$5,878 Closing Credit*
$495,000
1,076 SqFt
3 Beds
•2 Full Baths
Carol Giovannoni, Listing Office: RE/MAX PREFERRED
Is Pasadena, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pasadena was a Seller's Market.
Key Takeaway
Pasadena is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pasadena, FL
How much do homes in Pasadena, FL cost?
Median Sold Price
$448,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,000(+3.0%)
Key Takeaway
Homes in Pasadena have sold for 3% more than they did a year ago.
Summary: The median home sold price in Pasadena was $448,000 in November 2024, up 3% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $333K | +128.1% |
| 2 Bedrooms | $321K | $340K | +5.9% |
| 3 Bedrooms | $480K | $497K | +3.5% |
| 4 Bedrooms | $607.5K | $680K | +11.9% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: Pasadena housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 128.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.
Housing Supply in Pasadena, FL
How many homes are available in Pasadena, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 37 | +42.3% |
Summary: The Pasadena real estate market had 37 homes for sale in November 2024, a 42.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 11 | 17 | +54.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pasadena housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were 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 November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 48 Days | +168.9% |
Summary: Homes in Pasadena had an average of 48 days on market in Nov 2024, up by 168.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pasadena has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Pasadena; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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