Press & Media

Martin County’s single-family housing market gained momentum in March, with closed sales rising 21.4% year-over-year to 210 transactions. The increase suggests buyers returned to the market in greater numbers as the spring season got underway, even as affordability remains a consideration for many households. Home prices were mixed. The median sale price increased 2.8% year-over-year to $606,250, showing resilience in core price points, while the average sale price declined 17.0% to $862,661. That gap indicates less activity at the very top of the market compared to a year ago, even as overall transaction volume improved. Homes are also taking longer to sell. Median time to contract rose 41.5% year-over-year to 58 days, while median time to sale increased 19.3% to 99 days. Sellers are still finding buyers, but the market is moving at a more deliberate pace than it was a year ago. That slower timeline gives buyers more room to evaluate options, while reinforcing the importance of pricing and presentation for sellers. Pending activity points to continued demand ahead. New pending sales climbed 35.3% year-over-year to 253, outpacing new listings, which slipped 3.7% to 262. At the same time, active inventory fell 22.7% to 777 listings and months’ supply declined to 4.4, down from 6.2 a year earlier. Those figures suggest the market became more competitive in March, particularly for well-priced homes in mainstream price brackets. “Martin County’s market picked up meaningfully in March, with more buyers entering the market and pending sales showing continued momentum,” said Jonathan Dolphus, President of Broward, Palm Beaches & St. Lucie Realtors®. “While homes are still taking longer to sell than they did a year ago, the rise in closed sales and tighter inventory show that well-priced properties are continuing to attract attention. A local Realtor® can help buyers and sellers navigate these shifting conditions with confidence.” Contact a local Realtor® today — they serve as your personal resource in the communities where they live, work and play, providing expert guidance on neighborhoods, pricing trends and market strategy.

May 2026 Market Stats for Luxury Properties from Juno Beach to Delray

Suarez Named Senior Advisor of Campaign That Shows CEOs, Founders and Investors the Winning Conditions of Florida’s Gold Coast THE GOLD COAST, Fla. – APRIL 30, 2026 – The Florida Council of 100 and its Foundation announced today that Francis Suarez, the two-term former mayor of Miami, has joined their “Ambition Accelerated” campaign as a Senior Advisor. Seeded with $10 million from Related Ross CEO and Chairman Stephen M. Ross and Citadel Founder and CEO Ken Griffin, the nationwide campaign targets CEOs, founders and investors weighing where to build and scale and makes the case that Florida’s Gold Coast has the right conditions around tax structure, regulatory clarity, talent and quality of life to accelerate growth for the next generation of American businesses.

By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Sales of non-agricultural land in South Florida rose to a high of $7.2 billion in 2025, up 7%. Residential land accounted for 79% of sales. The median sales price of residential land rose to $101 per square foot, up 6% from the prior year and 14x the level in 2019 at $7 PSF. The most expensive markets were Palm Beach ($1,056 PSF), Miami Beach ($846 PSF), and Coral Gables ($433 PSF). Palm Beach County ($3.9 billion) and Miami-Dade County ( $2.1 billion) accounted for the lion’s share at 83%. By number of sales, the top land markets were The Acreage (895 parcels), Palm Beach Gardens (586 parcels), and Boca Raton (333 parcels).