Local

Broward has strongest real estate sales month of 2025. How Pembroke Pines fared

Pembroke Pines posted a 25% increase in closed real estate sales year-over-year in September, signaling a strong market, data shows.
Pembroke Pines posted a 25% increase in closed real estate sales year-over-year in September, signaling a strong market, data shows. mocner@miamiherald.com

The Broward real estate market posted its best sales month in September in a year-over-year comparison, according to data from the Miami Association of Realtors.

Total home sales were up 9% compared to last year, and condo sales were up 6%. Fort Lauderdale pulled in the most closed sales year-to-date overall, followed by Hollywood, Coral Springs, Pembroke Pines and Miramar to round out the top five, which isn’t unexpected since they’re the five most populous cities in the county.

A nearly 27% surge in sales of property over $1 million propelled the growth, although the overall inventory remains below pre-pandemic levels, the data shows.

“Fort Lauderdale and Broward County real estate continue to attract domestic and global homebuyers,” Broward-MIAMI President Larry Singh said.

As mortgage rates are expected to continue to decline in South Florida toward 6%, the real estate market will likely strengthen for the rest of the year and into next year, according to Miami Realtors Chief Economist Gay Cororaton.

Pembroke Pines posted a strong year-over-year closed sales rate, with a 25% increase in sales for a total of 74 closed sales. The median sales prices in September was $663,000, a slight downturn from $675,000 in August.

It’s a buyer’s market for condo seekers, while it’s more balanced for the single-family homes category. Although the Miami Realtors analysts don’t make a distinction between the property types in the city-by-city data, Pembroke Pines on average leans more toward a seller’s market, with a four months supply of inventory.

Pines was named the second-hottest market for single-family homes in Broward at the end of the year’s second quarter.

The “total dollar value” in Broward real estate as a whole jumped 10% in September to $1.1 billion.

Read Next

This story was originally published October 28, 2025 at 8:30 AM.

OL
Olivia Lloyd
Pembroke Pines News
Olivia Lloyd is an Associate Editor/Reporter for the Coral Springs News, the Pembroke Pines News and the Miramar News. She graduated from Northwestern University’s Medill School of Journalism. Previously, she has worked for Hearst DevHub, the South Florida Sun-Sentinel and McClatchy’s Real Time Team.