New Riverland resident discusses her move to the Treasure Coast
Carman Selezan, of Connecticut, is just one of the hundreds of new residents who is making the move to the Treasure Coast this summer.
- The median home sale price increased for St. Lucie and Martin counties.
- The median home sale price decreased for Indian River County.
- May had the most home sales compared to previous months in 2025.
The Treasure Coast real estate market in May saw the median home sale price increase in St. Lucie and Martin counties, while the median sale price in Indian River County fell, according to local Realtor data.
Summer typically is the most competitive time to buy a home on the Treasure Coast. May had the most home sales compared to previous months in 2025.
“A lot of single-family homes come onto the market,” explained Jonathan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors. “We see it every single year.”
If you’re a prospective homebuyer — who is not scrambling to get children ready for the next school year — “you are better off waiting until September, October,” Lickstein said, when there’s less buyer activity and sellers are more receptive to negotiate.
The 30-year and 15-year fixed mortgage rates fell to 7.03% and 6.36%, respectively, during the last week of May, according to Freddie Mac’s mortgage survey.
Home prices
The median sale price increased for Martin and St. Lucie counties and decreased for Indian River County in May compared to April:
- Martin: $609,500, up from $600,000
- St. Lucie: $400,000, up from $395,000
- Indian River: $386,190, down from $389,450
Home sales
The number of homes sold increased for all three Treasure Coast counties in May compared to April:
- Martin: 188, up from 167
- St. Lucie: 529, up from 492
- Indian River: 273, up from 261
Home listings
The number of homes on the market decreased for all three Treasure Coast counties in May compared to April:
- Martin: 1,008, down from 1,016
- St. Lucie: 2,615, down from 2,763
- Indian River: 1,294, down from 1,309
Home inventory
The benchmark for a balanced market — favoring neither buyers nor sellers — is 5½ months of inventory. Anything higher is considered a buyer’s market, and anything lower is a seller’s market. St. Lucie and Indian River counties leaned less toward a buyer’s market in May compared to April:
- Martin: 6.4 months, unchanged
- St. Lucie: 5.9, down from 6.2
- Indian River: 5.8, down from 5.9
Time to contract
The median time between a seller listing their house and signing a contract was longer in Martin and St. Lucie counties in May compared to April:
- Martin: 54 days, up from 37 days
- St. Lucie: 51, up from 47
- Indian River: 58, unchanged
Jack Randall is TCPalm’s economy and real estate reporter. You can reach him at jack.randall@tcpalm.com or 904-466-4755.