Martin County Condos & Townhomes Market Update – June 2026

Martin County Condos & Townhomes Real Estate Statistics – June 2026

Martin County’s condo and townhome market delivered one of its strongest performances of the year in June, with closed sales surging, inventory continuing to tighten, and homes selling more quickly than they did a year ago. While the median sale price dipped slightly, the overall market remains active, with buyers continuing to seek the affordability, convenience, and low-maintenance lifestyle that condos and townhomes provide.

The standout story this month is the 47% increase in closed sales, signaling a significant boost in buyer activity across this segment of the market.

Let’s take a closer look.

Market Breakdown – June 2026 vs. June 2025

Median Sale Price: $253,750

🔻 Down 2% year-over-year

The median sale price declined slightly compared to last June. Small fluctuations like this are common in the condo and townhome market and can often reflect the mix of properties sold rather than a weakening market. Overall demand remains healthy.

Closed Sales: 110 properties

📈 Up 47% year-over-year

This is the headline statistic for June. Closed sales jumped dramatically, indicating a strong increase in buyer activity and confidence. More buyers are choosing condos and townhomes, whether as primary residences, seasonal homes, or investment properties.

Active Inventory: 559 properties

🔻 Down 20% year-over-year

Available inventory continues to decline, giving buyers fewer choices than they had a year ago. Even with this reduction, the condo and townhome market still offers a wider selection than many single-family home markets.

Pending Sales: 75 contracts

⏸️ Unchanged year-over-year

Pending sales held steady, suggesting buyer demand remains consistent. Combined with the surge in closed sales, this points to a market maintaining solid momentum heading into the second half of the year.

Months of Inventory: 6.1 months

🔻 Down 34% year-over-year

Inventory levels have tightened considerably. While six months of supply is generally viewed as a balanced market, the significant year-over-year decline shows the market is becoming more competitive than it was last summer.

Days on Market: 70 days

🔻 Down 9% year-over-year

Condos and townhomes are selling faster than they did a year ago, another sign that motivated buyers are acting when well-priced properties become available.

New Listings: 98 properties

🔻 Down 14% year-over-year

Fewer new listings came onto the market this month, continuing the trend of constrained inventory and limiting the number of available options for buyers.

What This Means for You

Buyers

Martin County’s condo and townhome market continues to offer an attractive alternative to single-family homes, particularly for buyers looking for affordability, lower maintenance, or a seasonal residence. While inventory remains healthier than in some other segments, desirable properties are moving more quickly than they did last year.

Sellers

This is an encouraging market for sellers. The sharp increase in completed sales, lower inventory, and quicker selling times all point to stronger buyer demand. Pricing your property correctly remains the key to attracting serious buyers.

Investors

Steady demand and tightening inventory continue to make Martin County’s condo and townhome market appealing for investors. Whether targeting long-term rentals or vacation properties, the market continues to demonstrate solid fundamentals.

Final Thoughts

June’s numbers paint the picture of a condo and townhome market that is becoming increasingly active. Although the median sale price edged down slightly, nearly every other key indicator points toward strengthening market conditions.

Sales surged, inventory continued to shrink, homes sold more quickly, and supply tightened considerably compared to a year ago. These trends suggest buyers remain confident and that demand continues to absorb available inventory.

As we move further into the summer market, Martin County’s condo and townhome sector continues to provide excellent opportunities for buyers seeking value and for sellers looking to capitalize on growing demand.

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