Is South Pasadena, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, South Pasadena was a Seller's Market.
Housing Prices in South Pasadena, FL
How much do homes in South Pasadena, FL cost?
Median Sold Price
$350,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Pasadena was $350,000 in April 2024, down 10.4% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.9K | $252.5K | +1.0% |
2 Bedrooms | $428.5K | $417.5K | -2.6% |
3 Bedrooms | $652.5K | $675K | +3.4% |
4 Bedrooms | $839.5K | $765K | -8.9% |
5+ Bedrooms | - | - | N/A |
Summary: South Pasadena housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $400.1K | $436.9K | +9.2% |
Saint Pete Beach | $699.9K | $701.6K | 0.2% |
South Pasadena | $390.5K | $350K | -10.4% |
Housing Supply in South Pasadena, FL
How many homes are available in South Pasadena, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 111 | -6.7% |
Summary: The South Pasadena real estate market had 111 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 41 | 39 | -4.9% |
2 Bedrooms | 61 | 58 | -4.9% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Pasadena housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.9%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 13 | -40.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in South Pasadena in April 2024, down by 40.9% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for South Pasadena, FL
How long does it take to sell a home in South Pasadena, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 65 Days | +16.0% |
Summary: Homes in South Pasadena had an average of 65 days on market in Apr 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in South Pasadena; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.