Central Florida Real Estate Recap of September 2025
State of the Market
- September’s interest rate was recorded at 6.1%, down from 6.4% in August. This is the lowest interest rates have been since September 2024.
- The median home price for September was recorded at $378,000, down 1.3% from August’s median home price of $382,950. This is the third month in a row median home price has fallen.
- Inventory for September was recorded at 13,007, down 2.2% from August when inventory was recorded at 13,306. This is the fourth month in a row inventory decreased.
- Homes spent an average of 72 days on the market (DOM) in September – down from 75 in August.
- Pending sales increased 3.0%, with 3,798 in September compared to 3,687 in August.
- Overall sales decreased by 2.6% from August to September. There were 2,306 sales in August and 2,245 sales in September.
- New listings rose 0.5% from August to September, with 3,371 new homes on the market in September, compared to 3,353 in August.
- “Falling interest rates are beginning to inject some welcomed energy into the market. At the same time, a slight dip in prices and days on market suggests the market is finding balance,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “We’re not seeing the frenzy of a few years ago, but we’re seeing movement – a healthy pace that benefits both buyers and sellers. These trends could set the stage for an active fall market in Central Florida.”
Inventory
- Orlando area inventory fell 2.2% from August to September. Inventory in August was 13,306, and inventory in September was 13,007.
- The supply of homes went up to 5.79 months in September, up 0.4% from 5.77 months in August. A balanced market is six months of supply.
- In September 2024, there was only a 5.14-month supply of homes on the market.
- The number of new listings increased from August to September by 0.5% – from 3,353 homes to 3,371 homes
Sales Snapshot
- 1,793 single-family homes sold in September, down 0.8% from 1,808 sales in August. The median home price was $406,000.
- There were 1,795 single-family homes sold in September 2024.
- 247 condos sold in September, down 12.4% from 282 sales in August. The median home price was $205,000.
- There were 234 condos sold in September 2024.
- 205 townhouses/villas sold in September, down 5.1% from 216 sales in August. The median home price was $320,000.
- There were 220 townhouses/villas sold in September 2024.
- 28 distressed homes (bank-owned properties and short sales) accounted for 1.2% of all home sales in September. This is a 3.4% decrease from August, when only 29 distressed homes sold.  
Year over Year Changes
Courtesy of Orlando Regional Realtor Association
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