Is Pasadena Hills, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pasadena Hills is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Pasadena Hills has remained a Seller's Market.

Key Takeaway

Pasadena Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pasadena Hills, MO

How much do homes in Pasadena Hills, MO cost?

Median Sold Price

$350,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50,000(+16.7%)

Key Takeaway

Homes in Pasadena Hills have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Pasadena Hills was $350,000 in May 2024, up 16.7% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $150.5K-
N/A
3 $300K$350K
+16.7%
4 $375K$325K
-13.3%
5+ -$515K
N/A

Summary: Pasadena Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pasadena Hills
+16.7%
Normandy Township
-6.7%
Normandy
-15.8%

Housing Supply in Pasadena Hills, MO

How many homes are available in Pasadena Hills, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Pasadena Hills real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 10
-100.0%

Summary: The Pasadena Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pasadena Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pasadena Hills in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pasadena Hills, MO

How long does it take to sell a home in Pasadena Hills, MO?

Average Sale Time

May 2023May 2024CHANGE
6 Days40 Days+566.7%

Summary: Homes in Pasadena Hills had an average of 40 days on market in May 2024, up by 566.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pasadena Hills has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Pasadena Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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