Is Pasadena, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pasadena has remained a Seller's Market.
Key Takeaway
Pasadena is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pasadena, FL
How much do homes in Pasadena, FL cost?
Median Sold Price
$435,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pasadena have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Pasadena was $435,000 in April 2024, up 7.4% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $260K | +78.1% |
| 2 Bedrooms | $315K | $322.5K | +2.4% |
| 3 Bedrooms | $480K | $502.5K | +4.7% |
| 4 Bedrooms | $500K | $616.2K | +23.3% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Pasadena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Live Oak | $340K | $404.5K | +19.0% |
| Eagle Crest | $440K | $499K | +13.4% |
| Pasadena | $405K | $435K | +7.4% |
Housing Supply in Pasadena, FL
How many homes are available in Pasadena, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Pasadena real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pasadena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pasadena, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pasadena in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Pasadena, FL
How long does it take to sell a home in Pasadena, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 51 Days | -19.6% |
Summary: Homes in Pasadena had an average of 51 days on market in Apr 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pasadena are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Pasadena; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.