The housing market in Pembroke Pines, Florida, has experienced notable shifts recently, reflecting broader trends in Broward County. Understanding these changes is essential for prospective buyers, sellers, and renters.
Market Overview
As of mid-2026, the median sale price for homes in Pembroke Pines stands at approximately $507,000, marking a 4.3% decrease compared to the previous year. Homes typically receive two offers and remain on the market for about 78 days before selling. This indicates a somewhat competitive market, with buyers having room for negotiation.
Inventory and Sales Trends
The city has seen a decline in housing inventory, leading to a seller’s market. In March 2026, single-family home inventory fell by 23% year-over-year, while condo and townhouse inventory decreased by 10%. Despite this, sales have remained steady, with 82 single-family homes and 83 condos/townhouses sold in March, representing slight increases from the previous year.
Pricing Dynamics
The median price for single-family homes in Pembroke Pines is $668,000, higher than the countywide median of $600,000. Conversely, condos in the city are priced lower, with a median of $260,000 compared to $269,700 across Broward County.
New Developments
In April 2026, the Douglas Gardens Residences at Miami Jewish Health opened, offering 410 affordable housing units for residents aged 55 and up. This development integrates independent living with on-site healthcare services, addressing the needs of the city’s aging population.
Conclusion
While the Pembroke Pines housing market presents challenges such as limited inventory and fluctuating prices, opportunities exist for those who stay informed and adaptable. Whether you’re considering buying, selling, or renting, understanding these trends will help you make informed decisions in this dynamic market.