The stats are in and we saw a little increase in sales month over month, but still more inventory and less demand than we have seen in years in the Orlando real estate market. Slightly more sales month over month moved the inventory down slightly to 6.76 months of available homes for sale.

The number of homes available for sale reached a new 11 year high with 12,411 listings. It’s certainly a different market than 2024 and much slower moving, however the median price still went up.

For the full update,  watch the video:

Major Points:

1. Home Sales: Higher month over month but down year over year
2. Inventory:
   • 6.76 months of supply (considered a buyer’s market) – slightly better than January with the slight increase in homes sold
   • 12,411 homes for sale (highest in 11 years)
3. Prices – Median price went up while average fell slightly
   • Average home price: $486,064 
   • Median price: +2.12% (slighly lower than normal appreciation rate)
4. Impact on Sellers:
   • More competition & still low number of buyers making offers
   • Longer selling times – days on market is 76 (highest in about 10 years)
   • Potential need for price adjustments if you do not get it right upon listing
5. 🔑 Takeaway: If you’re selling, set realistic expectations with yourself and understand that you’re still in a strong position to get a good price but you cannot expect overnight sales to happen.

It’s a great year to consider making a move, Contact us today or Give us a call at 407-982-7240 and we’ll walk you through the best scenario for you!