Treasure Coast Real Estate Market Update: August 2026

The August 2026 housing numbers are in for Martin and St. Lucie Counties, and the Treasure Coast continues to show an interesting mix of higher home values, fewer closed sales, and tighter inventory compared with August 2025.

While each county — and each property type — is behaving a little differently, one trend stands out: inventory has dropped considerably from where it was a year ago. At the same time, median sales prices have held steady or increased, while the number of homes sold declined.

Here’s a closer look at what happened across the Treasure Coast in August.

Martin County Housing Market

Single-Family Homes

Martin County single-family home prices saw a significant year-over-year increase in August.

The median sales price reached $656,900, compared with $582,500 in August 2025 — an increase of 12.8%.

At the same time, fewer homes changed hands. There were 181 single-family homes sold, down 11.3% from 204 sales last August.

Homes also moved more quickly. The median time on market dropped from 77 days last year to 56 days, a decrease of 27.3%.

Inventory tightened substantially as well, falling from 5.1 months in August 2025 to just 3.4 months of inventory this August — a 33.3% decrease.

Condos and Townhomes

Martin County condos also posted strong price growth. The median sales price increased from $230,000 to $277,500, up 20.7% year over year.

However, condo sales slowed. There were 61 sales, compared with 79 last August, representing a 22.8% decrease.

The median time on market improved slightly, falling from 90 days to 84 days, while available inventory dropped from 8.1 months to 5.5 months.

Martin County Takeaway

Martin County's August numbers tell an interesting story: prices rose even as sales activity and inventory declined.

For sellers, lower inventory may mean less competition than they would have faced a year ago, although pricing correctly remains important.

For buyers, there are fewer properties available than there were last summer, particularly among single-family homes. That makes it important to understand current neighborhood-level conditions rather than relying on headlines about the broader Florida market.

St. Lucie County Housing Market

St. Lucie County's numbers show a somewhat different market, particularly when it comes to price growth.

Single-Family Homes

The median sales price for a single-family home was $402,500, compared with $400,000 in August 2025 — a modest increase of 0.6%.

Closed sales declined from 475 last year to 444 this August, down 6.5%.

Homes sold more quickly than they did a year ago, with median days on market decreasing from 64 days to 54 days.

Inventory also tightened, dropping from 5.4 months to 4.9 months.

Condos and Townhomes

St. Lucie County condos recorded a median sales price of $320,000, up 7.2% from $298,450 last August.

There were 80 condo sales, down 9.1% from 88 a year ago.

Unlike the other categories, condos took slightly longer to sell. Median days on market increased 5.1%, from 78 days to 82 days.

Condo inventory, however, dropped sharply. There were 7.6 months of inventory, compared with 10.1 months last August — a 24.8% decline.

St. Lucie County Takeaway

St. Lucie County's single-family market was relatively stable on price, while condo prices showed stronger year-over-year growth.

The decline in inventory is also worth watching. Although buyers still have choices — particularly in the condo market — there are noticeably fewer properties available than there were at this time last year.

What Does This Mean for Treasure Coast Buyers and Sellers?

August's numbers are a good reminder that there really isn't one single "Treasure Coast real estate market."

Martin County and St. Lucie County are behaving differently, and single-family homes and condos are behaving differently within each county.

For buyers, fewer available homes can mean increased competition for desirable properties that are well-priced and in sought-after locations. But opportunities still exist, and factors such as property condition, neighborhood, price range, insurance costs and days on market can make a big difference when negotiating.

For sellers, rising or stable median prices are encouraging, but they don't mean every home will automatically command a higher price. Today's buyers have access to plenty of information and tend to pay close attention to value. Homes that are priced appropriately and presented well are better positioned to attract serious buyers.

The Bottom Line

The August 2026 Treasure Coast housing market remained active, but more constrained by inventory than it was a year ago.

Martin County experienced particularly strong year-over-year price increases, while St. Lucie County single-family prices remained relatively steady. Both counties saw fewer closed sales and lower inventory compared with August 2025.

And as always, these countywide statistics provide a helpful overview — but real estate is local, right down to the neighborhood and sometimes even the street.

If you're considering buying or selling a home on the Treasure Coast, connect with a local real estate professional who can help you understand what these numbers mean for your specific property, price range and neighborhood.

Market statistics provided by Florida REALTORS® via MLS data. August 2026 figures are compared with August 2025.