Pembroke Pines, FL Market Update for September 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: 49.7%*

Average	July 2007	August 2007	% Change
Asking Price	$329,636	$268,229	-18.6%
Sales Price	$315,002	$254,124	-19.3%
% of Asking Price	96%	95%	-1.0%
$/SQFT	$183	$172	-6.0%
Days on Market	109	85	-22.0%
Total Transactions	114	89	-21.9%

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 10/25/2007: 2,781 properties on the market with 1,383 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.