$44 Closing Credit*
$3,700
1,310 SqFt
3 Beds
•1 Full Bath
Catalina Milian, Listing Office: EXP Realty LLC
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 November 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
$518,582
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,082(+11.9%)
Key Takeaway
Homes in Miramar-Pembroke Pines have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Miramar-Pembroke Pines was $518,582 in November 2024, up 11.9% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $175K | 0.0% |
| 2 Bedrooms | $280K | $285K | +1.8% |
| 3 Bedrooms | $494.5K | $530.3K | +7.2% |
| 4 Bedrooms | $666.8K | $699.5K | +4.9% |
| 5+ Bedrooms | $884.5K | $960K | +8.5% |
Summary: Miramar-Pembroke Pines housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Miramar-Pembroke Pines | $463.5K | $518.5K | +11.9% |
| Pembroke Pines | $450K | $501.3K | +11.4% |
| Cooper City | $629K | $682.5K | +8.5% |
| Miramar | $502K | $542.4K | +8.1% |
| Miami Gardens | $445.2K | $479.7K | +7.7% |
Housing Supply in Miramar-Pembroke Pines, FL
How many homes are available in Miramar-Pembroke Pines, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,301 | 1,358 | +4.4% |
Summary: The Miramar-Pembroke Pines real estate market had 1,358 homes for sale in November 2024, a 4.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 124 | 129 | +4.0% |
| 2 Bedrooms | 429 | 457 | +6.5% |
| 3 Bedrooms | 383 | 391 | +2.1% |
| 4 Bedrooms | 239 | 249 | +4.2% |
| 5+ Bedrooms | 126 | 132 | +4.8% |
Summary: The Miramar-Pembroke Pines housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 134 | -22.1% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
14 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. 71.6% of homes here sold below asking price last month.
Summary: A total of 134 homes were sold or pending in Miramar-Pembroke Pines in November 2024, down by 22.1% month-over-month. Of the 134 sold homes, 72% were sold under asking, 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 51 Days | +64.8% |
Summary: Homes in Miramar-Pembroke Pines had an average of 51 days on market in Nov 2024, up by 64.8% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
56 Homes Were Sold
In 30 - 90 Days
20 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 November 2024, 134 homes were sold in Miramar-Pembroke Pines; 43% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 15% 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.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.