Introduction
The Pembroke Pines housing market has been moving — and the numbers tell an important story for homeowners. Whether you’re thinking of selling, renting, or just keeping an eye on your property’s value, knowing how the market is shifting can help you make smarter decisions.
We’ve put together the latest stats comparing this year vs. last year in Pembroke Pines — and what they mean if you own property here.
👉 Watch the full video below (with a little old-school vibe to it: “It’s Your Thing, Do What You Want To Do” 🎶) or keep reading for the breakdown.
Active Listings ⬇️-18.2% YOY
The number of homes actively listed in Pembroke Pines has decreased compared to last year.
- This Year: 451 listings
- Last Year: 533 listings
💡 What it means: More listings = more competition for sellers. Fewer listings = buyers have less choice, which can drive stronger offers.
Closed Sales ⬇️-10.6% YOY
Closed sales show how many homes are actually selling, not just listed.
- This Year: 66 closed sales
- Last Year: 75 closed sales]
💡 What it means: A dip in closed sales can signal buyers are more cautious (interest rates, affordability). A rise means demand is still strong in Pembroke Pines.
Median Listing Price ⬇️-5.8% YOY
- This Year: $685,000
- Last Year: $725,000
💡 What it means: If listing prices are rising, sellers are aiming higher. If they’re softening, it may be time to price more competitively.
Median Sales Price ⬇️-8.1% YOY
- This Year: $647,750
- Last Year: $700,000
💡 What it means: This is the true measure of what buyers are paying. If sales prices lag behind listing prices, it means buyers are negotiating harder — something sellers need to plan for.
Days on Market ⬆️+16.2% YOY
- This Year: 34 days
- Last Year: 29 days
💡 What it means: Homes are selling [faster / slower] than last year. Longer days on market suggest buyers are being selective, while shorter times mean hot demand.
What This Means for Pembroke Pines Homeowners
If you own property in Pembroke Pines, here’s the bottom line:
- Thinking of Selling? Timing and pricing matter more than ever.
- Considering Renting? Rental demand is still strong, and comparing your rent potential vs. sale value can help you decide.
- Just Curious? Knowing where your home fits into today’s market is the first step toward making an informed decision.
Final Thoughts
The Pembroke Pines market has shifted compared to last year — but opportunity is still out there for both sellers and landlords.
If you’d like to see how these numbers apply to your property specifically, request your free property report in 24 hours or less.
Disclaimer: YOY = Year over Year. All information is deemed reliable but not guaranteed. Data sourced from multiple MLS providers and local Realtor® associations.
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