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Real Estate Market Update for Martin County in August 2025

Real Estate Market Update for Martin County in August 2025

August 2025 

MARTIN COUNTY MARKET UPDATE

The Martin County's housing market in August 2025 showed mixed performance, with prices edging upward but overall activity moderating as inventory levels continued to rise. Buyers are finding more options, while sellers are navigating a slower pace of closed transactions.

Martin County Single Family Home 

  • Closed Sales: 204, up 32% from last year

  • Median Sales Price: $582,500, up 0.9% year-over-year

  • Active Inventory: 823, up 15% from last year

  • Months’ Supply of Inventory: 5.1, up from 4.4 a year ago

  • New Listings: 206, down 16% year-over-year

  • New Pending Sales: 189, up 3.3% from last year

The single-family sector experienced strong growth in closed sales, accompanied by modest price appreciation. Rising inventory and a higher months’ supply suggest a more balanced environment for buyers.


Martin County Townhouses and Condos

  • Closed Sales: 79, up 20% from last year

  • Median Sales Price: $230,000, down 21% year-over-year

  • Active Inventory: 614, up 14% from last year

  • Months’ Supply of Inventory: 8.1, up from 6.6 a year ago

  • New Listings: 109, down 4.4% year-over-year

  • New Pending Sales: 87, up 28% from last year

The townhouse and condo segment saw higher sales activity but declining prices, reflecting increased options for buyers. A larger supply and competitive pricing create opportunities for those entering or expanding in the condo/townhouse market.

 

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