Pembroke Pines Real Estate Market Update – August 2009 News

(July 2009 Year-to-Date data)

Single-Family Homes

There are currently 811 Available Homes in Pembroke Pines, Florida. 167 of these properties are New Homes that have been Listed for Sale. The Average List Price for a Home in Pembroke Pines is $302,505. July's monthly data shows a slight Decline in the Average List Price. 237 Homes went Under Contract and 560 Homes have been Sold this year. The Average Sale Price for a Home in Pembroke Pines is $257,805, which means this what a typical Buyer is willing to Purchase for a Home in this western suburban area of Broward County. July's monthly data shows a good Increase in the Average Sale Price; therefore, more Buyers are Paying more for their Homes according to Market Trends. However, due to the volatile Economy & Market Conditions, Overall, Pembroke Pines Homes have lost 39.5% of it's Home Value since Last Year. 95.3% of the Homes that are for Sale in Pembroke Pines will be Sold at or near the recommended Listed Price. Pembroke Pines Homes for Sale are averaging about 102 Days on the Market.

Condos, Villas & Townhomes

There are currently 1,047 Available Condos, Villas & Townhomes in Pembroke Pines, Florida. 161 of these properties are New Condos, Villas & Townhomes that have been Listed for Sale. The Average List Price for a Condo, Villa & Townhome in Pembroke Pines is $121,167. July's monthly data shows a decline in the Average List Price. 205 of these Condos, Villas & Townhomes went Under Contract and 511 Condos, Villas & Townhomes have been Sold this year. The Average Sale Price for a Condo, Villa & Townhome is $93,206, which means this what a typical Buyer is willing to Purchase for a Condo, Villa & Townhome in this western suburban area of Broward County. July's monthly data shows stability in the Average Sale Price. However, due to the volatile Economy & Market Conditions, Overall, Pembroke Pines Condos, Villas & Townhomes have lost 29.4% of it's Home Value since Last Year. 94.2% of the Condos, Villas & Townhomes that are for Sale in Pembroke Pines will be Sold at or near the recommended Listed Price. Pembroke Pines Condos, Villas & Townhomes for Sale are averaging about 103 Days on the Market.

Would you like to Find Out What Your Pembroke Pines Home is Worth in Today's Market? Call Me or Contact Me via my website and click the link "Contact Me"..

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Disclaimer: The information in this blog is supplied by Realtor Association of Miami-Dade County, MLS and their MLS reciprocal partners, other various sources, agent opinions and is subject to change without notice. The data is deemed reliable but not guaranteed and is subject to errors, omissions or revisions and is not warranted. I, nor my broker, do not provide any warranties of any kind, either expressed or implied, nor do we assume responsibility or liability for the accuracy of any opinions and information in this blog. This blog is for educational purposes.

Copyright 2009 By Inga Ward. All Rights Reserved. Information on this blog may not be copied or used without permission.