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July 26, 2007

Pembroke Pines, FL Market Update for June 2007

Here are the latest real estate market statistics for Pembroke Pines, FL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.6%*

Average May 2007 June 2007 % Change
Asking Price $327,674 $313,216 -4.4%
Sales Price $305,987 $299,747 -2.0%
% of Asking Price 93% 96% 3.2%
$/SQFT $188 $190 1.1%
Days on Market 94 104 10.6%
Total Transactions 136 153 12.5%

Search for homes in Pembroke Pines, FL and read a neighborhood overview of the Pembroke Pines, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 2,692 properties on the market with 1,227 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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