Pembroke Pines home prices rise in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Pembroke Pines rose by $42,000 while total sales decreased by 0.7%, according to

In October 2020, there were 285 homes sold, with a median sale price of $322,000 - a 15% increase over the $280,000 median sale price for the same period of the previous year. There were 287 homes sold in Pembroke Pines in October 2019.

The median sales tax in Pembroke Pines for the most recent year with available data, 2017, was $2,782, approximately 0.9% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Fort Lauderdale48838028.4%$380,000$298,50027.3%
Sea Ranch Lakes41300%$361,500$2,895,000-87.5%
Hillsboro Beach7540%$335,000$400,000-16.3%
Pembroke Pines285287-0.7%$322,000$280,00015%
West Park2228-21.4%$280,000$222,00026.1%
Oakland Park97961%$237,500$175,00035.7%
Fort Lauderdale (unincorporated)1430-53.3%$234,124.50$190,00023.2%

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