Pembroke Pines housing market tightens with sharp sales drop. Here’s what to know
.jpg "Sales of single-family homes, condos and townhouses all fell in Pembroke Pines from February 2025 to 2026, data shows.")
Single-family home sales in Pembroke Pines fell sharply in February 2026 even as inventory shrank, squeezing buyers into a sellers’ market, according to data from the MIAMI Association of Realtors.
The local dip came while Broward County’s broader market stayed mostly flat.
FULL STORY: Pembroke Pines navigates sellers’ market as home supply drops, new data shows
Here are key takeaways:
- Pembroke Pines closed just 54 single-family home sales in February 2026, a 24% drop from the year before, while active inventory fell 29% year-over-year. That leaves a three-month supply of homes at the current sales pace.
- Despite the tight inventory, Pembroke Pines median single-family home prices saw no significant change from February 2025 to 2026. The median sales price sits at $663,000, above Broward County’s $620,000 median.
- Condo and townhome sales in Pembroke Pines dropped 7% year-over-year in February, though prices rose. The median cost for condos and townhomes sold was $242,000, below the $270,000 Broward County median.
- Across Broward County, total active listings fell 7.5% year-over-year to 15,764, according to the MIAMI Association of Realtors. Home sales over $1 million jumped 20%.
- New residents may be fueling demand. Driver’s license exchanges in Broward rose 6% in 2025, with former Californians, Georgians and Virginians leading the influx, according to data obtained by the realtor association.
- MIAMI Realtors Chief Economist Gay Cororaton said she expects “South Florida’s million-dollar segment to hold up remarkably well because of the acceleration in wealth migration from high-tax states, the high cash transactions in this segment and the increased diversification of high-net-worth individuals into real estate.”
This report was produced with the assistance of a proprietary tool powered by artificial intelligence and using our own originally reported, written and published content. It was reviewed and edited by our journalists.
This story was originally published March 23, 2026 at 5:10 AM.