St. Lucie County Condos & Townhomes Market Update – July 2026

St. Lucie County Condos & Townhomes Real Estate Statistics – July 2026

St. Lucie County’s condo and townhome market delivered some strong numbers in July, with the median sale price climbing into double-digit growth and closed sales increasing significantly compared with last year. At the same time, available inventory continued to fall, although buyers still have a relatively healthy supply of properties to choose from.

The standout figures this month are a 13% increase in the median sale price and a 17% rise in closed sales, even as active inventory declined 16%.

Let’s take a closer look.

Market Breakdown – July 2026 vs. July 2025

Median Sale Price: $319,950

📈 Up 13% year-over-year

The median sale price increased substantially compared with last July, reaching $319,950.

As with any monthly median, the mix of condos and townhomes sold can influence the figure, particularly in a smaller market segment. However, combined with the increase in closed sales, July’s numbers point to a healthy level of buyer activity.

Closed Sales: 82 properties

📈 Up 17% year-over-year

Closed sales increased significantly compared with July 2025. More buyers successfully completed condo and townhome purchases, providing another encouraging sign for this segment of the St. Lucie County market.

Active Inventory: 641 properties

🔻 Down 16% year-over-year

Available inventory continued to decline, leaving buyers with fewer condos and townhomes to choose from than they had a year ago.

However, the condo and townhome market still offers considerably more supply relative to demand than the county’s single-family home sector.

Pending Sales: 87 contracts

🔻 Down 1% year-over-year

Pending sales were essentially unchanged, dipping just 1% compared with last July.

While closed sales increased substantially, the relatively flat pending figure suggests future activity may be steadier rather than continuing at the same double-digit growth rate.

Months of Inventory: 7.8 months

🔻 Down 26% year-over-year

Supply has tightened dramatically compared with last year, falling 26%.

However, at 7.8 months, buyers still have a relatively healthy amount of inventory available. That creates a noticeably different environment from St. Lucie County’s single-family market and can provide buyers with more time and negotiating flexibility.

Days on Market: 93 days

📈 Up 3% year-over-year

Condos and townhomes are taking slightly longer to sell, with the typical property spending more than three months on the market.

This suggests buyers remain selective and are taking time to compare properties, communities, HOA costs, assessments, insurance, reserves, and amenities before committing to a purchase.

New Listings: 99 properties

📈 Up 1% year-over-year

New listings were essentially unchanged from last July, increasing by just 1%.

With active inventory declining considerably despite a similar flow of new listings, the overall supply of available condos and townhomes continues to gradually contract.

What This Means for You

Buyers

The St. Lucie County condo and townhome market presents an interesting environment for buyers.

Prices have risen and inventory is lower than last year, but 7.8 months of supply and a 93-day median selling time mean buyers generally have more breathing room than they do in the single-family market.

That can create opportunities to compare properties carefully and potentially negotiate, particularly on homes that have been available for an extended period.

Buyers should also carefully review HOA finances, reserves, assessments, insurance, maintenance obligations, and community restrictions before purchasing.

Sellers

July provides encouraging news for sellers, particularly the 13% increase in median price and 17% jump in completed sales.

However, 93 days on market and relatively flat pending sales show that buyers aren’t necessarily rushing into purchases.

Accurate pricing, strong presentation, and transparent information about HOA costs and community finances can make an important difference when competing for buyers.

Investors

St. Lucie County condos and townhomes continue to offer a comparatively accessible entry point for real estate investors.

The combination of rising sale prices and stronger transaction activity is encouraging, but investors should carefully evaluate HOA expenses, rental restrictions, assessments, insurance, taxes, and realistic rental income when considering individual properties.

Final Thoughts

July’s numbers show a St. Lucie County condo and townhome market with stronger sales and pricing but considerably more buyer breathing room than the single-family sector.

The median sale price increased 13%, closed sales rose 17%, and active inventory declined 16%. At the same time, properties took an average of 93 days to sell and 7.8 months of inventory remained available.

That’s an important distinction. Supply has tightened substantially compared with last year, but this isn’t necessarily a market where buyers need to rush into every opportunity.

For sellers, increasing sales activity and reduced competition are positive signs. For buyers, the relatively generous supply and longer selling times may provide opportunities to negotiate and carefully evaluate the right property.

As we move through the second half of 2026, St. Lucie County’s condo and townhome sector remains one of the more interesting segments of the local housing market.

Back to Palm Beach Blog