New Orlando Regional REALTOR® Association data shows a drop in sales, inventory, and new listings as Orlando continues to shift to a buyer’s market
State of the Market
- “Over the past month, we’ve seen a drop in inventory and homes sitting on the market for longer periods of time,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “When you take this, and couple it with the lowest interest rate we’ve seen all year, this certainly makes it a great time for buyers to enter the market. For sellers, they must be pricing their home reasonably to avoid it sitting on the market and having to lower the listing price.”
- The median home price for August was recorded at $382,950, down 1.8% from July’s median home price of $389,999.
- Overall sales decreased by 9.6% from July to August. There were 2,551 sales in July and 2,306 sales in August.
Orlando area inventory fell 1.9% from July to August. Inventory in July was 13,557, and inventory in August was 13,306.
- August’s interest rate was recorded at 6.4%, down from 6.5% in July. This is the lowest interest rates have been in 2025.
- 29 distressed homes (bank-owned properties and short sales) accounted for 1.3% of all home sales in August. This is a 52.8% increase from July, when only 21 distressed homes sold.
- New listings fell 11.5% from July to August, with 3,353 new homes on the market in August, compared to 3,788 in July.
ORRA’s full State of the Market Report for August 2025 can be found at https://www.orlandorealtors.org/statemarket
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