Martin County Real Estate Heats Up This Spring
March 2026 Local Market Update
April 17, 2026 Report | Martin County | Market Reports
Spring has arrived in Martin County’s real estate market – and buyers are showing up. March 2026 data reveals a market that gained serious momentum last month, with sales jumping, inventory shrinking, and demand building a strong pipeline heading into the warmer months.
It is important to note that we are coming off Florida’s high season so sales are naturally higher, but as you can see by the charts below, many numbers are still up and there is momentum for things to continue. The comparisons and percentages are compared to last year at the same time so it’s not the previous month.
Buyers Came Back Strong in March
The headline number for Martin County is hard to miss: closed sales for single-family homes rose 21.4% year-over-year to 210 transactions. That’s one of the strongest year-over-year increases in the region, and it reflects genuine buyer enthusiasm as spring gets underway.
Even more telling is what’s happening with pending sales – they climbed 35.3% year-over-year to 253. That’s a strong forward indicator, meaning the momentum you saw in March is likely to carry into April and beyond.
“Martin County’s market picked up meaningfully in March, with more buyers entering the market and pending sales showing continued momentum. While homes are still taking longer to sell than they did a year ago, the rise in closed sales and tighter inventory show that well-priced properties are continuing to attract attention.” by Jonathan Dolphus, President, Broward, Palm Beaches & St. Lucie Realtors®
Note: Check Back – I will be adding more charts and Luxury Info
Inventory Is Getting Tighter – Quickly
Here’s the dynamic that buyers need to pay attention to: active inventory fell 22.7% year-over-year to just 777 listings. And months’ supply dropped from 6.2 to 4.4 – a significant shift in just 12 months.
New listings also dipped 3.7% to 262, while new pending sales hit 253 – meaning demand is nearly matching every new listing coming to market. In plain terms, the window of opportunity in Martin County is narrowing, and those who act sooner will have more to choose from.
Prices: Stable at the Core, Quieter at the Top
The median sale price for single-family homes rose 2.8% year-over-year to $606,250 – solid, steady appreciation that reflects healthy demand in the mainstream market.
The average sale price, however, declined 17.0% to $862,661. That gap between median and average tells us that fewer ultra-high-end transactions closed this March compared to last year. If you’re shopping in the $500,000 – $700,000 range, the core market is active and well-supported. If you’re at the very top of the market, there may be a bit more room to negotiate.
What About Timing?
Homes are taking a bit longer to sell than they did a year ago. Median time to contract rose 41.5% to 58 days, and median time to sale increased to 99 days. Don’t let that number alarm you – it simply means the frantic pace of 2022-era bidding wars isn’t the norm here. Buyers have time to be thoughtful, and sellers need to price right to attract offers.
That combination – rising sales, tighter inventory, and reasonable timelines – is actually a healthy market for buyers. You have some breathing room, but not unlimited time.
Single Family Homes – March 2026 Snapshot
- Closed Sales: 210 (up 21.4%)
- Paid in Cash: 92 (down 8.0%)
- Median Sale Price: $606,250 (up 2.8%)
- Original List Price Received: 93.8% (up 1.3%)
- Median Days to Contract: 58 (up 41.5%)
- Inventory (Active Listings): 777 (down 22.7%)
- Months Supply of Inventory: 4.4 (down 29.0%)
Townhouses & Condos – March 2026 Snapshot
- Closed Sales: 134 (up 42.6%)
- Paid in Cash: 76 (up 16.8%)
- Median Sale Price: $259,500 (down 2.8%)
- Original List Price Received: 91.9% (up 1.0%)
- Median Days to Contract: 75 (up 2.7%)
- Inventory (Active Listings): 634 (down 19.1%)
- Months Supply of Inventory: 7.3 (down 27.0%)
How has the Luxury $1 Million Dollar Market Performed in Martin County?
38 of 210 closings were $1 million or more (18.1% of the market), driven in large part by the county’s exceptional waterfront inventory along the St. Lucie River and the Intracoastal.
- Martin County is located directly next to and southeast of Port St Lucie and they have more intracoastal and oceanfront homes – with homes in Sailfish Point now ranging from $5 million to $35 million, and Jupiter Island ranging from $20 million to $45 million. Click here for St Lucie County Market Report and Palm Beach County Market Report.
- The $1.25M – $1.499M tier doubled year-over-year, and the $2M – $2.999M segment rose 16.7%. Martin County’s luxury market continues to attract buyers seeking waterfront lifestyle and relative value compared to Palm Beach
What Has the Median Sales Price Been Doing Since 2022?
Martin County’s median sale price chart reflects a market that has navigated the post-pandemic transition with notable resilience.
- After climbing through 2022, prices moved through a period of adjustment and have since restabilized – with the March 2026 median coming in at $606,250, up 2.8% year-over-year. That positive year-over-year gain is meaningful, especially given the broader softening seen across some Florida markets.
- It’s worth noting that the average sale price declined year-over-year, which may seem contradictory – but the explanation is straightforward. Fewer ultra-high-end transactions closed this March compared to last year, which pulls the average down even as the core market (reflected in the median) holds firm.
- For buyers shopping in the mainstream price ranges, this market is stable and supported by real demand. And with closed sales surging 21.4% in March and pending sales up 35.3%, the buying activity suggests confidence, not retreat.
What Are Pending Sales Telling Us About the Months Ahead?
Martin County’s pending sales data for March 2026 is one of the most compelling numbers in this entire report: new pending sales jumped 35.3% year-over-year to 253 contracts.
- Year-to-date, pending sales are running 23.9% ahead of last year’s pace – a sustained trend, not a one-month blip.
- This is a forward-looking indicator, and what it’s saying is that buyers are actively committing to Martin County homes right now in meaningful numbers.
- Given that it typically takes 60 – 90 days from contract to close, the strong March pending numbers suggest we’ll see continued solid closed sales figures heading into May and June. If you’re considering a purchase in Martin County, the window of opportunity before competition intensifies further may be shorter than you think.
- Note the seasonal levels of pending fluctuations. Florida has a winter high season vs most other areas of the country where spring is peak. Numbers are still high in spring months but they are decreasing – as are the number of new listings (see next chart).
Why Inventory Is Shrinking – and Why That Matters for Buyers
New listings in Martin County dipped 3.7% year-over-year in March 2026, coming in at 262. Year-to-date, new listings are running 7.1% below last year’s pace.
- At the same time, new pending sales rose 35.3%. The math here is telling: demand is accelerating while supply is contracting. That combination is what has driven active inventory down 22.7% year-over-year to just 777 homes, and pushed months’ supply from 6.2 to 4.4 in just 12 months.
- For buyers, Martin County is no longer the quiet, overlooked market it once was. More buyers are discovering what longtime residents already know – the quality of life, the natural environment, the sense of community – and they’re acting on it.
- With new listings declining and pending sales surging, the selection available today will likely be smaller tomorrow. Getting pre-approved and working with a local expert who knows these neighborhoods gives you a meaningful edge.
- Note the seasonal levels of Pending sales and new listings fluctuations. Florida has a winter high season vs most other areas of the country where spring is peak. Numbers are still high in spring months but they are decreasing – which also corresponds to the number of pending listings (see previous chart). For people waiting for an increase in new listings before making their decisions, it may not materialize due to our normal seasonal fluctuations, although we can’t foresee all the reasons or other issues that may come up.
Distressed Sales
Martin County recorded zero foreclosure/REO sales and zero short sales in March 2026 – all 210 single-family transactions were traditional sales, meaning 100% of the market activity was distress-free. This is the clearest possible signal that the conditions driving the 2008 price collapse – a market overwhelmed by distressed properties – are simply not present in Martin County today.
Neighborhood or Condo Building Market Report
For a quick Neighborhood Market Report you can click on the Market Report tab in the top right section of the Listings tool and it will show some statistics for:
- Overview Metrics for the last 30 days for Median Sales Price, Sale-to-List Percentage, Days on Site and Inventory
- Graphs Showing the last 6 months of data for Active and Sold properties also for Median Sales Price, Sale-to-List Percentage, Days on Site and Inventory
- Listing Galleries of Properties for the Last 30 days on Solds, New Listings and Pendings
- Here are 2 examples of Neighborhoods – Port St Lucie and Stuart Riverfront Homes. On the IDX Listing box, Click on the Market Report tab in the top right corner and it will take you to the Market Report. I always try to define a search with a polygon boundary to make sure all the listings are included, sometimes agents use variations for Development and Subdivision names and not all of the listings are included like they are with a polygon search. Contact me if you would like a more defined search and reports.
Why Martin County Deserves a Closer Look
Martin County offers something increasingly hard to find along the Florida coast: a smaller, more intimate community with natural beauty, strong schools, and a real sense of place. The numbers this month suggest more buyers are discovering that. Here’s what to take away:
- With inventory down nearly 23%, the selection available today won’t last. If you’ve been watching the market, now is the time to get serious.
- The median price of $606,250 is below neighboring Palm Beach County, but the lifestyle is comparable – and in many ways, more relaxed.
- The condo and townhouse market had a remarkable month – 42.6% more closed sales year-over-year. With a median of $259,500 and falling inventory, that segment is moving fast.
- Pending sales are up 35.3% – that pipeline of activity means competition is building, not fading.
- Get pre-approved and work with a local expert who can help you move confidently when the right property appears.
Interested in what Martin County has to offer? Let’s start the conversation and find the right home for your next chapter.
Data source: Broward, Palm Beaches & St. Lucie Realtors® | March 2026
