$10,000 Closing Credit*
$1,000,000
2,940 SqFt
4 Beds
•3 Full Baths, 1 Partial
Gabriel Baratto, Listing Office: Coldwell Banker Realty
Is Miramar-Pembroke Pines, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Miramar-Pembroke Pines was a Seller's Market.
Key Takeaway
Miramar-Pembroke Pines is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Miramar-Pembroke Pines, FL
How much do homes in Miramar-Pembroke Pines, FL cost?
Median Sold Price
$513,294
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,970(+11.5%)
Key Takeaway
Homes in Miramar-Pembroke Pines have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Miramar-Pembroke Pines was $513,294 in October 2024, up 11.5% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.5K | $175K | 0.3% |
| 2 Bedrooms | $280K | $284.2K | +1.5% |
| 3 Bedrooms | $490K | $530K | +8.2% |
| 4 Bedrooms | $666.5K | $694K | +4.1% |
| 5+ Bedrooms | $882K | $950.1K | +7.7% |
Summary: Miramar-Pembroke Pines housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Miramar-Pembroke Pines | $460.3K | $513.2K | +11.5% |
| Pembroke Pines | $450K | $498K | +10.7% |
| Miramar | $500K | $540K | +8.0% |
| Miami Gardens | $439.9K | $475K | +8.0% |
| Cooper City | $629K | $678K | +7.8% |
Housing Supply in Miramar-Pembroke Pines, FL
How many homes are available in Miramar-Pembroke Pines, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,221 | 1,332 | +9.1% |
Summary: The Miramar-Pembroke Pines real estate market had 1,332 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 120 | 134 | +11.7% |
| 2 Bedrooms | 380 | 434 | +14.2% |
| 3 Bedrooms | 370 | 390 | +5.4% |
| 4 Bedrooms | 234 | 241 | +3.0% |
| 5+ Bedrooms | 117 | 133 | +13.7% |
Summary: The Miramar-Pembroke Pines housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 13.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 | 143 | -11.7% |
Asking Price vs. Sold Price
99 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miramar-Pembroke Pines, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 143 homes were sold or pending in Miramar-Pembroke Pines in October 2024, down by 11.7% month-over-month. Of the 143 sold homes, 69% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Miramar-Pembroke Pines, FL
How long does it take to sell a home in Miramar-Pembroke Pines, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 51 Days | +79.7% |
Summary: Homes in Miramar-Pembroke Pines had an average of 51 days on market in Oct 2024, up by 79.7% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Miramar-Pembroke Pines are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 143 homes were sold in Miramar-Pembroke Pines; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.