$3,527 Closing Credit*
$297,000
950 SqFt
2 Beds
•2 Full Baths
Liliana Arce, Listing Office: Lifestyle International Realty
Is Pembroke Park, 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, Pembroke Park was a Buyer's Market.
Key Takeaway
Pembroke Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pembroke Park, FL
How much do homes in Pembroke Park, FL cost?
Median Sold Price
$294,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$154,970(+111.5%)
Key Takeaway
Homes in Pembroke Park have sold for 111.5% more than they did a year ago.
Summary: The median home sold price in Pembroke Park was $294,000 in November 2024, up 111.5% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | - | N/A |
| 2 Bedrooms | $117.7K | $238.5K | +102.5% |
| 3 Bedrooms | $425K | $313.5K | -26.2% |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pembroke Park 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 102.5%, 3 bedroom homes decreased by 26.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pembroke Park | $139K | $294K | +111.5% |
| West Park | $410K | $448.5K | +9.4% |
| Hollywood | $460.7K | $483.1K | +4.9% |
| Hallandale | $329K | $303.6K | -7.7% |
| Hallandale Beach | $329.9K | $304.5K | -7.7% |
Housing Supply in Pembroke Park, FL
How many homes are available in Pembroke Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Pembroke Park real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pembroke Park 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 increased by 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pembroke Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Pembroke Park in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pembroke Park, FL
How long does it take to sell a home in Pembroke Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 134 Days | 14 Days | -89.6% |
Summary: Homes in Pembroke Park had an average of 14 days on market in Nov 2024, down by 89.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pembroke Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Pembroke Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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