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Market Snapshot: Jan 24, 2026
The market this week remains “cautiously optimistic” with a heavy emphasis on realistic pricing. Buyers are no longer rushing into over-asked offers, and properties that aren’t “turn-key” or are priced aggressively are seeing extended stays on the market.
Key Performance Indicators
| Metric | Current Estimate (Jan 2026) | Year-Over-Year Change |
| Median Sales Price | $378,845 | +47.1% (from late 2024 lows) |
| Average Days on Market | 109–117 Days | +25% Increase |
| Active Inventory | ~1,105 Homes | +50.8% Increase |
| Sale-to-List Ratio | 96.4% | Average 3–5% below list |
Core Trends & Analysis
1. The Inventory Surge
Inventory in Stuart and broader Martin County has climbed significantly, now sitting at roughly 5 months of supply. This is the closest the market has been to “neutral” territory in years. For buyers, this means more choices and less pressure; for sellers, it means your home is now competing against twice as many neighbors as it was last year.
2. Pricing Corrections
While the average list price remains high (hovering around $671,498 for all property types), the median sale price is much lower, reflecting a cooling in the mid-market segment.
- Houses: The average list price is holding at $1,692,328, catering to the luxury waterfront demand.
- Condos/Townhomes: This segment has seen more volatility, with average list prices dropping roughly 33% year-over-year to $361,529.
3. Buyer Behavior & Negotiation
The “take-it-or-leave-it” era for sellers is over. Current sales data from this week (Jan 20–22) shows homes selling for 2% to 8% below asking price.
Market Note: “Hot homes” still go pending in about 27 days, but the average property is taking nearly 4 months to close. Inspection-related concessions are becoming standard again.
Notable Recent Activity (Jan 17–24)
Several key closings this week highlight the current range:
- Waterfront/Luxury: A 3-bed, 2-bath home on SE Ashley Oaks Way sold for $795,000 (5% under list).
- Mid-Range: A townhome on SW Bentley Ln closed at $453,010 (2% under list).
- Entry/Condo: A 2-bed unit on SE Celestial Cir sold for $135,000 (4% under list) after 139 days.
Forecast for Late January
Expect the “sideways” pricing trend to continue through the end of the month. Mortgage rates are currently fluctuating between 5.8% and 6.2%, which is keeping a steady flow of “ready” buyers in the market without triggering a frenzy.
