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What’s behind a strong home seller’s market in Pembroke Pines? Go inside the numbers

By Produced using AI, based on original work by Olivia Lloyd
Pembroke Pines remains one of Broward County’s most competitive housing markets.
Pembroke Pines remains one of Broward County’s most competitive housing markets. Lesia via Unsplash

Single-family home sales in Pembroke Pines dropped 12% year-over-year in May while the broader Broward County market posted its third straight month of growth.

Tight inventory and rising prices continue to define one of Broward’s most competitive housing markets.

FULL STORY: Home sales dip with tight supply in Pines as Broward sales climb, new data shows

Pembroke Pines had a slower month for single-family home sales in May but posted positive numbers for condo and townhome transactions, according to the MIAMI Association of Realtors.
Pembroke Pines had a slower month for single-family home sales in May but posted positive numbers for condo and townhome transactions, according to the MIAMI Association of Realtors. Allison Beck abeck@coralspringsflnews.com

Here are key takeaways:

  • Broward County saw a 0.9% rise in home sale transactions in May, with single-family sales up 3.24% year-over-year and condo sales down 1.48%, according to the MIAMI Association of Realtors.
  • Pembroke Pines closed just 80 single-family home sales in May, a 12% drop from a year earlier, while prices rose 3% to a median of $688,000 — higher than the $630,000 countywide median.
  • Single-family home supply fell 29% year-over-year in Pembroke Pines, leaving only a three-month inventory and making it one of Broward’s most competitive seller’s markets.
  • MIAMI Realtors + RWorld Chief Economist Gay Cororaton called the rise in million-dollar property sales “phenomenal,” noting it could make 2026 the strongest year since 2021.
  • Broward-MIAMI Realtors President Sophia Allen credited regional growth to “the connectivity between our counties,” pointing to Brightline, Tri-Rail and wealth migration as key drivers of demand.

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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