Orlando’s real estate market is showing signs of a dynamic spring in 2025, with increased inventory offering more choices for buyers. While sales volume has seen a slight dip compared to last year, the market remains robust, with median sale prices holding steady and average prices showing growth. Homes are taking longer to sell, providing buyers with increased negotiation opportunities.
Key Market Trends
- Sales Volume: 2,459 homes sold in April 2025, a slight decrease year-over-year.
- Inventory: A significant surge of 41.9% in available homes, providing buyers with more options.
- Median Sale Price: $389,900, a modest 0.4% increase from the previous year.
- Average Sales Price: $476,374, indicating steady appreciation.
- Days on Market: Homes are averaging 70 days on the market, up from 54 days last year, suggesting a shift towards a more balanced market.
Buyer and Seller Perspectives
With a 41.9% year-over-year increase in inventory, buyers in Orlando now have a wider selection of properties to choose from. This surge in listings, coupled with homes staying on the market longer, translates to more negotiating power for prospective buyers. Sellers, however, can still expect strong demand, especially if they price their homes competitively. The current market conditions suggest that while it might take a bit longer to secure a buyer, the overall demand remains healthy.
Mortgage Rates and Future Outlook
Mortgage rates continue to be a crucial factor for both buyers and sellers. In April 2025, Florida’s 30-year fixed mortgage rate is around 6.7%, aligning with national averages. Fifteen-year fixed mortgage rates are between 5.8% and 6.3%. Experts anticipate a potential slight dip in rates later in the year, which could further stimulate buyer activity. Orlando’s consistent economic growth and population increase contribute to a strong underlying demand for housing, making it an opportune time for homeowners considering a move.
Central Florida Market Overview
The Stellar MLS system, covering 13 counties in central Florida, currently lists 13,304 homes. This broad availability reflects the overall health and activity across the region. For homeowners looking to sell, the current market presents a competitive yet rewarding environment. With a balanced market and strong economic fundamentals, Orlando continues to be an attractive place to buy and sell real estate.