Treasure Coast Real Estate Market Update: June 2025
The Treasure Coast continues to evolve, with notable shifts in the real estate landscape for June 2025. While residents enjoy the summer, prospective homebuyers are finding the market competitive yet stable across Martin, St. Lucie, and Indian River Counties.
Home Price Trends
Median Sale Prices
The median home sale prices in June presented a mixed bag across the region:
- Martin County: Increased to $648,000 from $609,500
- Indian River County: Rose to $392,975 from $386,190
- St. Lucie County: Decreased to $390,000, down from $400,000
This increase in Martin and Indian River Counties suggests a resilient market, defying typical seasonal fluctuations. According to local real estate experts, "We’re not seeing a drop in value," said Jonathan Lickstein, President of Broward, Palm Beaches & St. Lucie Realtors.
Sales Activity
Despite the summer excitement, the number of homes sold across all three counties witnessed a decline in June:
- Martin County: 177 homes sold, down from 188
- St. Lucie County: 483 homes sold, down from 529
- Indian River County: 249 homes sold, down from 273
Listings and Inventory
The real estate inventory has also decreased across the Treasure Coast:
- Martin County: 939 homes available, down from 1,008
- St. Lucie County: 2,536 homes available, down from 2,615
- Indian River County: 1,229 homes available, down from 1,294
The benchmark for a balanced market is approximately 5½ months of inventory. June saw a shift towards a seller’s advantage, encouraging appropriate pricing strategies among sellers.
Inventory Metrics
- Martin County: 5.9 months (down from 6.4)
- St. Lucie County: 5.8 months (down from 5.9)
- Indian River County: 5.5 months (down from 5.8)
Time to Contract
Interestingly, the time it takes for homes to secure contracts increased:
- Martin County: 56 days (up from 54)
- St. Lucie County: 52 days (up from 51)
- Indian River County: 59 days (up from 58)
This slight delay in securing contracts indicates a need for a strategic approach from buyers, even amid a competitive landscape.
Mortgage Rates
In a positive turn, mortgage rates decreased towards the end of June:
- 30-year fixed rate: 6.67%
- 15-year fixed rate: 5.80%
Lower mortgage rates could be a game-changer, making homeownership more accessible for many potential buyers.
Conclusion
As summer unfolds, the Treasure Coast real estate market is demonstrating a stability that bodes well for both buyers and sellers. With a significant number of newcomers, including residents like Carman Selezan from Connecticut, the area is seeing a vibrant influx of interest.
For those looking to explore the housing market further or take advantage of the current conditions, now could be an excellent time to consider making a move.
Related Insights:
- Indian River Lagoon: EPA Bans Sewage Discharges
- Real Estate Trends: Declines and Growth in the Treasure Coast
For more comprehensive insights into the local real estate market, keep an eye on ongoing updates and statistics.