Central Florida Real Estate Recap of June 2025

State of the Market

• New listings fell 8.4% from May to June, with 3,854 new homes on the market in June, compared to 4,208 in May.
• Inventory for June was recorded at 13,793, down 1.2% from May when inventory was recorded at 13,957.
• Overall sales decreased by 1.5% from May to June. There were 2,551 sales in May and 2,513 sales in June.
• Pending sales decreased 6.2%, with 4,238 in May and 3,976 in June.
• Homes spent an average of 67 days on the market (DOM) in June – down slightly from 68 in May.
• The median home price for June was recorded at $390,000 – the same as May.
• June’s interest rate was recorded at 6.7%, down from 6.8% in May.
• "We are seeing a national trend of delistings from sellers who aren’t getting the price they want for their home,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “Realtor.com reported that delistings have jumped 47% over the last year, including in Orlando. This trend shows that sellers need to be realistic about their asking price, as we could see a shift to a buyer’s market later this year."

Inventory

• Orlando area inventory fell 1.2% from May to June. Inventory in May was 13,957, and inventory in June was 13,793.
• The supply of homes rose to 5.49 months in June, up 0.3% from 5.47 months in May. A balanced market is six months of supply.
  
  • In June 2024, there was only a 4.15-month supply of homes on the market.
• The number of new listings decreased from May to June by 8.4% – from 4,208 homes to 3,854 homes.

Sales Snapshot

• 1,979 single-family homes sold in June, down 4.2% from 2,066 sales in May. The median home price was $429,000.
  
  • There were 2,049 single-family homes sold in June 2024.
• 281 condos sold in June, up 17.6% from 239 sales in May. The median home price was $195,000.
  
  • There were 315 condos sold in June 2024.
• 253 townhouses/villas sold in June, up 2.8% from 246 sales in May. The median home price was $335,000.
  
  • There were 237 townhouses/villas sold in June 2024.
• 26 distressed homes (bank-owned properties and short sales) accounted for 1.0% of all home sales in June. This is an 18.2% increase from May, when 22 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

↓ $25,000

484 Lily Lane, DAVENPORT

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

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