Martin County Single Family Homes January 2025 Market Report
The Martin County Single Family Homes real estate market had positive sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and higher mortgage rates than recent past, but consumer optimism seems to have improved. Closed sales were up 7.5% from last year (they were up in December too). At the same time, new pending sales were up by 4.1% compared to last year (which increased by 12.9% last month).
Prices improved for January when compared to last year. The median sales price increased by 8.6% from last year (up by 4.5% in December) and the average sales price increased by 22.5% (up by 0.8% last month).
The inventory of available single-family homes increased by 63 homes this month to 892. This is a 40.3% greater inventory than last January. The current supply of homes is 5.4 months. For January of last year, it was 3.9 months of supply. We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market. A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.
Please click on the image or link below to download the full Florida single-family real estate market report.
Click here to view the previous Martin County single-family homes market reports
- St Lucie County Townhouses and Condos February 2025 Market Report
- St Lucie County Single Family Homes February 2025 Market Report
- Martin County Townhouses and Condos February 2025 Market Report
- Martin County Single Family Homes February 2025 Market Report
- St Lucie County Townhouses and Condos January 2025 Market Report
- St Lucie County Single Family Homes January 2025 Market Report
To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.
Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.
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