T
he Treasure Coast real estate market saw a mixed bag in May, with median home sale prices increasing in St. Lucie and Martin counties, but decreasing in Indian River County. According to local Realtor data, the median sale price rose to $609,500 in Martin County and $400,000 in St. Lucie County, while it fell to $386,190 in Indian River County.

    May saw a significant increase in home sales compared to previous months in 2025, with single-family homes flooding the market. "A lot of single-family homes come onto the market," said Jonathan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors. "We see it every single year."

    Prospective buyers may want to wait until September or October when buyer activity decreases and sellers become more receptive to negotiations. The 30-year and 15-year fixed mortgage rates also fell in May, reaching 7.03% and 6.36%, respectively.

    Home sales increased for all three counties in May compared to April: Martin County saw 188 homes sold, up from 167; St. Lucie County saw 529 homes sold, up from 492; and Indian River County saw 273 homes sold, up from 261. However, the number of homes on the market decreased for all three counties.

    The benchmark for a balanced market is 5½ months of inventory. In May, Martin County remained at 6.4 months, while St. Lucie County dropped to 5.9 months and Indian River County fell to 5.8 months. The median time between listing a house and signing a contract was longer in Martin and St. Lucie counties, with 54 days and 51 days respectively, compared to April.