | -17.2% |
| 3 Bedrooms | 779 | 706 | -9.4% |
| 4 Bedrooms | 583 | 587 | +0.7% |
| 5+ Bedrooms | 308 | 295 | -4.2% |
Summary: The Central Pasco housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 507 | 379 | -25.2% |
Asking Price vs. Sold Price
189 Homes Were Sold
Under Asking
159 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Pasco, you may be able to get a good deal. 49.9% of homes here sold below asking price last month.
Summary: A total of 379 homes were sold or pending in Central Pasco in June 2024, down by 25.2% month-over-month. Of the 379 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for Central Pasco, FL
How long does it take to sell a home in Central Pasco, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +36.5% |
Summary: Homes in Central Pasco had an average of 48 days on market in Jun 2024, up by 36.5% compared to last year.
Breakdown of Home Sale Times
200 Homes Were Sold
Under 30 Days
122 Homes Were Sold
In 30 - 90 Days
57 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Pasco are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 379 homes were sold in Central Pasco; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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