Pembroke Pines, FL Home Values & Market Trends

Real estate market trends reflect that there have been 2,418 transactions over the past year in Pembroke Pines. The median value for residential home transactions that occurred over the previous year is $506,998.81. The number of current listings in Pembroke Pines is 232, and the percentage of properties for sale in the city is 232.00%. Pembroke Pines, FL currently has 644 properties in foreclosure, 6 bank owned properties, 16 properties headed for auction, and 232 properties for sale.

Pembroke Pines, FL Real Estate Market Overview

ZipMedian Est. Value
33028

$ 797,475

$ 359/sqft

Housing Market Summary for Pembroke Pines, FL

Apr 2023March 2024Change
Median Listing Price$470K$450K-4.26%
Median Sold Price$426.1K$450K5.60%
Homes For Sale14122458.87%
Homes Sold1,6871,564-7.29%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pembroke Pines, FL

Pembroke Pines home values range from $30,516 to $2,365,780. The median estimated value of a home in Pembroke Pines is $506,998.81. The median list price of a home is 292,500, and the total count of properties in the city is 55,095.

Foreclosure
There is 1 zips within Pembroke Pines, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $1,200,296 in 33028 to the lowest value of $425,835 in 33028. Foreclosure homes account for 1.00% of properties in Pembroke Pines, FL with 33028 containing 82 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.13% of all residential properties in Pembroke Pines, FL with 33028 containing 75 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Pembroke Pines, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,200,296 in 33028 to the lowest home value of $425,835 in 33028.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pembroke Pines, FL ranges from the highest value of $1,062,773 in 33028 to the lowest value of $834,861 in 33028. Bank owned homes and properties account for 0.01% of properties in Pembroke Pines, FL. There is 1 zips within Pembroke Pines, FL; 33028 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33028 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Pembroke Pines, FL. Auction homes and other auction properties account for 0.03% of all properties in Pembroke Pines, FL. There is 1 zips within Pembroke Pines, FL; of that zips, the median estimated home value for homes going to auction ranges from $861,963 in 33028 to the lowest value of $449,374 in 33028.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Pembroke Pines, FL with 33028 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Pembroke Pines, FL; homes for sale in that zips, have a range of median values from $980,000 in 33028 to the lowest value of $453,433 in 33028.
    Sold Homes
    The median value for recently sold homes ranges from $1,108,214 in 33028 to the lowest price of $309,660 in 33028. There is 1 zips within Pembroke Pines, FL. 33028 has 178 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.94% of properties in Pembroke Pines, FL.

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      Guide for Pembroke Pines, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.