About the Pembroke Pines, Davie and Cooper City Real Estate Market 

Broward County real estate values are continuing on an upward trajectory and show no sign of slowing their growth. The key to growth in local communities has been the strong emphasis placed on keeping cities and towns attractive and livable. The local housing market continues to enjoy robust growth and home prices are currently experiencing double-digit growth.  

Florida ranks among the top ten states in home price appreciation for previously lived-in properties, and new development throughout the state has grown exponentially as well - 49% in the last year alone. While Pembroke Pines, Davie and Cooper City were all developed primarily in the early to mid 1960's, all have experienced significant growth in the last two decades. 

The area has gone through a number of housing booms since the early 1960s. One of the most recent building booms has occurred over the last ten years creating many new housing communities. The median home value is approximately $180,000 with the average price of new homes closely matching median values.
Pembroke Pines, Davie and Cooper City are environmentally oriented and pursue a friendly, progressive approach to creating a superior suburban lifestyle for its residents. Housing here is primarily single-family homes, condominiums and townhouses within professionally landscaped communities. This decade has seen the construction of thousands of new homes with an average cost of $399,000. 

There is significant commercial development underway in the area as well. This includes technology parks, executive parks, office complexes and retail establishments.  

Pembroke Pines, Davie and Cooper City have proactive services to help plan and oversee the city's growth and development. They work to make sure that growth is achieved while meeting the goals of providing quality housing, service centers, business areas and open space.  

The SHIP (State Housing Initiatives Partnership Program) is a joint effort of Broward County and the city to provide safe affordable housing in the area. It offers home repair grants to those residents who have an assessed asset value of under $159,000. The Home Repair Program offers a five-year deferred payment program for major home repairs like roof replacement, and the Barrier Free Program offers aid in making homes more accessible to seniors and handicapped residents. This includes repairs and renovations such as wheelchair ramps, audio and visual alert systems, remodeled bathroom fixtures and modified kitchen cabinets and countertops.  

Over large percentage of households in the area families and most of these families have children less than 18 years of age. Over 92% of homes are owner-occupied with the majority of homes built between 1980 and 2000. The average cost of single-family homes permitted has increased over the last few years. In 2001 an average cost of permitted homes was $276,800 and in 2003 the average cost of permitted homes was $330,300.  

Broward County's Office of Housing Finance has four programs to aid new and low income homebuyers. The Education/Pre-Qualification Program is available to anyone who wishes to buy a home in the county. Counseling is provided to applicants giving them an opportunity to become homebuyers in the future. The Lender's Program can help with affordable financing through a consortium of local lenders providing loans at below market rates. The Community Home Buyer's Workshop is designed to prepare the homebuyer for the home buying process and the Major Employer Workshops and Home Buyer Fairs are designed to bring affordable housing information to the workplace and community. 

Whether it’s a rustic country home, an elegant estate or a distinguished residence in a contemporary residential community, Pembroke Pines, Davie and Cooper City will have the home of your choice. There are many new contemporary residential communities built within the last ten years.  

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