Orlando State of the Market July 2025
August 18th, 2025 by tisner
New Orlando Regional REALTOR® Association data shows interest rates reach lowest level this year.
State of the Market
– “Nationwide reports show that mortgage rates have now dipped to their lowest point in nearly a year, and that’s welcome news for both buyers and sellers across Central Florida,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “As we move into the final months of summer, this drop could help reinvigorate the market by increasing affordability and bringing some hesitant buyers back into the mix.”
– The median home price for July was recorded at $389,999 – keeping in line with May and June’s median home price of $390,000.
– Overall sales increased by 1.5% from June to July. There were 2,513 sales in June and 2,551 sales in July.
– Inventory for July was recorded at 13,557, down 1.7% from June when inventory was recorded at 13,793.
– July’s interest rate was recorded at 6.5%, down from 6.7% in June. This is the lowest interest rates have been in 2025.
– 21 distressed homes (bank-owned properties and short sales) accounted for 0.8% of all home sales in July. This is a 19.2% decrease from June, when 26 distressed homes sold.
– New listings fell 1.7% from June to July, with 3,788 new homes on the market in July, compared to 3,854 in June.
ORRA’s full State of the Market Report for July 2025 can be found at https://www.orlandorealtors.org/statemarket
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