Local

Pembroke Pines starts 2026 with sharp drop in home sales. 5 things to know

By Reporting by Olivia Lloyd. Produced with AI assistance
While Pembroke Pines real estate sales dipped in January year-over-year, analysts remain optimistic about the market.
While Pembroke Pines real estate sales dipped in January year-over-year, analysts remain optimistic about the market. Chris Pietsch/The Register-Guard USA TODAY NETWORK

Home sales in Pembroke Pines fell sharply in January compared to the same month last year, even as the broader Broward County market saw only slight declines.

The data comes from the MIAMI Association of Realtors, whose chief economist still expects momentum to pick up in the months ahead.

FULL STORY: Pembroke Pines home sales lag compared to same time last year, January data shows

While Pembroke Pines real estate sales dipped in January year-over-year, analysts remain optimistic about the market.
While Pembroke Pines real estate sales dipped in January year-over-year, analysts remain optimistic about the market. Matias J. Ocner mocner@miamiherald.com

Here are the highlights:

  • Pembroke Pines recorded 46 single-family home sales in January, an 18% drop from the year before — a steeper decline than Broward County’s overall 1.1% dip in single-family sales.
  • Median home prices in Pines held steady at $652,000, above the county-wide average of $620,000, and homes sold at a median 95% of their original listing price.
  • Inventory remains tight. Analysts found only a three-month supply of homes in the city, keeping it a seller’s market.
  • Broward’s luxury segment bucked the trend: home sales over $1 million rose 14% year-over-year in January, climbing from 184 to 209 transactions. Southwest Ranches and Parkland posted median sales prices of $2.7 million and $1.2 million.
  • MIAMI Realtors Chief Economist Gay Cororaton said “momentum is likely to strengthen in the months ahead as mortgage rates fall further and as wealth migration from New York and California accelerate due to potential tax policy changes.”

The summary points above were compiled with the help of AI tools and edited by journalists in the Pembroke Pines News newsroom. The full story in the link at top was reported, written and edited entirely by Pembroke Pines News journalists.

Read Next