Pembroke Pines home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Pembroke Pines rose by $83,500 while total sales increased by 14.5%, according to BlockShopper.com.

In September 2020, there were 293 homes sold, with a median sale price of $328,500 - a 34.1% increase over the $245,000 median sale price for the same period of the previous year. There were 256 homes sold in Pembroke Pines in September 2019.

The median sales tax in Pembroke Pines for the most recent year with available data, 2017, was $2,782, approximately 0.8% of the median home sale price for September 2020.

The following table compares Pembroke Pines to other Broward County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Fort Lauderdale3893559.6%$382,000$324,20017.8%
Coral Springs22820312.3%$375,000$325,00015.4%
Pompano Beach (unincorporated)20-$355,000$0-
Miramar156171-8.8%$350,000$290,00020.7%
Plantation19714833.1%$330,000$264,50024.8%
Pembroke Pines29325614.5%$328,500$245,00034.1%
Hillsboro Beach11757.1%$318,000$326,000-2.5%
Davie15812724.4%$312,500$273,45014.3%
Hollywood2922804.3%$312,000$278,95011.8%
Oakland Park11610213.7%$264,000$217,25021.5%
Dania Beach4456-21.4%$261,239.50$239,5009.1%

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