Martin County Monthly Market Report - May March 2025 | Page 12

Closed Sales
Monthly Market Detail- August 2025 Townhouses and Condos Martin County
Summary Statistics
August 2025
August 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
79 66 19.7 % 38 36 5.6 %
Median Sale Price $ 230,000
$ 290,000-20.7 %
Average Sale Price Dollar Volume
$ 283,124 $ 319,886-11.5 % $ 22.4 Million $ 21.1 Million 5.9 %
Median Percent of Original List Price Received
88.4 % 92.3 %-4.2 %
Median Time to Contract 90 Days 59 Days 52.5 %
Median Time to Sale
118 Days
114 Days
3.5 %
New Pending Sales New Listings
87 109
68 27.9 %
114-4.4 %
Pending Inventory 106 Inventory( Active Listings) 614 Months Supply of Inventory 8.1
94 12.8 % 539 13.9 % 6.6 22.7 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
August 2025
635
79
-10.8% 19.7 %
July 2025
72
-8.9%
June 2025
75
-9.6%
May 2025
84
-27.0%
April 2025
111
-2.6%
March 2025
94
-13.8%
February 2025
64
-24.7%
January 2025
56
-8.2%
December 2024
73
-9.9%
November 2024
65
47.7 %
October 2024
78
16.4 %
September 2024
58
-18.3%
August 2024
66
-29.8%
200
2021 2022 2023 2024 2025
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Tuesday, September 23, 2025. Next data release is Thursday, October 23, 2025.