There are about 19% fewer homes for sale on the Treasure Coast than there were a year ago, and it isn’t because buyers swept them up. Sales are running close to last year’s pace. What changed is that fewer homeowners are listing. That one shift has moved all three of our counties from a market that leaned toward buyers to one that’s much closer to even.
When I say the Treasure Coast, I mean Martin, St. Lucie, and Indian River counties. That covers Stuart, Palm City, Jensen Beach, Port St. Lucie, Fort Pierce, Vero Beach, Sebastian, and everything in between. Every number here comes from Beaches MLS, the shared database local agents use to track every home listed and sold. I’m comparing September 2026 with September 2025, and unless I say otherwise, the numbers include every kind of home together, from houses to condos to manufactured homes. If any term here is new to you, my guide to reading a real estate market report explains each one in plain language.
The Big Picture Across the Treasure Coast
In September 2026, 6,432 homes were for sale across the three counties. A year ago, there were 7,968. That’s a drop of about 19%, and every county shared in it. Martin and Indian River each have about 25% fewer homes listed. St. Lucie has about 15% fewer.
It would be easy to read that as a buying frenzy. It isn’t. So far this year, 10,132 homes have closed across the three counties, compared with 9,967 by this point last year. That’s about 2% more, which is close to flat. In September alone, 1,004 homes went under contract, almost exactly matching last September’s 997.
The real change is on the supply side. Through September, 15,349 new listings came on the market, compared with 17,398 last year. That’s almost 12% fewer homes coming in to replace the ones that sold. When fewer homes come on and buyers keep buying at the same pace, the number of homes for sale goes down.
Months of Supply Fell in All Three Counties
The number I find most useful for understanding a market is months of supply, which the MLS calls the absorption rate. It tells you how long it would take to sell every home currently listed if nothing new came on the market, at the pace homes have been selling this year.
A year ago, all three counties were between 7 and 8 months. Today, they’re all between 5 and 6. Agents often describe about six months as a balanced market, where neither buyers nor sellers have a clear advantage. Above that, buyers have more leverage. Below it, sellers do. The Treasure Coast has moved from the buyer’s side of that line to right around the middle.
How the Three Counties Compare
The counties moved in the same direction on supply, but they don’t look alike on speed or price.
| September 2026 | Martin | St. Lucie | Indian River |
| Homes for sale | 1,854 (down 25%) | 3,672 (down 15%) | 906 (down 25%) |
| Months of supply | 5.5 (was 8.2) | 5.9 (was 7.2) | 5.3 (was 7.9) |
| Median sale price | $460,000 | $380,000 | $367,500 |
| Median sale price, year to date | $463,444 (up less than 1%) | $380,000 (flat) | $385,000 (down 1%) |
| Median days on market | 44 (was 75) | 56 (was 47) | 46 (was 63) |
| Homes sold, year to date | 3,021 (up 8%) | 5,575 (down 2%) | 1,536 (up 4%) |
Days on market here count from the day a home was first listed, even if it was taken off the market and relisted later, so they reflect how long sellers really waited.
Martin County
Martin had the most dramatic change in speed. The typical home that sold in September had been on the market 44 days, compared with 75 a year ago. Sales so far this year are up about 8%, the strongest of the three counties, while new listings are down almost 16%.
The September median sale price of $460,000 was up 7% from last September. I wouldn’t read too much into one month, though. For the year to date, Martin’s median is $463,444, up less than 1%. Prices are steady at a higher level than the rest of the Treasure Coast.
St. Lucie County
St. Lucie is the largest market of the three, with more homes for sale than Martin and Indian River combined. It’s also the one county where homes are taking longer to sell. The median went from 47 days to 56.
There’s good news in the St. Lucie numbers too. Pending sales were up almost 4% in September, at 582 compared with 560, even though closings were down. Buyers are still signing contracts. The median sale price held at $380,000, the same as this time last year.
The slowdown is concentrated in two places, homes priced above $500,000 and condos and townhomes. I cover both in detail in my [St. Lucie County market update](BLOG LINK).
Indian River County
Indian River had the biggest drop in supply. Months of supply fell from 7.9 to 5.3, and the typical home sold in 46 days, down from 63. Sales are up about 4% this year, while new listings are down about 14%.
The median sale price in September was $367,500, up 2%. The average was $579,609, more than $200,000 higher, because a smaller number of high-end sales pull the average up. That’s one reason I always use the median when talking about what a typical home sells for. More in my [Indian River County market update](BLOG LINK).
Your Price Range Matters More Than the County Average
A county-wide number blends every price range together, and on the Treasure Coast the ranges are behaving differently. Here’s months of supply broken out by price, which I worked out from the MLS sales and listings in each price range, the same way the overall number is figured.
| Months of supply, September 2026 | Under $300,000 | $300,000 to $499,999 | $500,000 and up |
| Martin | 5.7 | 4.6 | 5.9 |
| St. Lucie | 5.5 | 5.3 | 8.3 |
| Indian River | 4.4 | 4.6 | 6.8 |
Everything under $500,000 is under six months of supply in all three counties, and that’s where most Treasure Coast homes sell. St. Lucie above $500,000 stands out at more than 8 months, with about 1,000 homes listed in that range.
What This Means If You’re Selling
The market is in a better place for sellers than it was a year ago. With fewer homes listed, there’s less competition for your buyer’s attention, especially under $500,000. In Martin and Indian River, homes are selling noticeably faster.
That doesn’t mean any price will work. Buyers on the Treasure Coast are still careful. Single family homes in St. Lucie County sold for 94.3% of their original asking price in September, on average, and 97.5% of their final list price. In Indian River, it was 93.4% and 96.7%. The gap between those two numbers is mostly price reductions. Homes that start at the right price tend to lose less along the way and sell sooner. If anyone suggests pricing high to leave room to negotiate, ask them to show you what that has cost other sellers. These numbers are the answer.
If you’re in St. Lucie County, priced above $500,000, or selling a condo or townhome in St. Lucie, plan for a longer timeline. Build that into your moving plans and any purchase that depends on your sale closing first.
What This Means If You’re Buying
You have fewer homes to choose from than you did last year, and the well-priced ones in the middle price ranges aren’t sitting around. In Martin and Indian River, the typical home now sells in about six or seven weeks. Have your financing approved and know your limits before you start touring.
You still have room to negotiate. Prices are holding steady rather than climbing, and homes in most price ranges are still selling below asking. Your best leverage is in St. Lucie County above $500,000, and with homes that have been on the market for a while.
Insurance, HOA fees, and the age of the roof can change what a home really costs you each month as much as the price does. I ask about all three before my buyers make an offer, and you should too.
Questions I’m Hearing About the Treasure Coast Market
Is it a buyer’s market or a seller’s market on the Treasure Coast?
It’s close to balanced. In September 2026, Martin, St. Lucie, and Indian River counties all had between 5.3 and 5.9 months of supply, down from 7 to 8 months a year earlier. Homes under $500,000 lean slightly toward sellers. Homes above $500,000 in St. Lucie County lean toward buyers.
Are home prices going down on the Treasure Coast?
Not in a meaningful way. Year to date through September 2026, the median sale price was up less than 1% in Martin County, unchanged in St. Lucie County at $380,000, and down about 1% in Indian River County.
Why are there fewer homes for sale?
Fewer homeowners are listing. New listings across the three counties are down almost 12% so far this year, while sales are about 2% ahead of last year.
How long does it take to sell a home on the Treasure Coast?
In September 2026, the median time from first listing was 44 days in Martin County, 46 days in Indian River County, and 56 days in St. Lucie County.
Want the Numbers for Your Neighborhood?
County numbers are a starting point, but what matters most is what’s happening on your street. Tell me where you live, and I’ll pull what’s for sale near you, what’s under contract, and what has sold recently. I put these reports together myself from the MLS, so if anything raises a question, just reply and ask.
[Request your neighborhood report]
Michele Scherger, Pinnacle Real Estate Group
Source: Beaches MLS, September 2026 vs. September 2025, all residential property in Martin, St. Lucie, and Indian River counties. Information deemed reliable but not guaranteed.
