REAL-TIME MARKET NUMBERS

Pembroke Pines, FL 33028

Single-Family Homes

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Pembroke Pines, FL 33028

Sat May 10 2025
This week the median list price for Pembroke Pines, FL 33028 is $725,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 62. Click here to stay informed with the Pembroke Pines market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Pembroke Pines, FL 33028

Sat May 10 2025
This week the median list price for Pembroke Pines, FL 33028 is $725,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 62. Click here to stay informed with the Pembroke Pines market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Pembroke Pines market.
Median List Price $725,000
Median Price of New Listings $799,900
Per Square Foot $349
Average Days on Market 89
Median Days on Market 63
Price Decreased 58%
Price Increased 2%
Relisted 10%
Inventory 62
Median Rent
Market Action 37
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,085,000 3,284 0.25 - 0.5 acre 5 3.5 25 1 2 42
$790,000 2,254 6,500 - 8,000 sqft 4 2.5 28 1 1 91
$695,000 2,083 4,500 - 6,500 sqft 4 2.5 27 1 0 63
$633,500 1,713 4,500 - 6,500 sqft 3 2 29 0 1 59