Pink Door Podcast

75. "Pembroke's Vanishing Act: Only ONE Home For Sale in the Entire Town"

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0:00 | 13:57

Welcome to another South Shore real estate market update! I'm breaking down what just happened in Pembroke this January, and folks, the numbers are telling us a compelling story about one of the South Shore's most desirable towns.

Let's start with the headline: thirteen homes sold in Pembroke this January with a median price of $610,000, up nearly 6% from December. But here's what really caught my attention—we're looking at just 0.72 months of inventory. For those keeping score at home, anything under three months signals a strong seller's market, and Pembroke is operating at less than a quarter of that threshold.

The inventory situation is remarkable. As of early February, there's literally ONE active single-family listing in the entire town, priced at $1.55 million. Meanwhile, we've got seven properties pending and buyers are moving fast—the median time to get an offer is just eight days. These homes aren't sitting around waiting for the perfect buyer; the perfect buyers are already there, checkbooks ready.

What I find fascinating is the price distribution. We saw sales across every major price band from the mid-$400s all the way up to $1.3 million. Four homes sold in the $500-$599K range, three in the $600-$699K bracket, and we even had a luxury sale top $1.3 million. This tells me Pembroke isn't just attractive to one buyer demographic—it's appealing to first-time buyers, move-up buyers, and luxury purchasers alike.

The sale-to-list ratio is sitting right at 100%, meaning homes are selling at asking price on average. Some sold slightly above, others slightly below, but the takeaway is clear: sellers who price correctly are getting their number. The days of significant negotiation leverage for buyers? Those are on pause in Pembroke right now.

Speed matters in this market. With an average of just 26 days on market and 14 days to offer, hesitation equals disappointment for buyers. I'm telling my clients: if you see something you love in Pembroke, you need to be ready to move immediately. Second showings are a luxury you might not get.

Looking at the broader trends, Pembroke's median estimated property value stands at $670,690, showing the town has maintained strong value appreciation over the past year. For sellers considering a move, this combination of low inventory, fast sales, and strong prices creates an exceptional opportunity. For buyers, it means getting pre-approved, understanding your must-haves versus nice-to-haves, and being prepared to act decisively.

The January market also showed us something important: even in winter, traditionally the slowest season for real estate, Pembroke is active and competitive. If this is the "slow" season, spring is going to be absolutely wild.

Whether you're thinking about selling your Pembroke home or you're a buyer who's been watching from the sidelines, the January numbers make one thing crystal clear—this is not a market where you can afford to wait and see. The question isn't whether Pembroke is hot; it's whether you're ready to jump in.  #SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #pembroke #02359 #pembrokeRealEstate #pembrokejanuarymarketupdate #pembrokeHomes  #PembrokeRealtor 

Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below.
https://linktr.ee/SellingSouthieToSagamore
www.KWMASS.com 

Email me at JimAldredRealtor@yahoo.com

cell: 339-987-0382

PODCAST INTRO 

"Werq" Kevin MacLeod (incompetech.com)
 Licensed under Creative Commons: By Attribution 4.0 License
 http://creativecommons.org/licenses/by/4.0/

 PODCAST OUTRO

LURKING SLOTH

By: Alexander Nakarada