Published November 1, 2026 in Market Update

Pembroke Pines inventory fell 22.2% even as sales rose 8.8%

By Elizabeth Costa

Real estate, Pembroke Pines

Here's the number that matters most right now: inventory in Pembroke Pines fell 22.2%, yet sales still rose 8.8%. That combination tells homeowners that buyers are active. It tells buyers that choices are shrinking and waiting costs you options.

The Real Estate Data Aggregator counted 1,054 homes sold across Pembroke Pines in the three months ending August 31, 2026. That's up 8.8% from the same three months in 2025. At the same time, homes for sale dropped to 1,634, down 22.2%. Buyers were still closing deals even as the shelf got shorter.

Miami Realtors reported that mortgage rates reached 7.46% in September 2026. Nationally, Realtor.com noted rates climbed above 7% for the first time since January 2025. Higher rates slow some buyers. But the pending sales count of 1,102 in Pembroke Pines, up 2.1% year over year per the Real Estate Data Aggregator, shows demand held.

What the ZIP codes show

Not every part of Pembroke Pines moved the same way. The Real Estate Data Aggregator breaks the city into eight ZIP codes. The differences are real and matter if you're pricing a home or making an offer.

ZIP 33028 in Pembroke Pines had just 2.4 months of supply, down 2.4 months from a year before, per the Real Estate Data Aggregator. Homes for sale there fell 32.2%. Sales rose 32.1%. That's the tightest pocket in the city.

ZIP 33029 posted a median sale price of $782,500, up 9.4% year over year. The Real Estate Data Aggregator also shows that 21.9% of homes there went under contract within two weeks of listing, up 10.8 points from 2025.

ZIP 33026 moved faster than most. The Real Estate Data Aggregator put median days on market at 60, down 32 days from a year before. Sales rose 26.4%. Inventory fell 22.1%.

Where the picture is softer

Two ZIP codes ran against the city trend. In 33027, the Real Estate Data Aggregator shows the median sale price fell 15.8% to $389,500. Sales dropped 7.7%. Days on market held at 92, unchanged from a year ago. Supply sits at 5.8 months.

In 33025, the median sale price fell 12.2% to $360,000. The Real Estate Data Aggregator counted 136 homes sold, down 9.9%. Days on market rose 10 days to 91. Supply is 7.1 months, the highest in the city. Pending sales fell 16%.

Speed to contract is rising across most of the city

The Real Estate Data Aggregator tracks how many homes go under contract within two weeks of listing. In ZIP 33023, that share was 33.7%, up 16.6 points from a year ago. In 33332, it was 26.9%, up 12.1 points. Even in 33024, it rose 11.4 points to 22.3%.

Nationally, Realtor.com reported that 20.8% of listings took price cuts in September 2026, the highest share since October 2022. Pembroke Pines's rising speed-to-contract numbers run counter to that national trend in most ZIP codes.

What this means for you

If you own a home in Pembroke Pines, fewer competing listings is generally good news for pricing. But 33025 and 33027 show that not every address benefits equally. Price and location still decide how fast a home moves.

If you're buying, 1,634 homes for sale is 22.2% fewer than a year ago. The Federal Housing Finance Agency reported U.S. house prices rose 2.4% year over year through August 2026. Waiting has a cost.