Central Florida Real Estate Recap of August 2025

State of the Market

• August’s interest rate was recorded at 6.4%, down from 6.5% in July. This is the lowest interest rates have been in 2025.
• Overall sales decreased by 9.6% from July to August. There were 2,551 sales in July and 2,306 sales in August.
• Inventory for August was recorded at 13,306, down 1.9% from July when inventory was recorded at 13,557.
• New listings fell 11.5% from July to August, with 3,353 new homes on the market in August, compared to 3,788 in July.
• Pending sales decreased 2.2%, with 3,687 in August compared to 3,771 in July.
• Homes spent an average of 75 days on the market (DOM) in August – up from 69 in July.
• The median home price for August was recorded at $382,950, down 1.8% from July’s median home price of $389,999.
• “Over the past month, we’ve seen a drop in inventory and homes sitting on the market for longer periods of time,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “When you take this, and couple it with the lowest interest rate we’ve seen all year, this certainly makes it a great time for buyers to enter the market. For sellers, they must be pricing their home reasonably to avoid it sitting on the market and having to lower the listing price.”

Inventory

• Orlando area inventory fell 1.9% from July to August. Inventory in July was 13,557, and inventory in August was 13,306.
• The supply of homes went up to 5.77 months in August, up 8.6% from 5.31 months in July. A balanced market is six months of supply.
  
  • In August 2024, there was only a 4.34-month supply of homes on the market.
• The number of new listings decreased from July to August by 11.5% – from 3,788 homes to 3,353 homes.

Sales Snapshot

• 1,808 single-family homes sold in August, down 10.7% from 2,025 sales in July. The median home price was $415,000.
  
  • There were 2,102 single-family homes sold in August 2024.
• 282 condos sold in August, up 6.0% from 266 sales in July. The median home price was $200,000.
  
  • There were 301 condos sold in August 2024.
• 216 townhouses/villas sold in August, down 16.9% from 260 sales in July. The median home price was $330,000.
  
  • There were 252 townhouses/villas sold in August 2024.
• 29 distressed homes (bank-owned properties and short sales) accounted for 1.3% of all home sales in August. This is a 52.8% increase from July, when only 21 distressed homes sold. 

Year over Year Changes 

 Courtesy of Orlando Regional Realtor Association

Homes for Sale in Davenport FL

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$175,000

490 Taft Drive, DAVENPORT

4 Beds 2 Baths 1,767 SqFt Residential MLS® # O6327270

$205,000

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484 Lily Lane, DAVENPORT

3 Beds 2 Baths 1,535 SqFt Residential MLS® # P4935704

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