Martin County Monthly Market Report - May March 2025 | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Martin County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
96 84 14.3 % 57 44 29.5 %
Median Sale Price $ 250,000
$ 265,000-5.7 %
Average Sale Price Dollar Volume
$ 355,305 $ 459,999-22.8 % $ 34.1 Million $ 38.6 Million-11.7 %
Median Percent of Original List Price Received
90.4 % 91.3 %-1.0 %
Median Time to Contract 78 Days 71 Days 9.9 %
Median Time to Sale
110 Days
123 Days
-10.6 %
New Pending Sales New Listings
118 113
77 53.2 %
111 1.8 %
Pending Inventory 146 Inventory( Active Listings) 576 Months Supply of Inventory 6.5
115 27.0 % 730-21.1 % 9.6-32.3 %

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
May 2026
512
96
25.2 % 14.3 %
April 2026
115
3.6 %
March 2026
134
42.6 %
February 2026
69
7.8 %
January 2026
98
75.0 %
December 2025
103
41.1 %
November 2025
54
-16.9%
October 2025
87
11.5 %
September 2025
79
36.2 %
August 2025
79
19.7 %
July 2025
72
-8.9%
June 2025
75
-9.6%
May 2025
84
-27.0%
150
2022 2023 2024 2025
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
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.