Published October 18, 2026 in Market Update

Pembroke Pines sales rose even with higher mortgage rates

By Elizabeth Costa

Real estate, Pembroke Pines

Rates are up. Sales are up too. That's the short version of what happened in Pembroke Pines this period. Miami Realtors reported mortgage rates rose to 7.46% in October 2026. That's the highest they've been in years. Even so, buyers kept showing up.

More sales with fewer homes available tells you demand held up. The Real Estate Data Aggregator counted 1,634 homes for sale across Pembroke Pines in the three months ending August 31, 2026. That's down 22.2% from a year earlier. Fewer choices, and buyers are still buying.

Rates climbed, but Broward kept moving

Miami Realtors reported that mortgage rates rose to 7.46% in October 2026. Realtor.com noted rates climbed above 7% for the first time since January 2025. That's real pressure on monthly payments. Still, the sales count here went the other way.

Miami Realtors also reported that Broward single-family home sales at $1 million and up rose year over year, from 176 to 180, in September 2026. That's a small move, but it shows the upper end didn't freeze either.

Not every ZIP tells the same story

The city-wide number is encouraging. But the ZIP code data shows real differences. Some areas moved faster. Some saw prices dip. Here's how each ZIP broke down in the three months ending August 31, 2026, per the Real Estate Data Aggregator.

Where things moved fastest

ZIP 33028 had the tightest supply. The Real Estate Data Aggregator counted just 2.4 months of supply there, down 2.4 months from a year earlier. Sales rose 32.1% year over year. The median sale price was $729,500, up 4.2%.

ZIP 33023 saw the biggest jump in the share of homes going under contract within two weeks. The Real Estate Data Aggregator put that figure at 33.7%, up 16.6 points from a year ago. Sales there rose 30.8% year over year, the largest sales gain of any ZIP in this period.

Where it was slower

ZIP 33025 is the one area where the story is softer. The Real Estate Data Aggregator shows the median sale price there fell 12.2% year over year to $360,000. Homes sold dropped 9.9%. Days on market rose 10 days. Months of supply sits at 7.1, the highest of any ZIP in Pembroke Pines this period. Sellers there are working harder for each deal.

ZIP 33027 also saw the median price fall, down 15.8% to $389,500. Sales were off 7.7%. Days on market held at 92, unchanged from a year ago. Months of supply did improve though, dropping 1.2 months year over year to 5.8.

What the broader picture adds

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. That's a slower national pace than what several Pembroke Pines ZIPs are showing. The national number gives context, but it doesn't describe your street.

Miami Realtors reported that Miami-Dade recorded 24 home sales of $30 million or more through September 2026, already breaking the full-year 2025 record. That's a different price tier, but it signals that South Florida demand runs across the range.