Is Pembroke Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembroke Park is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Pembroke Park has remained a Seller's Market.

Key Takeaway

Pembroke Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Pembroke Park, FL cost?

Median Sold Price

$245,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$30,000(+14.0%)

Key Takeaway

Homes in Pembroke Park have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$85K
N/A
2 $185K$245K
+32.4%
3 $242.4K$275K
+13.4%
4 $480K$305K
-36.5%
5+ $417.2K-
N/A

Median Sold Price Compared To Nearby Cities

Hollywood
+22.9%
Hallandale Beach
+21.9%
Hallandale
+21.7%
West Park
+16.8%
Pembroke Park
+14.0%

How many homes are available in Pembroke Park, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
1310-23.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 32
-33.3%
2 56
+20.0%
3 52
-60.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pembroke Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
34 Days3 Days-91.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pembroke Park are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Pembroke Park, FL

Pembroke Park, FL has 10 homes for sale to choose from. In November 2022 in Pembroke Park, FL there were 23.1% less homes for sale than in October 2022. Listings spent 3 days on the market in November 2022, and had a median list price of $245,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 32.4% more expensive, 3 bedrooms properties became 13.4% more expensive, prices of 4 bedrooms properties went down by 36.5%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 33.3%, 2 bedrooms homes inventory increased by 20%, number of 3 bedrooms homes decreased by 60%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. Pembroke Park, FL housing market in November 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.

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