$10,000 Closing Credit*
$989,000
2,733 SqFt
5 Beds
•2 Full Baths, 1 Partial
Jennifer Milmoe, Listing Office: Related ISG Realty, LLC.
Is Pembroke Falls, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pembroke Falls has remained a Seller's Market.
Key Takeaway
Pembroke Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pembroke Falls, FL
How much do homes in Pembroke Falls, FL cost?
Median Sold Price
$850,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+3.0%)
Key Takeaway
Homes in Pembroke Falls have sold for 3% more than they did a year ago.
Summary: The median home sold price in Pembroke Falls was $850,000 in October 2024, up 3% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $647.5K | $655K | +1.2% |
| 4 Bedrooms | $825K | $819K | -0.7% |
| 5+ Bedrooms | $1.0M | $950K | -5.6% |
Summary: Pembroke Falls housing prices by bedroom type for October 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 1.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Pembroke Falls, FL
How many homes are available in Pembroke Falls, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Summary: The Pembroke Falls real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Pembroke Falls housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pembroke Falls, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pembroke Falls in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 40 Days | +202.1% |
Summary: Homes in Pembroke Falls had an average of 40 days on market in Oct 2024, up by 202.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pembroke Falls are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Pembroke Falls; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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