Momentum Housing Data · Home Values · Broward County

PARK PLACE Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in PARK PLACE (Pembroke Pines, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-08-10; refreshes as new closings record.

Median sold price
$125,000
-13.8% vs prior year · window ending 2026-08-10
Median $/sqft
$115
9 recorded closings
Median days to sell
203
from list to contract-to-close record

In the current window, sellers accepted a median 71.4% of original asking; the median sale took 203 days (window ending 2026-08-10).

The 15-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSales
2026$125,000$1152039
2025$145,000$1189013
2024$185,000$1534211
2023$200,000$1632533
2022$169,000$1571135
2021$130,000$1064627
2020$128,900$1142715
2019$130,000$1164115
2018$99,385$9710825
2017$91,500$806137
2016$102,500$854630
2015$89,900$757425
2014$86,200$782138
2013$73,000$633543
2012$56,500$494356

Over the recorded series, PARK PLACE’s median sold price moved from $56,500 (2012) to $125,000 (12 months ending 2026-08-10) — +121% over that span, with every year’s figure from recorded closings, not a model.

The last decade in PARK PLACE, briefly

The recorded series starts in 2012 at $56,500. The 2020–22 run-up did what it did everywhere — PARK PLACE’s median moved +30% from 2019 to 2022. Against the 2023 peak of $200,000, the current median stands at -38%. Annual sales volume here has ranged from 9 to 56 closings a year (10-yr average 22). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.

Selling in PARK PLACE right now: what the record says

Current asking prices run a median $194,750 against the $125,000 recorded sold median (+56%) — the gap between what sellers hope and what the record shows. The market is carrying about 5.3 months of supply at the current sales pace. Demand check: 20% of PARK PLACE’s listings are under contract, against 24% for ZIP 33026 and 19% for Broward County as a whole — roughly in line with its surroundings. Momentum’s market-heat index for PARK PLACE reads 10/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.

The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.

What would YOUR PARK PLACE home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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More PARK PLACE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures