Pembroke Park median home prices fell by 26.5% in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Pembroke Park fell by $40,500 while total sales increased by 420%, according to BlockShopper.com.

From April through June of 2021, there were 26 homes sold, with a median sale price of $112,500 - a 26.5% decrease over the $153,000 median sale price for the same period of the previous year. There were five homes sold in Pembroke Park in the second quarter of 2020.

The median sales tax in Pembroke Park for the most recent year with available data, 2017, was $1,817, approximately 1.6% of the median home sale price for the second quarter of 2021.

The following table compares Pembroke Park to other Broward County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Sunrise66938374.7%$250,000$220,00013.6%
Dania Beach23914466%$250,000$185,50034.8%
Hallandale Beach685190260.5%$248,000$171,75044.4%
Tamarac67637480.7%$225,000$210,0007.1%
North Lauderdale20612860.9%$218,500$200,0009.3%
Margate40325558%$202,573.71$212,000-4.4%
Coconut Creek44122695.1%$195,000$189,2503%
Deerfield Beach789373111.5%$185,000$165,00012.1%
Lauderhill48326979.6%$118,000$115,0002.6%
Pembroke Park265420%$112,500$153,000-26.5%
Lauderdale Lakes20015132.5%$83,500$74,00012.8%

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