Pembroke Real Estate Statistics

Pembroke Real Estate Price Trend
Pembroke real estate average sold price in the last 30 days (January 21 - February 19) was $299,434, which is $32,444 (10.8%) lower than the average price of $331,878 in the previous 30 day period (December 22 - January 20), and $9,101 (3.0%) up from the same period 1 year ago ($290,333). Pembroke real estate prices over the last 30 days are also $87,693 (29.3%) higher than the average selling price of $211,741 over the past year.
Pembroke average sold price for homes was $298,909 in the last 30 days (January 21 - February 19), which is $38,556 (12.9%) down from the average home price of $337,465 in the previous 30 day period (December 22 - January 20), and $8,576 (2.9%) higher than the same period 1 year ago ($290,333). In the last 30 days Pembroke the average home price was $87,328 (29.2%) higher than the average selling price of $211,581 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Pembroke real estate was $299,434 in the last 30 days (January 21 - February 19), which is collectively $9,378 (2.6%) lower than the average asking price of $360,230. This represents a decline of $1,934 (26.0%) compared to $7,444 (1.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Pembroke during the last 12 months was recorded in May, 2024 with an average of $0 over the asking price, while the minimum occurring in June, 2024 with $44,000 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Pembroke was 176.9% with 23 properties sold and 9 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 422.2% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 300.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Pembroke was 12,766.7% recorded in December and the lowest was in May at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 23 properties that were successfully sold in Pembroke in the last 30 days (January 21 - February 19) was 67 days, which is 1 days less than 68 days average in the previous 30 day period (December 22 - January 20) and 15 days longer than during the same period a year ago (52 days).
There were 11 delisted properties in Pembroke, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 57 days on the market. This is 69 days shorter than the average of 126 days during the previous 30 day period (December 22 - January 20) and 57 days more compared to the same period last year average of 0 days on the market.
11 Pembroke properties that didn't sell stayed on the market 14.9% longer than 23 that sucessfully sold over the last 30 days - 67 days when sold vs 57 days when delisted respectively.
Average Days on the Market in Pembroke over the past 12 months for properties that have sold was 25.1 days, with 84.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
13 new properties were listed on the market in Pembroke in the last 30 days (January 21 - February 19). During the same time 23 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 21 properties (or 161.5%).
During the previous 30 day period (December 22 - January 20) there were 9 new properties listed, 38 sold and 18 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 41 new properties listed, the slowest - September with 0 new listings and a yearly average of 9 new listings per month.
New Real Estate Listings by Property Type
There were a total of 13 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Pembroke. This is a 44.4% increase compared with a previous 30 day period (December 22 - January 20) and 1,200.0% up from the same period a year ago. Over the past year an average of 9 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 22 homes sold during the last 30 days (January 21 - February 19), which is 95.7% of all properties sold in Pembroke. This is a 31.2% decline compared with a previous 30 day period (December 22 - January 20) and 633.3% up from the same period a year ago. Over the past year an average of 58 homes are were sold per month.
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