August 2025 Treasure Coast Real Estate Market Snapshot

Sliding into August 2025, the real estate tides along the Treasure Coast are officially shifting—and as your local "mermaid" real estate pro, I've been swimming deep for the data you need. Whether you’re an eager seller or a hopeful homebuyer with salt in your hair and a plan in your pocket, here’s what you need to know beneath the surface.

Rising Inventory: A Sea Change for Buyers

If 2024 was the year of tight inventory and frenzied bidding, 2025 has ushered in much calmer waters. Right now, the Treasure Coast—especially areas like Stuart’s Mariner Cay—shows a surge in listings. In August, Mariner Cay boasts three homes and ten condos for sale. Condos are floating between $319,900 and $549,900 (averaging $300/sq ft), while single-family homes are in the oceanfront luxury range, from $1.99M to $2.99M (that’s about $750/sq ft).

This sudden swell isn’t unique to Mariner Cay. Earlier this year, the market saw a jaw-dropping 54% increase in new listings across Martin and St. Lucie counties—not sure about you, but for a local broker like me, that’s a lot of shoreline to cover!

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Prices: Moderating, Not Sinking

Let’s talk sand dollars and cents. Martin County’s median sale price in July was $465,000. That’s a 5.1% dip compared to last year. Condos and townhouses, even across all of Florida, saw their biggest year-over-year price drop since 2011—down 6% to a $315,000 median.

But the news isn’t gloomy everywhere: luxury waterfront homes are still fetching premium prices. Single-family beauties hit a median of $648,000 locally this June, up an impressive 3.68%. So, if you’re selling something with a view of the waves, you’re still navigating friendly waters.

Slow Drift: Days on Market Are Up

The current is definitely slower this year. Take Mariner Cay: recently, a condo lingered on the market for 322 days before closing at $365,000 (and 86% of the original list price). Four single-family homes there averaged almost 200 days before selling, typically at 93% of list.

Zoom out to the broader Treasure Coast, and you’ll see similar patterns: homes sitting longer, more price drops, and a general cooling compared to last summer’s whitecaps. No more racing to submit offers at midnight—the pace is more "sunset cruise" than "jet ski."

More Fish in the Sea: Supply Blooms

For the first time in recent memory, the Treasure Coast has enough options to satisfy buyers and then some. Single-family homes have a 5.6-month supply, and condos/townhouses are up to 10.3 months of inventory—a stark contrast from the drought we weathered over the past few years.

That means buyers can actually…wait for it…think things over! And guess what? In Mariner Cay, no properties are currently under contract. That’s practically unheard of and gives house hunters the real upper fin.

Market Mood: A Buyer’s Market Emerges

Lately, more sellers are swimming toward realism—dropping prices, making repairs, and offering creative incentives just to keep serious buyers hooked. The market has finally turned the tide, giving folks who were priced out in 2023 and 2024 some much-deserved hope.

Waterfront properties are especially interesting. They’re still performing well, but even here, buyers are holding the trident in negotiations. Meanwhile, that $300K–$500K range is seeing the most deals, while higher-end properties (especially condos) are taking longer to move.

Navigating the Current: Tips for Sellers & Buyers

For Sellers:

• Price competitively from the start; buyers aren’t biting on “fishing expedition” prices anymore.
• Prep your home to stand out—fresh paint, tidy landscaping, and great photos cut through the noise.
• Flexibility is key. Be ready to negotiate, and don’t be afraid to offer creative incentives.

If you want to know exactly what your slice of paradise might fetch, grab your instant home value estimate or request a detailed home evaluation.

For Buyers:

• Take your time—but not too much! The best homes (or condos with killer marina views) are still getting scooped up.
• Don’t be shy about making an offer below asking if a place has lingered on the market.
• Consider areas with more inventory for extra leverage, or check our latest listings to start your search.

My Takeaway: The Tide Has Turned

As your trusted Treasure Coast mermaid, I’ve never seen as dramatic a shift from feeding frenzy to “sit back and survey the reef.” The bottom line? We’re in a buyer’s market for the first time in years—inventory is up, prices are leveling, and the negotiating power lies with those ready to make a splash (not just a ripple).

Whether you’re buying or selling, the trick is to stay nimble, know your market, and work with a pro who knows these waters like her own backyard lagoon. Dive deeper with me and see how to chart your course for success at Connect Homeowners.

Let me know your real estate questions in the comments, and I’ll be back soon with your next local tides update!