Fort Pierce Condominium Market Update – July 2026

If you're considering buying or selling a condominium in Fort Pierce, understanding current market conditions is an important step in making an informed real estate decision.

I'm Tom Dunphy Realtor, a Florida real estate sales associate with Fulton Grace Realty, and Thomas J. Dunphy III, State-Certified Residential Real Estate Appraiser RD8755. Through TomDunphySellsRealEstate.com, I publish local real estate market reports combining current MLS statistics with nearly three decades of residential valuation experience.

The Fort Pierce condominium market remained generally stable as of July 2026, with increasing sales activity accompanied by a substantial increase in available inventory and housing supply.

Appraiser's Perspective

Thomas J. Dunphy III, State-Certified Residential Real Estate Appraiser RD8755

From an appraisal perspective, the Fort Pierce condominium market is considered generally stable, although current conditions include both increasing and declining indicators.

There were 74 settled sales during the most recent three-month period, compared with 65 sales during the prior four-to-six-month period. Combined, the current six months produced 139 settled sales, compared with 119 during the prior seven-to-twelve-month period.

The absorption rate has increased throughout the periods analyzed, rising from approximately 19.83 sales per month during the prior seven-to-twelve months to 21.67 during the prior four-to-six months and 24.67 sales per month during the most recent three months.

Available inventory, however, increased substantially. Active condominium listings rose from 111 during the prior seven-to-twelve-month period to 135 during the prior four-to-six months and 197 during the current three-month period.

That increase in inventory contributed to additional housing supply. Months of housing supply increased from 5.60 months during the prior seven-to-twelve-month period to 6.23 months during the prior four-to-six months and 7.99 months during the current three-month period.

Median sale prices remained generally stable. The median comparable sale price was $202,000 during the prior seven-to-twelve months, $220,000 during the prior four-to-six months and $202,450 during the current three months.

Median days on market for settled sales improved to approximately 92 days during the current three-month period, compared with 104 days during the prior four-to-six months and 95 days during the prior seven-to-twelve months.

Current active listings have a median marketing time of approximately 90 days, down from 155 days during the prior four-to-six-month period and 200 days during the prior seven-to-twelve-month period.

The median comparable list price increased significantly throughout the periods analyzed, rising from $219,000 to $259,000 and then to $289,000 during the most recent three-month period.

The increase in current list pricing, when viewed alongside generally stable settled-sale pricing and nearly eight months of housing supply, makes property-specific pricing particularly important.

Based on the available data, typical exposure and marketing periods for Fort Pierce condominiums are approximately three to six months.

Overall, the market remains stable, with improving absorption and sales activity offset by significantly increased inventory and housing supply.

For condominium properties, market value can vary considerably depending on the individual project and unit, including location, building age, floor level, view, living area, condition, renovations, amenities, parking, association fees, assessments, insurance and other property and project characteristics.

Individual condominium communities and units should therefore be analyzed within their appropriate competitive markets rather than relying solely on broader Fort Pierce condominium statistics.

Tom the Realtor's Perspective

For Buyers

For buyers considering a Fort Pierce condominium, my first step is determining which communities and properties best fit your needs.

That includes your price range, preferred number of bedrooms and bathrooms, living area, floor level, views, parking, community amenities, location, monthly condominium or association fees and the individual property features that matter most to you.

Once we've identified the communities that fit your needs, we can narrow the search to the buildings and individual units that make the most sense for you.

When you become seriously interested in a condominium, the analysis doesn't stop with the unit itself. We also need to investigate the condominium project and association.

I will help obtain and review available condominium and association information with you. We will look for items that warrant additional attention, including association fees, available budgets and financial information, reserves, current or pending special assessments, insurance information, applicable structural or milestone inspection information, maintenance projects, association rules and other matters that could affect your purchase or future ownership costs.

If a special assessment exists, we want to understand what the assessment is for, how much remains outstanding, the payment schedule and how it will be addressed as part of the transaction.

If the available information raises questions requiring legal, accounting, engineering, insurance or other specialized advice, I will recommend that you have the appropriate professional review those issues before proceeding.

Once we identify a unit you want to pursue, I can prepare a Comparative Market Analysis (CMA) using relevant comparable sales and competing listings to help develop an offer strategy supported by the individual property's market data.

With median settled-sale marketing time currently around three months and nearly eight months of housing supply, buyers may have additional opportunities to compare available properties and evaluate pricing. However, I still want my buyers financially prepared with financing or proof of funds so that when the right unit becomes available, we're positioned to act.

For Sellers

For Fort Pierce condominium sellers, pricing is especially important in the current market.

Current median list prices have increased substantially, reaching approximately $289,000, while the current median settled-sale price is approximately $202,450 and available housing supply has increased to nearly eight months.

Those broader figures don't mean every condominium is overpriced. Fort Pierce contains many different condominium communities, unit sizes, locations, views, amenities and price ranges. It does mean that an individual unit needs to be evaluated against the most relevant competing listings and recent comparable sales rather than relying simply on broader asking-price trends.

Before recommending a listing strategy, I can prepare a Comparative Market Analysis (CMA) rather than an appraisal for the listing assignment.

When appropriate, I can personally measure the unit, research comparable sales and competing listings, make property-specific comparisons and show you the market information supporting the recommended listing strategy. The goal is for you to understand how the pricing recommendation was developed, not simply receive a number.

We also need to understand the condominium project itself. Current or pending special assessments, association fees, insurance matters, maintenance projects and other project characteristics can influence buyer interest, financing and marketability.

Once the pricing strategy is established, the property needs to be presented professionally and marketed extensively.

Marketing can include professional photography, property video when appropriate, MLS exposure, TomDunphySellsRealEstate.com, Fulton Grace Realty's online presence, major third-party real estate websites and social-media exposure.

When permitted by the condominium association and appropriate for the property, we can also conduct open houses.

If a unit would benefit from improved presentation, professional staging or virtual staging can also be considered.

After the property reaches the market, we'll monitor showing activity, buyer feedback, competing inventory and relevant new sales so we can determine whether the original pricing and marketing strategy continues to reflect current conditions.

The objective isn't simply to put the condominium on the MLS. It is to analyze the competition, establish a supported pricing strategy, present the property professionally, maximize its exposure and respond to what the market tells us.

Market Data Summary

Current 3-Month Settled Sales: 74
Current Absorption Rate: 24.67 Sales per Month
Current Active Listings: 197
Current Months of Housing Supply: 7.99 Months
Current Median Sale Price: $202,450
Current Median Settled-Sale DOM: 92 Days
Current Median Active-Listing DOM: 90 Days
Typical Exposure and Marketing Time: 3–6 Months
Overall Market: Stable

Data Source

Market statistics were compiled from Martin County REALTORS® of the Treasure Coast MLS with an effective date of July 31, 2026.

The analysis is intended to provide an overview of the defined Fort Pierce condominium market segment. Individual condominium communities and units may perform differently from the broader market.

Explore More Treasure Coast & Palm Beach County Market Updates

If you're researching communities throughout the Treasure Coast and Palm Beach County, you may also find these market reports helpful:

  • Fort Pierce Detached Home Market Update

  • Port St. Lucie Detached Home Market Update

  • Port St. Lucie Condominium Market Update

  • Palm City Detached Home Market Update

  • Stuart Detached Home Market Update

  • Stuart Condominium Market Update

  • Hobe Sound Detached Home Market Update

  • Jupiter Detached Home Market Update

  • Tequesta Detached Home Market Update

  • North Palm Beach Detached Home Market Update

  • North Palm Beach Condominium Market Update

  • Palm Beach Gardens Detached Home Market Update

  • Palm Beach Gardens Condominium Market Update

  • Hutchinson Island Detached Home Market Update

  • Hutchinson Island Condominium Market Update

Each market report combines current MLS market statistics with professional valuation insight and buyer and seller guidance.

Contact Tom Dunphy Realtor

If you're considering buying or selling a condominium in Fort Pierce, I'd be happy to discuss current market conditions and help you understand how they relate to the particular community or property you're considering.

Tom Dunphy Realtor
Fulton Grace Realty
Licensed Florida Real Estate Sales Associate

Visit TomDunphySellsRealEstate.com for additional real estate market reports covering Fort Pierce, Port St. Lucie, Palm City, Stuart, Jensen Beach, Hobe Sound, Jupiter, Tequesta, North Palm Beach, Palm Beach Gardens, Hutchinson Island and other communities throughout the Treasure Coast and Palm Beaches.

Disclaimer

This market report is provided for general informational and educational purposes only and is based on MLS data available as of the stated effective date. It is not an appraisal, Comparative Market Analysis, broker price opinion, guarantee of value or prediction of future market performance.

Real estate markets are property-specific. Individual condominium values and marketability can vary based on location, project, unit location, floor level, view, living area, condition, renovations, amenities, association fees, assessments, project finances, insurance, financing eligibility and other factors.

Any appraisal-related commentary is provided from the perspective of Thomas J. Dunphy III, State-Certified Residential Real Estate Appraiser RD8755 and should not be interpreted as an appraisal of any specific property.

Real estate brokerage commentary is provided by Tom Dunphy Realtor, a licensed Florida real estate sales associate with Fulton Grace Realty. Buyers and sellers should conduct their own due diligence and consult appropriate legal, financial, tax, insurance, engineering, condominium association and other professionals regarding their individual circumstances.