Orlando State of the Market May 2025
June 17th, 2025 by tisner
New Orlando Regional REALTOR® Association data shows nearly 14,000 homes on the market heading into busy summer season.
State of the Market
- “As we head into the summer season, the Orlando housing market is gaining momentum with more homes available and steady sales activity,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “For buyers, the increase in inventory offers more choices and a chance to explore options that fit their needs. For sellers, it’s a signal to stay competitive—pricing and presentation matter more than ever in a market where consumers are weighing their options carefully.”
- The median home price for May was recorded at $390,000, up slightly from $389,900 in April.
- Overall sales increased by 3.7% from April to May. There were 2,459 sales in April and 2,551 sales in May.
- Inventory for May was recorded at 13,957, up 4.9% from April when inventory was recorded at 13,304. This is the highest inventory since January 2011.
- May’s interest rate was recorded at 6.8%, up from 6.6% in April. April’s interest rate was recorded at 6.6%. Interest rates have hovered in the 6.0-range since October 2024.
- 22 distressed homes (bank-owned properties and short sales) accounted for 0.9% of all home sales in May. This is a 8.3% decrease from April, when 24 distressed homes sold.
- New listings fell 6.6% from April to May, with 4,208 new homes on the market in May, compared to 4,503 in April.
ORRA’s full State of the Market Report for May 2025 can be found at https://www.orlandorealtors.org/statemarket
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