Foreclosures in Pembroke Pines, FL

Current Market Conditions in Pembroke Pines, FL

Currently, Pembroke Pines is experiencing a seller's market with rising home prices due to high demand and limited inventory. This trend has made it a competitive environment for homebuyers, prompting many to act swiftly when properties are listed.

The area has seen significant growth in new developments and housing projects, resulting in a variety of options for potential homeowners. Properties are moving quickly, often with multiple offers.

Investors are drawn to Pembroke Pines due to its strong rental market and potential for appreciation. The city's continued development and proximity to major employment hubs enhance its appeal for both buyers and renters.

Rent Prices In Pembroke Pines, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pembroke Pines, FL, is on a rollercoaster ride. The average rent price in Pembroke Pines, FL, is $2,013.00. Indeed, when looking to rent in Pembroke Pines, FL, you can expect to pay as little as $770.00 or as much as $7,120.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Pembroke Pines, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.