Martin County Condos & Townhomes Real Estate Statistics – September 2026

Martin County’s condo and townhome market delivered an encouraging set of results in September 2026, with stronger sales activity, substantially lower inventory and significantly faster selling times.

The median sale price reached $237,500, up 8% year-over-year, while closed sales increased 14% and pending sales climbed 11%. Active inventory declined 25%, and months of supply fell 35%.

Perhaps the most impressive statistic was the 46% reduction in days on market, indicating that condos and townhomes successfully finding buyers are selling much faster than they did a year ago.

Unlike Martin County’s single-family market, where both closed and pending sales declined, the condo and townhome sector recorded increases in both measures of transaction activity.

The result is a market where buyer activity has strengthened at the same time that available inventory has tightened considerably.

Here’s a closer look at September’s numbers.

Market Breakdown – September 2026 vs. September 2025

Median Sale Price: $237,500

📈 Up 8% year-over-year

The median sale price for Martin County condos and townhomes reached $237,500 in September, an 8% increase compared with September 2025.

This increase coincided with stronger sales activity and substantially reduced inventory.

However, Martin County’s condo and townhome market is relatively small, with just 90 closed transactions during September.

That means changes in the mix of properties sold can have a noticeable impact on the median price.

The 8% increase should therefore not be interpreted as every condo or townhome appreciating by the same amount. Individual communities, property conditions and price ranges may perform very differently.

Closed Sales: 90 properties

📈 Up 14% year-over-year

Closed sales increased 14% compared with September 2025.

This is an encouraging result, particularly when compared with the 4% decline in Martin County’s single-family closed sales.

Despite having significantly fewer properties available, the condo and townhome sector completed more transactions than it did a year ago.

That suggests buyers have been finding opportunities that meet their needs, even within a more limited selection of available properties.

Active Inventory: 463 properties

🔻 Down 25% year-over-year

Active condo and townhome inventory declined 25%, representing one of September’s most significant changes.

Buyers now have considerably fewer attached properties to choose from than they did last year.

For sellers, that means substantially less competition from other available listings.

For buyers, reduced inventory can make preparation particularly important when an attractive, appropriately priced property becomes available.

However, the market still includes a range of communities and price points, so competition and negotiating opportunities will vary depending on the individual property.

Pending Sales: 89 contracts

📈 Up 11% year-over-year

Pending sales increased 11% compared with September 2025.

This is particularly encouraging because it supports the increase in completed sales.

While closed sales reflect transactions negotiated in earlier weeks or months, pending contracts provide a more current indication of properties moving through the sales process.

With both measures increasing, September’s numbers suggest that stronger condo and townhome activity is not limited to completed transactions alone.

Of course, not every pending contract ultimately closes, and future activity can change.

Months of Inventory

🔻 Down 35% year-over-year

Months of supply declined 35%, confirming that Martin County’s condo and townhome market has tightened considerably.

This statistic measures how long the current inventory would take to sell at the prevailing sales pace.

A reduction of this size indicates substantially less supply relative to market activity than there was a year ago.

Combined with stronger closed and pending sales, the decline suggests a more competitive environment for buyers seeking desirable attached properties.

However, community-level differences remain important, and lower supply does not guarantee that every listing will attract immediate interest.

Days on Market

🔻 Down 46% year-over-year

Days on market recorded September’s most dramatic change, falling an impressive 46% compared with September 2025.

Condos and townhomes that successfully sold moved considerably faster than they did a year ago.

This is particularly notable because the improvement occurred alongside increases in both closed and pending sales.

Martin County’s condo and townhome market is not only recording more transactions — successful listings are also selling substantially faster.

For sellers, this is an encouraging combination.

For buyers, it highlights the importance of being prepared when a property meets their needs and is priced appropriately.

New Listings: 114 properties

🔻 Down 4% year-over-year

New condo and townhome listings declined 4% compared with September 2025.

The reduction is relatively modest, but it comes at a time when active inventory is already down 25%.

With fewer new properties entering the market and transaction activity increasing, available supply could remain constrained if these trends continue.

For buyers, monitoring new listings closely may become increasingly important.

For sellers, fewer competing new listings can provide an additional advantage.

What This Means for You

Buyers

Martin County condo and townhome buyers are facing a considerably tighter market than they were a year ago.

Active inventory is down 25%, months of supply has declined 35%, and successful sales are happening 46% faster.

Meanwhile, both closed and pending sales have increased.

That combination means attractive, appropriately priced properties may receive attention more quickly, making preparation particularly important.

However, buyers should still take the time to investigate the individual property and community.

HOA fees, reserve funding, insurance, special assessments, building maintenance and rental restrictions can significantly affect the true cost of ownership.

A faster-moving market does not eliminate the importance of careful due diligence.

Sellers

Martin County condo and townhome sellers are benefiting from a particularly encouraging combination of market conditions.

There are 25% fewer active listings competing for buyers, closed sales have increased 14%, pending sales are up 11%, and successful properties are selling considerably faster.

These trends can create a favorable environment for sellers whose properties meet buyer expectations.

However, realistic pricing remains essential.

Buyers continue to evaluate property condition, location, association costs and overall value carefully.

Strong presentation, effective marketing and clear information about community finances can help sellers make the most of the current conditions.

Investors

For investors, Martin County’s condo and townhome market presents an interesting combination of stronger transaction activity and declining supply.

However, the relatively small number of monthly transactions means countywide percentage changes should be interpreted carefully.

Investors should focus on individual opportunities, including acquisition price, financing, insurance, property taxes, maintenance and realistic rental income.

For attached properties, HOA fees, reserve funding, special assessments and rental restrictions can have a particularly significant impact on returns.

Community-level fundamentals remain more useful than broad market trends when determining whether a property represents a sound investment.

Final Thoughts

Martin County’s September 2026 condo and townhome market delivered stronger sales activity, tighter inventory and dramatically faster selling times.

The median sale price increased 8% to $237,500, while closed sales climbed 14% and pending sales rose 11%.

At the same time, active inventory declined 25%, months of supply fell 35%, and days on market dropped an impressive 46%.

New listings were also down 4%, suggesting fresh supply has not yet increased enough to offset the broader reduction in available properties.

The contrast with Martin County’s single-family sector is particularly interesting.

While single-family closed and pending sales declined, condo and townhome activity strengthened in both categories.

That makes the attached-home sector one of Martin County’s more encouraging market stories this September.

For sellers, reduced competition and faster successful sales create favorable conditions, provided properties are priced appropriately.

For buyers, fewer available options and stronger transaction activity make preparation important, although careful evaluation of community finances and ownership costs remains essential.

As Martin County moves into the final quarter of 2026, the key question will be whether the increase in pending sales translates into continued strength in completed transactions, particularly as inventory remains constrained.

For now, September’s figures suggest that Martin County’s condo and townhome market has gained meaningful transaction momentum compared with a year ago.

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