Is Pembroke Falls, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembroke Falls is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pembroke Falls was a Neutral Market.

Key Takeaway

Pembroke Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pembroke Falls, FL

How much do homes in Pembroke Falls, FL cost?

Median Sold Price

$845,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+2.4%)

Key Takeaway

Homes in Pembroke Falls have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Pembroke Falls was $845,000 in November 2024, up 2.4% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $638.7K$655K
+2.5%
4 $825K$807.5K
-2.1%
5+ $1.0M$962.5K
-7.5%

Summary: Pembroke Falls 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 did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 7.5%.

Housing Supply in Pembroke Falls, FL

How many homes are available in Pembroke Falls, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3025-16.7%

Summary: The Pembroke Falls real estate market had 25 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 1513
-13.3%
5+ 117
-36.4%

Summary: The Pembroke Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 36.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pembroke Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pembroke Falls in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pembroke Falls, FL

How long does it take to sell a home in Pembroke Falls, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days144 Days+572.1%

Summary: Homes in Pembroke Falls had an average of 144 days on market in Nov 2024, up by 572.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pembroke Falls has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Pembroke Falls; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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