Market overview
Total active
5
Avg price
$669,760.00
Median price
$699,000.00
Price range
$589,900.00 – $710,000.00
Avg $/sqft
$317.00
Luxury (1M+)
0
📡
Market Pulse
Based on 401 closed sales in Pembroke Pines · last 12 months
💰
Median Sold Price
$590,000
from closed sales
📅
Avg. Days on Market
55 days
from list to contract
📊
Absorption Rate
17.2%
of inventory sold per month
🎯
Sale-to-List Ratio
97.9%
of asking price
Source: Spark MLS · Updated every 6h
Rainbow Lakes has 5 active home listings. Median list price is $699,000. Listings range from $589,900 to $710,000. Property mix: 5 Residential.
Market snapshot
- Active listings
- 5
- Homes for sale
- 5
- Homes for rent
- 1
- Median price
- $699K
- Waterfront homes
- 3
- With pool
- 4
Market context
The median home price in Rainbow Lakes is currently around $699,000, above the overall Pembroke Pines median, making it a premium option for buyers looking at waterfront homes in this part of Pembroke Pines.
Positioning
- ·Price: above Pembroke Pines median
- ·Mix: sale and rent
- ·Dominant type: Residential
- ·Waterfront: 3
- ·Pool: 4
Best fit for
- Waterfront-focused buyers
- Single-family buyers
Compare homes in Rainbow Lakes with the wider Pembroke Pines market
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Listings in Rainbow Lakes
Active · Pembroke Pines
$650,000
2160 NW 91st Terrace, Pembroke Pines, FL 33024 · Pembroke Pines · FL 33024
4 bd · 2 ba · 1,709 sqft
Pool
View detailsActive · Pembroke Pines
$699,900
2210 NW 91st Terrace, Pembroke Pines, FL 33024 · Pembroke Pines · FL 33024
3 bd · 2 ba · 2,198 sqft
View detailsSimilar communities
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