According to the National Association of Realtors ® (NAR), existing‑home sales in the United States fell by 0.5 percent in April and were down two percent year‑over‑year. Yet prices for single‑family homes, townhomes, condominiums and co‑ops reached an all-time high for April.

After a small jump in February, single-family home prices on the Treasure Coast dropped in March due to the influx of new listings hitting the market.

The Treasure Coast real estate market is experiencing small fluctuations in median home sale prices. While St. Lucie County prices have remained steady, the median sale prices have decreased in Indian River County and have increased in Martin County. As a general trend, home prices have dropped in March due to the surge of new single-family home listings since January.

According to the National Association of Realtors ® (NAR), existing‑home sales in the United States fell by 0.5 percent in April and were down two percent year‑over‑year. Yet prices for single‑family homes, townhomes, condominiums and co‑ops reached an all-time high for April.

After a small jump in February, single-family home prices on the Treasure Coast dropped in March due to the influx of new listings hitting the market.

Due to rising inventory, prices on single-family homes in Palm Beach County dipped in March compared to the previous year, settling at a median of $625,000, with buyers having more to choose.

Publix’s construction boom is hard to miss—new supermarkets are popping up just blocks from existing ones across Broward and Palm Beach counties. With Florida’s population swelling from 18.8 million in 2010 to 23.3 million in 2024, the grocer says nearby stores help ease congestion and keep traffic flowing.

February brought notable increases across the Treasure Coast real estate market, according to recent Realtor® data, with rising home listings and median prices in Martin, St. Lucie, and Indian River counties. Alongside higher prices, the market also experienced an uptick in sales and home availability, pointing toward evolving market dynamics.

Real estate experts nationwide are predicting a more active spring market in 2025, with the National Association of Realtors forecasting moderate price increases and stabilizing mortgage rates. Jonathan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors®, emphasizes that South Florida continues to attract buyers despite reduced transaction volume and rising inventory.

The Treasure Coast real estate market, which was controlled by sellers at the start of 2024, appears to be shifting toward a buyer’s market as 2025 begins, according to local Realtors® associations. Inventories approached the 5½-month mark—often considered a “balanced” market—and the time to sell homes increased across all three counties compared to 2023.

Dionna Hall, CEO of Broward, Palm Beaches & St. Lucie Realtors®, emphasized the impact of investing in the future of their members with her recent article in South Florida Agent Magazine. Hall highlights the newly released commercial, “Perfect Strangers,” which is an extension of their award-winning campaign, ‘Only a REALTOR®.

The Sun Sentinel spotlights Broward, Palm Beaches & St. Lucie Realtors® president’s thoughts on whether to continue renting or take the leap into homeownership. Although both buying and renting markets are active, increased housing inventory in 2025 is likely to help stabilize prices and potentially encourage some sellers to convert their properties into rentals.

Inman News

Inman highlights the positive consumer-focused ad campaign Broward, Palm Beaches & St. Lucie Realtors® launched to help understand how to work with an agent. Led by President David Serle, the “Perfect Strangers” commercial aims to help everyday buyers understand the value a realtor brings.

“Only a Realtor® was built at a pivotal time for Realtors® and continues to serve as a long-term investment in the industry’s future,” said Dionna Hall, CEO of Broward, Palm Beaches & St. Lucie Realtors®,” in the release. “The commercial’s powerful message emphasizes how Realtors® are indispensable in the home buying process, providing their clients a sense of security during one of their largest investments — buying a home.”

“Realtors® are multi-faceted experts who juggle an array of complex scenarios for their clients while getting them to the closing table and underscores the relationships built along the way,” said David Serle, president of Broward, Palm Beaches & St. Lucie Realtors®, in the statement.

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As 2025 approaches, South Florida’s high-cost housing market is expected to offer better prices, greater inventory, and more choices for buyers and renters. David Serle, president of Broward, Palm Beaches & St. Lucie Realtors®, notes that prices have started to level off, which will encourage potential home buyers or renters to take their time, compare options, and negotiate deals.

Jonathan Lickstein, Incoming President of Palm Beaches & St. Lucie Realtors®, emphasizes the historic year for real estate in Florida, from newly enacted state legislation to compensation and representation rule changes for Realtors nationwide. South Florida has experienced increased housing supply, especially in condos, though demand has lagged.

The Clear Cooperation Policy (CCP) was notably absent from discussions at the 2024 NAR NXT conference, despite being a hotly debated issue in real estate over the last year. Dionna Hall, CEO of Broward, Palm Beaches & St. Lucie Realtors®, shared her thoughts in an interview following the event.

Before Hurricane Milton made landfall on October 9, data reflected a sellers’ market along the Treasure Coast. David Serle, president of Broward, Palm Beaches & St. Lucie Realtors®, has addressed his thoughts in a recent interview with TC Palm.

Our 2024 President, David Serle, spoke with the Sun Sentinel about the current state of Broward County’s residential real estate market. According to our July market reports, there were nearly 9,000 active listings of townhouses and condos in July throughout the county, as opposed to about 4,500 active townhome and condo listings in July of last year.

To combat the increasing housing costs in Palm Beach, the county’s Workforce Affordable Housing Development program is getting a big boost in the form of more than $2 million in federal funding. Our very own association president, David Serle, recently offered his insight in an interview with WPBF 25.

Our CEO, Dionna Hall, recently spoke with Real Estate News about the industry's changes as of August 21. Over the past year, we have armed members and informed consumers with essential information that reinforces the importance of Realtors® as essential contributors to real estate.

How are Realtors® navigating the recent settlement changes from NAR? “Since Aug. 17, I have been relieved to see our local Realtors® are having success obtaining buyer written agreements and are confident in their abilities to make the needed changes to comply with the settlement,” said Dionna Hall, Chief Executive Officer of Broward, Palm Beaches & St. Lucie Realtors® and BeachesMLS.

Florida leads the nation in the number of Realtors® in the state. What do Buyers and Sellers need to know about the recent NAR changes? "These are the changes we are faced with, and we need to embrace and lean into this and not try and circumvent the rules," said President of the Broward, Palm Beaches, and St. Lucie Realtors David Serle. "Our job is to make sure that it's more transparent and to protect the consumer going forward, even more than we had in the previous years."