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Pembroke Pines ranks among Broward’s most competitive housing markets. What to know

Pembroke Pines’ residential real estate trends reflect low inventory and mild growth happening in Broward County at large.
Pembroke Pines’ residential real estate trends reflect low inventory and mild growth happening in Broward County at large. Lesia via Unsplash

Pembroke Pines was among the most competitive cities in Broward County for both single-family homes and condos in the first quarter of 2026, driven by shrinking inventory and steady sales.

The city’s tight supply is creating a seller’s market even as prices remain mostly flat.

FULL STORY: Pembroke Pines named hot market for home and condo sales in first quarter of 2026

Pembroke Pines’ residential real estate trends reflect low inventory and mild growth happening in Broward County at large.
Pembroke Pines’ residential real estate trends reflect low inventory and mild growth happening in Broward County at large. Matias J. Ocner mocner@miamiherald.com

Here are key takeaways:

  • Single-family home inventory in Pembroke Pines fell 23% year-over-year in March, while condo and townhouse inventory dropped 10%.
  • The city saw 82 single-family home sales in March, a 2% increase year-over-year, and 83 condo and townhouse sales, a 5% increase.
  • The median single-family home price in Pembroke Pines was $668,000, compared to $600,000 countywide. However, condos were cheaper at $260,000 versus $269,700 across Broward.
  • MIAMI Realtors Chief Economist Gay Cororaton said the region has “a larger presence of high-end cash buyers that make up over half of the market and who are less sensitive to rising mortgage rates.”
  • Sales of Broward properties priced at $1 million and above climbed 7.4% year-over-year, while condo sales in the $500,000 to $600,000 range surged 19.7%.

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.

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