Illustrated Properties Luxury Report

TREASURE COAST AND MARTIN COUNTY SERENITY IN PARADISE

The Treasure Coast/Martin County luxury residential market had a quieter second quarter of 2026, with high-end single-family transactions down 6.5% year-over-year to 376, while the average sales price rose 2.2% to $2.78 million. Luxury condominium sales fell 16.9% year-over-year, with the average price dropping 11.9% to $1.89 million. The region’s long-term growth story stands on its own: a steady pull of tri- county buyers moving north for more space, a slower pace, and a waterfront lifestyle at a different scale, all within easy reach of Palm Beach’s main hubs. Vero Beach enjoyed a 5.2% year-over-year jump in single- family sales to 221, with Indian River Shores also gaining 6.7%. Jupiter Island (10%) was the only year-over- year transaction gainer on the high-end condo side.

Single Family Homes

% Change (1 Year)

% Change (1 Quarter)

SINGLE FAMILY HOMES

Q2 2025

Q1 2026

Q2 2026

Number of Sales

402

343

376

▼6.5%

▲9.6%

Average Sales Price

$2,720,068

$2,578,821

$2,779,235

▲2.2%

▲7.8%

Median Sales Price

$1,660,000

$1,800,000

$1,687,500

▲1.7%

▼6.3%

Average Square Footage

3,452

3,441

3,432

▼0.6%

▼0.3%

Price Per Square Foot

$708

$709

$756

▲6.8%

▲6.7%

Average DOM

142

138

141

▼1.0%

▲1.5%

Sales Sold at Original List Price

23

27

23

▲0.0%

▼14.8%

Top Sale Price

$38,750,000

$29,000,000

$23,500,000

▼39.4%

▼19.0%

Total Sale Volume

$1,093,467,505

$884,535,692

$1,044,992,544 ▼4.4%

▲18.1%

Condos & Townhomes

% Change (1 Year)

% Change (1 Quarter)

CONDOS/TOWNHOMES

Q2 2025

Q1 2026

Q2 2026

Number of Sales

71

63

59

▼16.9%

▼6.3%

Average Sales Price

$2,139,437

$1,718,794

$1,885,176

▼11.9%

▲9.7%

Median Sales Price

$2,100,000

$1,550,000

$1,500,000

▼28.6%

▼3.2%

Average Square Footage

2,689

2,273

2,588

▼3.8%

▲13.9%

Price Per Square Foot

$808

$760

$738

▼8.8%

▼3.0%

Average DOM

190

146

106

▼44.4%

▼27.5%

Sales Sold at Original List Price

9

3

0

▼100.0%

▼100.0%

Top Sale Price

$4,100,000

$3,500,000

$3,900,000

▼4.9%

▲11.4%

Total Sale Volume

$151,900,000

$108,284,000

$111,225,360

▼26.8%

▲2.7%

TREASURE COAST 2026 | Q2 LUXURY REPORT

LUXURY REPORT

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