Pembroke Pines, FL
Housing market overview · Updated weekly
$515,000median sale price
Homes sold
91
Last 12 weeks
Days on market
79
Average pace
Active listings
859
9.4 months supply
Sale-to-list
96.3%
Below asking
The Pembroke Pines housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have risen 1.3% compared to last year, with homes spending an average of 79 days on market, indicating 9.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Pembroke Pines?
The median home sale price in Pembroke Pines is $515,000, up 1.3% from last year.
How long do homes stay on market in Pembroke Pines?
Homes typically spend 79 days on market before going under contract.
Is Pembroke Pines a buyer's or seller's market?
With 9.4 months of supply, Pembroke Pines is currently a buyer's market.
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