Colony Point 6 Condo
Homes for Sale in Pembroke Pines, FL

Colony Point 6 Condo market snapshot (as of July 15, 2026): the median sale price is about $160K ($168 per sq ft over the trailing 12 months of closed sales), and a median 89 days on market for closed sales. The trailing-12-month median is down 17% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 closings in the current window).

Colony Point 6 Condo is a price-driven condominium offering in Pembroke Pines where the median closed sale is $160,000 and market time runs close to three months. Year-over-year prices are down sharply, and the pace of sales is measured rather than competitive.

The seventeen-percent year-over-year decline is the most important fact in this market. It signals that the equilibrium that held twelve months ago—whatever combination of low rates, looser condo financing, or deferred demand underpinned it—has broken. Today's buyers are fewer, more cautious, and more sensitive to the cost of ownership once you layer in association fees, insurance, and financing constraints that disproportionately affect older condo stock.

Eighty-nine days on market is a long cycle by recent Florida standards, and it creates a different negotiating posture. Sellers who price at or above last year's comps are sitting; those who acknowledge the correction and price for current conditions are closing. For buyers this environment is forgiving: you have time to evaluate multiple units, negotiate repairs, and walk away if the numbers don't pencil. The small transaction count—five closings in the trailing window—means individual listings can move the median, so treat any one data point as indicative rather than definitive.

The per-square-foot median of $168 is consistent with value-tier condo product, but it tells you nothing about the wide variance in unit condition, floor, view, and deferred maintenance that actually drives individual pricing. In a complex like this, condition is destiny: a unit with updated finishes, reserved parking, and a clean inspection will trade at a premium to the median; one with original everything and a looming special assessment will trade well below it. The market is functioning, but it is punishing optimism and rewarding candor.

Condo markets with thin transaction volume and wide condition spreads require an agent who knows how to price based on comparables that actually resemble your unit—not just the complex name—and who can walk you through association financials, pending assessments, and insurance riders before you write an offer. Momentum's broker team will tell you when a building has red flags and when a listing price is detached from the current market. We comp precisely, we negotiate without drama, and we do not waste your time on units that will not close or that carry hidden costs you will regret six months in.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.