{"id":80327,"date":"2015-02-03T12:15:32","date_gmt":"2015-02-03T12:15:32","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=80327"},"modified":"2019-04-19T19:58:02","modified_gmt":"2019-04-19T19:58:02","slug":"market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/","title":{"rendered":"Market Snapshot:  Pembroke Pines Is Cooking . . . Zip Code 33028 &#8211; Inventory Is Still Low"},"content":{"rendered":"<p style=\"text-align: justify\"><a href=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/TGChartImage.jpeg\"><img loading=\"lazy\" class=\"alignright  wp-image-80328\" src=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/TGChartImage-1024x853.jpeg\" alt=\"TGChartImage\" width=\"286\" height=\"186\" \/><\/a>Since one year ago, the number of active listings is\u00a0up 150% while the sold properties are\u00a0down\u00a0\u00a011.1%.<\/p>\n<p style=\"text-align: justify\">The pended listings\u00a0are\u00a0down 33.3%. When the PENDED LISTINGS indicator is rising, our market is in recovery. Contracts have been written and are anticipated to close.<\/p>\n<p style=\"text-align: justify\">Average home prices are up 2.5% compared to last year.\u00a0 The price per square foot of a single-family residence, is approximately $160 per square foot \u2013 which is an increase of 8.2% over last year.<\/p>\n<p style=\"text-align: justify\">Part of the reason for the increase of inventory: Homes remain on the market an average of\u00a043 \u00a0days \u2014 an increase of\u00a010.3% over last year.<\/p>\n<p style=\"text-align: justify\">Homes are selling within 96% of their originally listed price.<\/p>\n<p style=\"text-align: justify\">The average listed price in\u00a0<a title=\"Official Website of Pembroke Pines, Florida\" href=\"http:\/\/www.ppines.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pembroke Pines<\/a>,\u00a0zip code 33028\u00a0is $446,000&#8211; a 2.5%\u00a0increase over last year.<\/p>\n<p style=\"text-align: justify\">The average sold price is $404,000 which is a 6.9% increase over last year.<\/p>\n<p style=\"text-align: justify\">Important information: <strong>Months of Inventory<\/strong>.\u00a0 Currently,\u00a0<a title=\"Official website of Pembroke Pines, Florida\" href=\"http:\/\/www.ppines.com\" target=\"_blank\" rel=\"noopener noreferrer\">Pembroke Pines<\/a> (33028) \u00a0is experiencing\u00a03.8 months of inventory which is indicative of a Seller\u2019s market. This is a 187.5%\u00a0increase\u00a0from a year ago. Considering the fact that one year ago the inventory was at 1.3 months, an increase of 187.5% is a welcoming change to buyers.\u00a0 Our inventory has been so incredibly low, that any increase is a good thing.<\/p>\n<p style=\"text-align: justify\">What does Months of Inventory mean? If we did not take one more listing today and sold everything currently listed, it would take 3.8 months to exhaust the listings.<\/p>\n<p style=\"text-align: justify\">It is time to list, time to sell, time to upsize, time to downsize \u2014 money is still inexpensive to borrow.<\/p>\n<p style=\"text-align: justify\">Would you like all this information for yourself?<\/p>\n<p><a href=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/DOWNLOAD-PDF-REPORT-BUTTON-BLUE.png\" target=\"_blank\" rel=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/factsandtrendsreport-33028-020215.pdf noopener noreferrer\"><img loading=\"lazy\" class=\"wp-image-80343 size-medium aligncenter\" src=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/DOWNLOAD-PDF-REPORT-BUTTON-BLUE-300x93.png\" alt=\"DOWNLOAD PDF REPORT BUTTON-BLUE\" width=\"300\" height=\"93\" \/><\/a><a href=\"https:\/\/www.ewmrealestate.com\/blog\/wp-content\/uploads\/2015\/02\/DOWNLOAD-PDF-REPORT-BUTTON-BLUE.png\"><br \/>\n<\/a><\/p>\n<p style=\"text-align: justify\">Consider what is happening nationally:<\/p>\n<p>https:\/\/www.youtube.com\/watch?v=sTnpw_ispsQ<\/p>\n<p style=\"text-align: justify\">Now is the time to sell. As inventories increase, prices will level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since one year ago, the number of active listings is\u00a0up 150% while the sold properties are\u00a0down\u00a0\u00a011.1%. The pended listings\u00a0are\u00a0down 33.3%. When the PENDED LISTINGS indicator is rising, our market is in recovery. Contracts have been written and are anticipated to close. Average home prices are up 2.5% compared to last year.\u00a0 The price per square<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5567,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12269],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Snapshot: Pembroke Pines Is Cooking . . . Zip Code 33028 - Inventory Is Still Low - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Snapshot: Pembroke Pines Is Cooking . . . Zip Code 33028 - Inventory Is Still Low - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Since one year ago, the number of active listings is\u00a0up 150% while the sold properties are\u00a0down\u00a0\u00a011.1%. The pended listings\u00a0are\u00a0down 33.3%. When the PENDED LISTINGS indicator is rising, our market is in recovery. Contracts have been written and are anticipated to close. Average home prices are up 2.5% compared to last year.\u00a0 The price per squareRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-03T12:15:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-19T19:58:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"EWM Realty International\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"EWM Realty International\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/\"},\"author\":{\"name\":\"EWM Realty International\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/f17af62356ac7272bbe5c3e6093c0eff\"},\"headline\":\"Market Snapshot: Pembroke Pines Is Cooking . . . 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Zip Code 33028 - Inventory Is Still Low - BHHS EWM Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/","og_locale":"en_US","og_type":"article","og_title":"Market Snapshot: Pembroke Pines Is Cooking . . . Zip Code 33028 - Inventory Is Still Low - BHHS EWM Realty","og_description":"Since one year ago, the number of active listings is\u00a0up 150% while the sold properties are\u00a0down\u00a0\u00a011.1%. The pended listings\u00a0are\u00a0down 33.3%. When the PENDED LISTINGS indicator is rising, our market is in recovery. Contracts have been written and are anticipated to close. Average home prices are up 2.5% compared to last year.\u00a0 The price per squareRead More","og_url":"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/","og_site_name":"BHHS EWM Realty","article_publisher":"https:\/\/www.facebook.com\/EWMRealtyInternational","article_published_time":"2015-02-03T12:15:32+00:00","article_modified_time":"2019-04-19T19:58:02+00:00","og_image":[{"width":376,"height":376,"url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg","type":"image\/jpeg"}],"author":"EWM Realty International","twitter_misc":{"Written by":"EWM Realty International","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/#article","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/market-snapshot-pembroke-pines-is-cooking-zip-code-33028-inventory-is-still-low\/"},"author":{"name":"EWM Realty International","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/f17af62356ac7272bbe5c3e6093c0eff"},"headline":"Market Snapshot: Pembroke Pines Is Cooking . . . 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