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Towngate

5 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$720K

▲ 9.1% YoY

MEDIAN $/SF

$313

▲ 11.4% YoY

ACTIVE INVENTORY

5

for sale

SOLD VS. ORIGINAL ASK

95.7%

NEW97.2% of final list

DAYS TO CONTRACT

34

NEW73 to close

MARKET PULSE

0.24

shown at Pembroke Pines level

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$830K$709K$588K$770KNovJan '26MarMayJulSep

MARKET PULSE

towngate

Buyer'smarket Seller'smarket 01.0 0.24

BUYER'S ADVANTAGE

Shown at Pembroke Pines level

MARKET SUMMARY · 12 MONTHS

Median sale price$720K
Median $/SF$313
Median days on market91
Total sales (12mo)44
New listings (12mo)51
Sold ÷ original ask NEW95.7%
Sold ÷ final list price NEW97.2%
Sold below original ask NEW82%
Median days to contract NEW34
Median days to close NEW73
How buyers paid NEW7% cash · 89% fin. · 5% n/d
Months of supply—1.4
Sale-to-just-value COUNTY—1.10×
Owner-occupied COUNTY—63.4%

TIER HEALTH

Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 34Closed · day 73

34

days, listing → contract

31

days, contract → closing

73

days, listing → closing

Single-family · 4434 days to contract · 73 to close · 95.7% of original ask

How long homes took to go under contract

0–30 days45% · 20
31–90 days30% · 13
91–180 days16% · 7
181+ days9% · 4

Medians of 44 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 7% · 3 salesFinanced 89% · 39 salesNot disclosed 5% · 2 sales
Single-family · 447% · 89% · 5%

7%

cash share of disclosed sales

JulAugSepOct

Financing reported on 95% of sales (42 of 44).

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 44 closed sales of homes, Nov 2025 – Oct 2026.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

63.4%

Owner-occupied (homestead) COUNTY

1.10×

Sale-to-just-value ratio COUNTY

46.3%

Homes sold, 10-yr COUNTY

+1.0%

Appreciation YTD · $/SF COUNTY CLOSED SALES

Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.

MARKET NARRATIVE

The for-sale market in Towngate, Pembroke Pines, is carrying 5 active listings this week at a median list price of $774,990. Fresh supply arrived over the past month — 1 new listings — against 5 pending sales, putting the market pulse at 1, a seller's market. Homes are taking a median of 91 days on market. For context, Pembroke Pines runs at a 0.24 pulse. If pending demand holds near this level, sellers keep the upper hand.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · TOWNGATE

How much do homes cost in Towngate?

The median sale price in Towngate is $720K over the trailing 90 days, and the median list price is $774,990.

Is Towngate a buyer's or seller's market?

Towngate is currently a seller's market. Its market pulse — pending sales divided by active listings — is 1.00; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Towngate?

There are 5 active for-sale listings in Towngate as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in Towngate?

Homes in Towngate spend a median of 91 days on market.

What is the price per square foot in Towngate?

The median list price per square foot in Towngate is $313.

What share of Towngate homes are owner-occupied?

About 63.4% of homes in surrounding Broward County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.

How often do homes sell in Towngate?

About 46.3% of homes in surrounding Broward County have changed hands over the past decade — roughly 4.6% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.

How long do homeowners typically own in Towngate?

Homeownership in Broward County skews long-term: only about 46% of homes had a qualified sale in the past decade, so roughly 54% of owners have held 10+ years, per public deed records.

Are home prices in Towngate rising or falling?

The median sale price in Towngate is $720K, up 9.1% year over year and the median price per square foot is up 11.4%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does Towngate have?

Towngate has about 1.4 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W45.