Central Florida Real Estate Recap of October 2025

Central Florida Real Estate Recap of October 2025

Orlando Regional REALTOR® Association data shows interest rates continuing to trend down

Orra State of the market october 2025
State of the Market

October’s interest rate was recorded at 6.0%, down from 6.1% in September. This is the lowest interest rates have been since September 2024.
New listings rose 9.0% from September to October, with 3,676 new homes on the market in October, compared to 3,371 in September.
Overall sales increased by 4.0% from September to October. There were 2,245 sales in September and 2,335 sales in October.
Inventory for October was recorded at 13,047, up 0.3% from September when inventory was recorded at 13,007.
The median home price for October was recorded at $380,000, up 0.5% from September’s median home price of $378,000.
Homes spent an average of 77 days on the market (DOM) in October – up from 72 in September.
Pending sales decreased 3.9%, with 3,648 in October compared to 3,798 in September.
“October’s data shows a promising shift, with interest rates continuing to trend down and sales trending up. We’re also seeing reports of property insurance prices beginning to stabilize,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “While inventory remains steady, the rise in new listings suggests that more homeowners are ready to make their move. The Orlando market has found its footing, which is good news for anyone looking to make this region their home.”

Average mortgage rates in Central Florida

Inventory

Orlando area inventory rose 0.3% from September to October. Inventory in September was 13,007, and inventory in October was 13,047.
The supply of homes fell to 5.59 months in October, down 3.6% from 5.79 months in September. A balanced market is six months of supply.
- In October 2024, there was a 5.45-month supply of homes on the market.
The number of new listings increased from September to October by 9.0% – from 3,371 homes to 3,676 homes.

Housing inventory in Central Florida October 2025

Sales Snapshot

1,868 single-family homes sold in October, up 4.2% from 1,793 sales in September. The median home price was $415,000.
- There were 1,673 single-family homes sold in October 2024.
258 condos sold in October, up 4.5% from 247 sales in September. The median home price was $185,000.
- There were 219 condos sold in October 2024.
209 townhouses/villas sold in October, up 2.0% from 205 sales in September. The median home price was $320,000.
- There were 193 townhouses/villas sold in October 2024.
26 distressed homes (bank-owned properties and short sales) accounted for 1.1% of all home sales in October. This is a 7.1% decrease from September, when 28 distressed homes sold.