Martin County Total Home Sales Climb
Martin County total home sales increased year-over-year, according to September 2026 statistics released today by MIAMI REALTORS® + RWorld, the MIAMI MLS, and BeachesMLS.
Martin County total home sales rose 2% year-over-year, from 254 to 258.
“Martin County is a small town with big city access, and more and more people are falling in love with our lifestyle and region,” said Michael Ponte, MIAMI REALTORS® + RWorld Martin County REALTORS® of the Treasure Coast President.
Top Martin County rankings:
Martin County ranked #7 Best County for Retirees in America via Niche
Stuart is ranked #7 Best Coastal Small Town in America via USA TODAY 10BEST Readers’ Choice Awards
Florida ranks No. 2 Fishing State in the U.S. via Stuart, which has hosted major sailfish tournaments since the 1930s, is internationally recognized as the Sailfish Capital of the World
Martin Total Home Sales Rise
Martin County total home sales rose 2% year-over-year in September 2026, from 254 to 258. Condo transactions increased 13.92% year over year, from 79 to 90. Single-family home sales decreased 4% year over year, from 175 to 168.
Fannie Mae and Freddie Mac eliminated the limited review option for many condo loans on Aug. 3, 2026. For decades, Florida condominium borrowers and owners faced stricter lending standards and higher financing hurdles than those in many other states. The updated guidelines are expected to create a more transparent and financially secure lending environment.
Martin County Prices
Martin County condo prices increased 7.95% year-over-year in September 2026, from $220,000 to $237,500. Condo inventory is declining year-over-year, which will put upward pressure on prices.
Martin County single-family home median sale prices increased 5.26% year-over-year in September 2026, from $570,000 to $600,000.
MIAMI + RWorld Offering First-Time Homebuyer Grants to Support Housing Affordability
MIAMI REALTORS® + RWorld supports its community through two foundations, including the RWorld Community Foundation, which is committed to expanding access to homeownership and helping families achieve financial stability. Over the past five years, the RWorld Foundation has contributed $180,000 toward closing costs for low-income South Florida homebuyers, helping reduce the upfront financial barriers to purchasing a home.
The RWorld Community Foundation offers eligible first-time homebuyers purchasing a residence in Broward, Palm Beach, or St. Lucie County grants of up to $2,500 toward closing costs. Grant guidelines include: applicants must be first-time homebuyers or have not owned a home in the past three years, must be employed, and have low-income levels as defined by the Florida Bond Program. More info: https://rworldcares.com/closing-costs-grant
MIAMI REALTORS® + RWorld continues to support cross-sector stakeholder solutions – like removing obstacles to permitting and zoning, funding the Florida Hometown Heroes Program, and creating pathways for accessory dwelling units (ADUs) – to facilitate both the creation and preservation of safe and affordable housing.
Miami’s surging multifamily market and the Florida Live Local Act should boost affordability in the future. Southeast Florida ranks No. 1 in the U.S. for most multifamily construction, according to MIAMI REALTORS® Research. This is important because it adds more overall housing/apartment supply to a city, creates more affordability, and adds to Miami’s economic growth.
Florida’s Live Local Act, which was passed in 2023 and amended in May 2024, is encouraging developers to build more affordable housing. The Live Local Act gives developers the highest density allowed in a local area if they allocate 40% of their units for affordable housing. The state law defines an affordable unit as being at or below 120% of an area’s median income.
Miami remains a bargain in comparison to other global cities. For $1M, homebuyers can purchase 58 square meters of prime property in Miami, according to the 2026 Knight Frank Wealth Report. That is almost four times more than Monaco (16 square meters), nearly two times more than New York (34) and London (33), and more than Paris (37) and Tokyo (37) and more.
Elevated Mortgage Rates Climb Impacting Home Sales
Mortgage rates have risen nearly 0.6 percentage points since September 1, 2026, to 7.46% as of Oct. 13, 2026. Home sales are sensitive to mortgage rate increases.
A combination of inflationary pressures, federal debt, and competition for investor capital is keeping rates elevated.
“We are continuing to see the negative impact of soaring mortgage rates on homebuyers, but upper-end buyers have remained active, with this trend likely to continue through next year as mortgage rates remain elevated,” MIAMI REALTORS® + RWorld Chief Economist Gay Cororaton said.
Total Martin County Inventory Declines
Total active listings at the end of September 2026 decreased 20.9% year-over-year, from 1,449 to 1,145. Decreasing supply means more buyer competition and upward price pressure.
Inventory of single-family homes decreased 18.13% year-over-year in September 2026, from 833 active listings last year to 682 last month.
Condominium inventory decreased 24.84% year-over-year in September 2026, from 616 to 463 listings during the same period in 2025, but the total is still significantly below pre-pandemic.
Months’ supply of inventory for single-family homes is 3.6 months, which indicates a seller’s market. Inventory for existing condominiums is 5.1 months, which indicates a seller’s market. A balanced market between buyers and sellers offers between six and nine months’ supply.
Nationally, total housing inventory is 1.60 million units, according to NAR. That is up 4.6% from September 2025. There is a 4.8-month supply of unsold inventory, up from 4.5 months a year ago.
Martin County Dollar Volume
Martin total dollar volume decreased 2.84% year-over-year in September 2026 to $178 million.
Single-family home dollar volume decreased 8.09% year-over-year to $150 million. Condo dollar volume increased 31.70% year-over-year to $25 million.
Martin County Distressed Sales Remain at Historic Lows, Reflecting Healthy Market
Only 1.6% of all closed residential sales in Martin County were distressed last month, including REO (bank-owned properties) and short sales.
Short sales and REOs accounted for 0.3% and 1.2%, respectively, of total Martin County sales in September 2026.
State & National Sales
In Florida, closed sales of single-family homes statewide totaled 20,537 in September 2026, down 3.5% year-over-year, while existing condo-townhouse sales totaled 7,179, down 0.1%.
The statewide median sales price for single-family existing homes was $415,000, up 1.2% year-over-year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month’s statewide median price for condo-townhouse units was $293,500, down 1.8% vs. last year. The median is the midpoint; half the homes sold for more, half for less.
Nationally, total existing home sales increased 2.2% year-over-year to a seasonally adjusted annual rate of 3.99 million, according to NAR. Median existing home prices increased to $417,500, up 1.3% from one year ago ($412,300) – the 39th consecutive month of year-over-year price increases.
Martin County Real Estate Attracting Near List Price
The median percent of original list price received for single-family homes was 95% in September 2026. The median percent of original list price received for existing condominiums was 92%
The median number of days between listing and contract dates for Martin County single-family home sales was 39 days, up from 62 days last year. The median time to sale for single-family homes was 78 days, up from 109 days last year.
The median number of days between the listing date and contract date for condos was 68 days, up from 125 days. The median number of days to sale for condos was 103 days, up from 154 days.
Martin County Cash Sales More Than National Figure
Cash sales represented 42.2% of Martin County closed sales in September 2026, compared to 39.7% in September 2025. About 27% of U.S. home sales are made in cash, according to the latest NAR statistics.
Cash buyers are not deterred by rising rates. The high percentage of cash buyers reflects South Florida’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash, as well as some moving from more expensive U.S. markets who can buy more with their profits from real estate sales.
Cash sales accounted for 58.9% of all Martin County existing condo sales and 33.3% of single-family transactions.
To access September 2026 Martin County Statistical Reports, visit http://www.SFMarketIntel.com
Note: Statistics in this news release may vary depending on reporting dates. MIAMI reports exact statistics directly from its MLS system.
About MIAMI REALTORS® + RWorld
MIAMI REALTORS® + RWorld was chartered by the NATIONAL ASSOCIATION OF REALTORS® in 1920, and is celebrating 106 years of service to REALTOR® members, the buying and selling public, and the communities in South Florida. Composed of eight boards: MIAMI RESIDENTIAL, COMMERCIAL; BROWARD; JTHS; PALM BEACH; TREASURE COAST; YOUNG PROFESSIONALS NETWORK (YPN); and the Corporate Board of Directors. MIAMI REALTORS® + RWorld represent approximately 93,000 total real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local REALTOR® association in the world and has official partnerships with 307 international organizations worldwide. MIAMI REALTORS® + RWorld, along with their respective Multiple Listing Services, MIAMI MLS and BeachesMLS, merged on May 11, 2026, in the largest merger in NAR history. The organization’s proposed new name will be Miami and South Florida REALTORS®, pending approval by NAR. MIAMI’s official website is www.MiamiRealtors.com. RWorld’s official website is www.RWorld.com