in Pembroke Park, FL • 2026 Buying Guide
Best Month
September
$132K
Avoid
August
$290K
Potential Savings
$157K
54.3% difference
Market Type
Balanced
4.0 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$263K
N/A YoY
Days on Market
56
median days
Inventory
8
active listings
Sale-to-List Ratio
100.0%
room to negotiate
Jan
$152K
Feb
$148K
Mar
$146K
Apr
$160K
May
$187K
Jun
$166K
Jul
$177K
Aug
$290K
PeakSep
$132K
BestOct
$272K
Nov
$145K
Dec
$175K
Based on historical sales data in Pembroke Park
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Pembroke Park's median price at $263K, a 20% down payment would be approximately $53K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Pembroke Park's housing market, September is typically the best time to buy a condo. During this month, prices average around $132K, which is 54.3% lower than peak prices in August. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Pembroke Park is $263K. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Pembroke Park has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Pembroke Park include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Pembroke Park currently spend an average of 56 days on market. This is typical for a balanced market with reasonable time to make decisions.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Pembroke Park's median price of $263K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Pembroke Park? Our analysis shows that September typically offers the best prices, with homes averaging around $132K. Buying during this time could save you up to $157K compared to peak months like August.
With a median price of $263K and homes spending an average of 56 days on market, Pembroke Park is currently a balanced market. There's currently 4.0 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Working with a local real estate agent who knows Pembroke Park can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in condos.