Martin County Monthly Market Snapshot

In 2024, the median sale price showed minimal growth, increasing by just 2.4% compared to 2023. However, the median time to contract saw a significant year-over-year jump, rising 55.2% to 45 days from 29 days in 2023. Meanwhile, Martin County reported steady figures across most metrics, except for inventory, which experienced notable growth. Active listings in Martin County ended the year at 829, reflecting a 40.5% increase from 2023. This trend is expected to continue into 2025. 

"Martin County ended 2024 with increased inventory, especially when comparing year-over-year. The county has a 5.1 months’ supply of inventory – a 41.7% increase from 2023,” says Jonathan Lickstein, 2025 president of Broward, Palm Beaches & St. Lucie Realtors®. “When inventory increases, it means buyers gain more leverage in the market. They have more options to choose from, which can lead to more competitive pricing and negotiations. That’s why it’s never been more important to work with a local Realtor® who show our greatest value to homebuyers through representation and risk mitigation.”