Is Pasadena, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pasadena is a seller's market

Buyer's
Market

Difference Since December 2020

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.

How much do homes in Pasadena, TX cost?

Median Sold Price

$209,987

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$24,987(+13.5%)

Key Takeaway

Homes in Pasadena have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $67.5K$79.5K
+17.8%
2 $135K$155K
+14.8%
3 $175K$199K
+13.8%
4 $234K$253.3K
+8.3%
5+ $291.5K$360K
+23.5%

Median Sold Price Compared To Nearby Cities

Taylor Lake Village
+26.7%
La Porte
+16.2%
Southeast Harris
+13.6%
Pasadena
+13.5%
Deer Park
+12.0%

How many homes are available in Pasadena, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
245228-6.9%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 14
+300.0%
2 2126
+23.8%
3 136126
-7.4%
4 7558
-22.7%
5+ 1214
+16.7%

Number of Homes Sold

Nov 2021Dec 2021%
6667+1.5%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pasadena, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
23 Days17 Days-25.4%

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pasadena are selling fast, if you're buying plan to act quickly.

About Pasadena, TX

Homes for sale in Pasadena, TX have reached 228. In December 2021 in Pasadena, TX there were 6.9% less homes for sale than in November 2021. In December 2021, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $209,987. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties prices increased by 17.8%, 2 bedrooms properties prices increased by 14.8%, 3 bedrooms properties prices increased by 13.8%, 4 bedrooms properties prices increased by 8.3%, prices of 5 bedrooms properties increased by 23.5%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 300%, 2 bedrooms homes became 23.8% more available, 3 bedrooms homes became 7.4% less available, number of 4 bedrooms homes decreased by 22.7%, number of 5 bedrooms homes increased by 16.7%. Over 24 listings were sold over their listed price in December 2021 in Pasadena, TX. In the same period over 29 listings were sold below the listed price and 14 listings were sold for the listed price.

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