Central Florida Real Estate Recap of July 2025

State of the Market

• 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.
• 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.
• 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.
• Pending sales decreased 5.2%, with 3,976 in June and 3,771 in July.
• Homes spent an average of 69 days on the market (DOM) in July – up slightly from 67 in June.
• 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.
• “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.”

Inventory

• Orlando area inventory fell 1.7% from June to July. Inventory in June was 13,793, and inventory in July was 13,557.
• The supply of homes fell to 5.31 months in July, down 3.2% from 5.49 months in June. A balanced market is six months of supply.
  
  • In July 2024, there was only a 4.21-month supply of homes on the market.
• The number of new listings decreased from June to July by 1.7% – from 3,854 homes to 3,788 homes.

Sales Snapshot

• 2,025 single-family homes sold in July, up 2.3% from 1,979 sales in June. The median home price was $425,000.
  
  • There were 2,067 single-family homes sold in July 2024.
• 266 condos sold in July, down 5.3% from 281 sales in June. The median home price was $193,700.
  
  • There were 311 condos sold in July 2024.
• 260 townhouses/villas sold in July, up 2.8% from 253 sales in June. The median home price was $324,450.
  
  • There were 274 townhouses/villas sold in July 2024.
• 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.

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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