Is Central Pasco, 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, 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
$416,464
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Central Pasco has remained the same since last year.
Summary: The median home sold price in Central Pasco was $416,464 in April 2024, down 0.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.7K | $185K | +287.4% |
| 2 Bedrooms | $305K | $305.9K | 0.3% |
| 3 Bedrooms | $369.9K | $362.2K | -2.1% |
| 4 Bedrooms | $496.5K | $491K | -1.1% |
| 5+ Bedrooms | $650K | $649.9K | 0% |
Summary: Central Pasco housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 287.4%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| San Antonio | $340K | $367.6K | +8.1% |
| Dade City | $325K | $335.7K | +3.3% |
| Wesley Chapel | $415.9K | $420.2K | +1.0% |
| Central Pasco | $418.2K | $416.4K | -0.4% |
Housing Supply in Central Pasco, FL
How many homes are available in Central Pasco, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,320 | 1,325 | 0.4% |
Summary: The Central Pasco real estate market had 1,325 homes for sale in April 2024, a 0.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 133 | 149 | +12.0% |
| 3 Bedrooms | 550 | 536 | -2.5% |
| 4 Bedrooms | 436 | 422 | -3.2% |
| 5+ Bedrooms | 195 | 213 | +9.2% |
Summary: The Central Pasco housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 9.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 282 | 269 | -4.6% |
Asking Price vs. Sold Price
147 Homes Were Sold
Under Asking
103 Homes Were Sold
At Asking
19 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. 54.6% of homes here sold below asking price last month.
Summary: A total of 269 homes were sold or pending in Central Pasco in April 2024, down by 4.6% month-over-month. Of the 269 sold homes, 55% were sold under asking, 38% were sold at asking, and 7% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 50 Days | +4.9% |
Summary: Homes in Central Pasco had an average of 50 days on market in Apr 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
133 Homes Were Sold
Under 30 Days
86 Homes Were Sold
In 30 - 90 Days
50 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 April 2024, 269 homes were sold in Central Pasco; 49% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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