Martin County Townhouses and Condos February 2021 Market Report

The Martin County Townhouses and Condos market continues to show strong activity when compared to last year. Closed sales for the month were up by 21.2%.  They were up by 12.5% in January.  New sales under contract (new pending sales) were up by 14.7% from last year.  They were up by 41.5% in January.

Prices were also up for February.  The median sales price increased by 30.3% (was up by 23.4% last month). While the average sales price increased by 16.0% (was up by 40.3% in January).

The inventory of available townhouses and condos decreased by 8 units to 268 properties.  This is a 38.7 % smaller inventory than we had in February 2020.  Currently, there’s a 2.5 months supply of inventory (compared to 4.5 months for February 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

• St Lucie County Townhouses and Condos February 2025 Market ReportMarch 25, 2025
• St Lucie County Single Family Homes February 2025 Market ReportMarch 24, 2025
• Martin County Townhouses and Condos February 2025 Market ReportMarch 23, 2025
• Martin County Single Family Homes February 2025 Market ReportMarch 22, 2025
• St Lucie County Townhouses and Condos January 2025 Market ReportMarch 19, 2025
• St Lucie County Single Family Homes January 2025 Market ReportMarch 18, 2025

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.

Martin County Townhouses and Condos February 2021 Market Report