Orlando’s real estate market in June 2025 saw a notable decrease in new listings, prompting some sellers to withdraw from the market. This trend, coupled with a slight dip in overall sales and inventory, suggests a shifting landscape for homebuyers and sellers in the region. The median home price remained stable, but the decrease in new properties entering the market could impact future availability.
Key Market Indicators
- Median Home Price: $390,000 (unchanged from May).
- Overall Sales: Decreased by 1.5% from May to June, with 2,513 sales recorded in June.
- Inventory: Fell by 1.2% to 13,793 units in June.
- New Listings: Experienced a significant drop of 8.4%, with 3,854 new homes listed in June compared to 4,208 in May.
- Interest Rates: Slightly decreased to 6.7% in June from 6.8% in May.
Seller Sentiment and Pricing Strategies
The Orlando Regional REALTOR® Association highlighted the importance of realistic pricing for sellers. Lawrence Bellido, president of the association, noted that a national increase in delistings, including a 47% jump reported by Realtor.com, underscores the need for accurate initial pricing to avoid properties being pulled from the market. This advice comes as Orlando experiences its own decline in new listings, indicating a potential hesitation among sellers.
Distressed Properties See an Uptake
In June, distressed homes, which include bank-owned properties and short sales, accounted for 1.0% of all home sales. This represents an 18.2% increase from May, when 22 distressed homes were sold. While still a small fraction of the market, this rise in distressed sales could offer opportunities for buyers seeking lower price points.