THE SNAPSHOT

At first glance, this looks like a bounce back week.

More listings. More contracts. Prices up.

So you’d expect the market to feel like it picked up speed again.

It didn’t.

And that’s where things start to not fully add up.

THE SNAPSHOT

  • New Homes Listed: 61

  • New Under Contract: 46

  • Median DOM: 49

  • Median Price: $489,950

THE NUMBERS

Here's what changed this week in Pembroke Pines:

Metric

This Week

Last Week

Change

New Listings

61

47

⬆️ +29%

New Contracts

46

30

⬆️ +53%

Median Days on Market

49

26

⬆️ +89%

Median Price

$489,950

$477,500

⬆️ +3%

THE PART THAT DOESN’T ADD UP

If more homes are selling…Why are they taking longer to sell?

That’s the disconnect.

Contracts rebounded and actually came in slightly higher than where we were before Easter.

So demand is there.

But at the same time, days on market jumped to 49, higher than both last week and the week before the holiday.

That’s not what a faster market looks like.

What’s Actually Going On

Last week gave a misleading signal.

That 29 day median made it look like homes were moving quickly.

But that wasn’t the full story.

Fewer listings hit the market. Fewer buyers were out. And the ones who were active were the most motivated.

So naturally, the homes that went under contract were the easiest ones to sell.

That pulls the average down.

This week, everything came back into the mix.

More listings. More buyers. More average inventory.

And just like that, the pace looks very different.

THE PAYMENT MATH

At $489,950 median and 6.48% rates:

Loan amount (5% down): $465,450

Monthly P&I: $2,940

All in (with taxes, insurance, HOA): $3,700–$4,000/month

To afford that comfortably, you’re looking at a household income around $160K–$175K using a 28% front end ratio.

That’s still dual income territory for most buyers.

The difference right now isn’t affordability getting easier.

It’s that it’s not getting worse week after week and that alone is giving buyers a little more room to think before they move.

WHAT IT MEANS FOR BUYERS

There are more options again, and deals are still happening.

But you’re not competing at the same speed.

That gives you something that wasn’t there a few weeks ago.

Time.

Time to compare, to negotiate, and to be selective about what you move forward with.

WHAT IT MEANS FOR SELLERS

Buyers are still active. Homes are still going under contract.

But not everything is moving quickly anymore.

That makes the difference between a home that feels like a clear value and one that doesn’t a lot more obvious.

Pricing, condition, and presentation are doing more of the work now.

WHAT HAPPENS NEXT

Last week, the question was whether Easter distorted the numbers.

This week answered part of that.

Activity came back. But the pace didn’t.

So now the focus shifts.

Right now, I’m leaning toward this being an Easter pause, not a trend change.

But this is where it gets more interesting.

If this is still a stable market, next week should look something like:

  • 60–70 new listings

  • 40–48 contracts

  • Days on market settling somewhere in the mid to high 30s

  • Prices holding in that $485K–$500K range

That would confirm this week was just the market normalizing.

But if something is actually shifting, here’s what to watch:

  • Listings stall closer to 50–60

  • Contracts drop back into the 30s

  • And days on market stays elevated, above 45

That last one matters most.

Because if homes keep taking longer to sell while activity stays uneven, that’s where leverage starts to shift.

Not all at once.

But enough to change how deals get done.

MY TAKE

The market didn’t slow down over Easter.

It paused.

This week shows it came back.

But not with the same urgency.

And when activity holds steady but speed drops…that’s when the gap starts to widen between the homes that sell and the ones that don’t.

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