Martin County Monthly Market Report - May March 2025 | Page 17

Pending Sales New Listings
Monthly Market Detail- August 2025 Townhouses and Condos Martin County

New Pending Sales

The number of listed properties that went under contract during the month
Economists ' note: Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale.
Month
New Pending Sales
Percent Change
Year-over-Year
Year-to-Date
703
-5.6%
August 2025
87
27.9 %
July 2025
76
40.7 %
June 2025
75
-12.8%
May 2025
77
-24.5%
April 2025
89
-20.5%
March 2025
119
0.0 %
February 2025
99
-3.9%
January 2025
81
-19.8%
December 2024
57
-21.9%
November 2024
73
0.0 %
October 2024
74
8.8 %
September 2024
75
8.7 %
August 2024
68
-19.0%
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

New Listings

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
Month
New Listings
Percent Change
Year-over-Year
Year-to-Date
1,131
-1.8%
August 2025
109
-4.4%
July 2025
86
-25.9%
June 2025
114
14.0 %
May 2025
111
-28.4%
April 2025
150
-20.2%
March 2025
156
9.9 %
February 2025
177
19.6 %
January 2025
228
20.6 %
December 2024
116
2.7 %
November 2024
150
4.9 %
October 2024
153
14.2 %
September 2024
119
-9.8%
August 2024
114
4.6 %
250
2021 2022 2023 2024 2025
200
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.