July 2025
MARTIN COUNTY MARKET UPDATE
The Martin County housing market in July 2025 displayed a mixed performance across both single-family homes and the townhouse/condo sector. While overall closed sales slowed compared to last year, inventory continued to expand, giving buyers more options and gradually shifting conditions toward a more balanced market.
Martin County Single Family Home
-
Closed Sales: 171, down -3.4% year-over-year
-
Median Sales Price: $575,000, up 0.9%
-
Active Inventory: 884, up 26%
-
Months’ Supply of Inventory: 5.6 months (up from 4.3 months a year ago)
-
New Listings: 201, up 2.0%
-
New Pending Sales: 183, up 11%
The single-family home segment showed a modest increase in prices despite fewer closings. Rising inventory and months’ supply point to less competition for buyers, while pending sales growth suggests steady demand heading into late summer.
Martin County Townhouses and Condos
-
Closed Sales: 72, down -8.9% year-over-year
-
Median Sales Price: $257,500, down -10%
-
Active Inventory: 635, up 17%
-
Months’ Supply of Inventory: 8.5 months (up from 6.5 months a year ago)
-
New Listings: 86, down -26%
-
New Pending Sales: 76, up 41%
The townhouse and condo market faced pricing pressure, with median prices falling compared to last year. However, a surge in pending sales indicates that buyers are re-entering this segment, even as inventory and supply levels expand.
