This report provides a detailed analysis of the new construction, single-family home market in Pasco. We’ll examine how the market has evolved over the past 12 months, 6 months, 3 months, and the most recent 30-day and current month-to-date periods.
By focusing on inventory levels, listing and sales speed, pricing accuracy, and days on market, we’ll uncover where buyer and seller leverage currently stands. Each timeframe is evaluated against the one before it to track shifts in momentum and pricing confidence.
365-Day Snapshot – Baseline Market Conditions
| Metric | Value |
|---|---|
| Total Listings | 494 |
| Listings per Day | 1.35 |
| Homes Sold | 457 |
| Sales per Day | 1.25 |
| Avg. Original Price | $562,107 |
| Avg. Final Price | $538,006 |
| Price Difference (%) | -4.29% |
| Avg. Days on Market (DOM) | 68 |
| Median Days on Market | 87 |
| Buyer Score | 2.80 |
| Seller Score | 7.20 |
Summary: Over the past year, Pasco’s new construction market favored sellers. Inventory turnover was strong, homes sold with moderate discounting (~4%), and time on market was relatively short. This 12-month period serves as the baseline for trend analysis.
180-Day Snapshot – Slowing and Shifting
| Metric | Value |
|---|---|
| Total Listings | 163 |
| Listings per Day | 0.91 |
| Homes Sold | 223 |
| Sales per Day | 1.24 |
| Avg. Original Price | $633,615 |
| Avg. Final Price | $532,869 |
| Price Difference (%) | -15.89% |
| Avg. Days on Market (DOM) | 79 |
| Median Days on Market | 96 |
| Buyer Score | 4.23 |
| Seller Score | 5.77 |
Summary: Compared to the 12-month average, listing activity dropped while sales volume held steady. However, final sales prices dropped more sharply from their original list prices. This suggests sellers became overly ambitious or the market softened slightly. DOM increased, indicating homes took longer to sell. Buyer leverage increased.
90-Day Snapshot – Stabilizing but Slower
| Metric | Value |
|---|---|
| Total Listings | 78 |
| Listings per Day | 0.87 |
| Homes Sold | 73 |
| Sales per Day | 0.81 |
| Avg. Original Price | $625,211 |
| Avg. Final Price | $526,393 |
| Price Difference (%) | -15.81% |
| Avg. Days on Market (DOM) | 94 |
| Median Days on Market | 114 |
| Buyer Score | 3.54 |
| Seller Score | 6.46 |
Summary: Listing activity and sales both declined. Pricing remained similar to the 180-day period, with homes closing at about 84% of their original list price. Days on market rose again, particularly median DOM, which suggests a longer selling process overall. Seller leverage ticked upward slightly, possibly due to reduced inventory.
March 2025 – Last Full Month
| Metric | Value |
|---|---|
| Total Listings | 26 |
| Listings per Day | 0.84 |
| Homes Sold | 16 |
| Sales per Day | 0.52 |
| Avg. Original Price | $507,928 |
| Avg. Final Price | $507,907 |
| Price Difference (%) | 0.00% |
| Avg. Days on Market (DOM) | 137 |
| Median Days on Market | 90 |
| Buyer Score | 4.38 |
| Seller Score | 5.62 |
Summary: March showed a sharp slowdown in sales, but pricing alignment improved dramatically. The average final sales price equaled the original list price. Days on market hit a new high for average DOM, but the drop in median DOM hints that most well-positioned homes sold efficiently, while some long-listed properties dragged up the average.
April 2025 – Current Month-to-Date
| Metric | Value |
|---|---|
| Total Listings | 7 |
| Listings per Day | 0.78 |
| Homes Sold | 2 |
| Sales per Day | 0.22 |
| Avg. Original Price | $543,541 |
| Avg. Final Price | $531,316 |
| Price Difference (%) | -2.25% |
| Avg. Days on Market (DOM) | 166 |
| Median Days on Market | 166 |
| Buyer Score | 4.38 |
| Seller Score | 5.62 |
Summary: With limited activity so far in April, pricing remains tighter than previous periods. Homes are selling within 2.25% of list price. However, time on market has increased substantially, driven by homes that were listed well before the month started. Sales are slow but likely to pick up as spring unfolds.
Market Trend Summary
| Timeframe | Listings/Day | Sales/Day | Avg. DOM | Price Δ (%) | Buyer Score | Seller Score |
|---|---|---|---|---|---|---|
| 365 Days | 1.35 | 1.25 | 68 | -4.29% | 2.80 | 7.20 |
| 180 Days | 0.91 | 1.24 | 79 | -15.89% | 4.23 | 5.77 |
| 90 Days | 0.87 | 0.81 | 94 | -15.81% | 3.54 | 6.46 |
| March 2025 | 0.84 | 0.52 | 137 | 0.00% | 4.38 | 5.62 |
| April 2025 | 0.78 | 0.22 | 166 | -2.25% | 4.38 | 5.62 |
Final Thoughts
The Pasco new construction market is currently in a state of transition. Inventory has slowed from its 12-month highs, and homes are taking longer to sell. However, pricing accuracy has improved, especially in March, which may indicate that builders and sellers have adjusted expectations to meet market conditions.
For Buyers: Now is a window of opportunity. With slightly more leverage and homes staying on the market longer, buyers have time to negotiate—but not too much, as pricing remains relatively firm.
For Sellers: While it’s no longer a red-hot seller’s market, pricing properly and offering homes in move-in-ready condition can still lead to successful outcomes. Listings priced too aggressively are facing extended market times.
As the spring season unfolds, continued monitoring of sales activity and DOM will reveal whether buyer activity strengthens and pushes the market back toward stronger seller conditions.