Hutchinson Island Mid Year 2026 Market Report

 This is the latest market report for Hutchinson Island in Fort Pierce.

The slog for the condo market continues. There were 97 closings, down 27% from last year, and the median sale price is $340,000, down 9%.

Many buildings have completed — or are nearly finished with — their major projects and Milestone inspections, putting them on track to be fully funded. But buyers haven't responded yet, and purchases haven't picked up in any meaningful way.

Inventory is at a 12-month supply. That's down from the start of the year, but this is still very much a buyer's market — there are plenty of options to choose from, and plenty of leverage at the negotiating table.

The single-family market has faced headwinds as well. Closings cooled from 45 to 30, and the median sale price dropped from $830,000 to $655,000.

Looking ahead to summer, inventory sits at a nine-month supply.