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Pembroke Pines, FL housing market

city · pembroke-pines-fl

The median sale price in Pembroke Pines, FL was $495K in May 2026, down 14.7% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $505K, firming from $468K across the three months before that. That puts prices 5.0% below the strongest three-month stretch on record here, which ended in Jun 2025 at $532K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $489K for Jun 2026, down 3.0% year over year.

Buyers had 856 homes to choose from in May 2026, down 5.2% year over year (Redfin). At the current sales pace that standing inventory works out to 5.6 months of supply; convention treats four to six months as a balanced market, which puts Pembroke Pines, FL squarely inside it. 222 homes came to market in May 2026, up 10.4% year over year, against 154 closings, up 16.7% year over year. Homes that sold in May 2026 took a median of 74 days to go under contract, 23 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 10% settled above asking, and the average sale landed at 97% of its final list price. 23% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Pembroke Pines, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.

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Sources for Pembroke Pines, FL: Redfin · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.