The Orlando housing market showed signs of cooling in June 2025, with new listings, pending sales, and total transactions all edging lower amid still-elevated interest rates and constrained inventory levels.
According to data released by the Orlando Regional Realtor Association (ORRA), new home listings fell 8.4% from May to June 2025, with 3,854 properties hitting the market last month compared to 4,208 in May. Total inventory dipped 1.2% to 13,793 active listings.
Sales also slowed. Overall transaction volume declined by 1.5% month-over-month, with 2,513 homes sold in June versus 2,551 in May. Pending sales dropped more sharply, down 6.2% to 3,976.
Despite the slowdown, home values held steady. The median sales price in June remained unchanged from May at $390,000, suggesting a market still supported by limited supply and resilient demand.
“Trends in real estate come and go, but setting the right price early on can help avoid the need to pull a home off the market,” said Lawrence Bellido, president of the Orlando Regional Realtor Association. He noted that a recent national surge in delistings–up 47% according to Realtor.com–underscores the consequences of overpricing.
Orlando Inventory Dynamics
Orlando’s housing supply remains tight by historical standards. Although the market saw a slight 0.3% increase in months of supply–from 5.47 in May to 5.49 in June–it remains just shy of the six-month benchmark generally considered a balanced market.
For comparison, the region had just a 4.15-month supply in June 2024.
Property Type Breakdown
Single-family homes bore the brunt of the June slowdown, with sales declining 4.2% to 1,979 units. The median price for this category was $429,000. Condo sales, by contrast, surged 17.6% month-over-month to 281 units, though the median price remained modest at $195,000. Townhouses and villas saw a 2.8% increase in sales to 253 units, with a median price of $335,000.
Distressed sales–foreclosures and short sales–ticked up to 26 units, comprising 1% of all transactions. That’s an 18.2% increase from May but remains a small slice of the market.
Mortgage Rates Offer Little Relief
Homebuyers got a marginal reprieve in borrowing costs last month. The average interest rate for June slipped to 6.7%, down from 6.8% in May. However, rates remain well above pandemic-era lows, continuing to weigh on affordability.
Days on market declined slightly, with homes spending an average of 67 days before selling–down from 68 in May–signaling that priced-right inventory is still moving.
Orlando Outlook
With pricing holding firm and demand moderating, Orlando appears to be settling into a slower but still stable market dynamic. Softening sales and new listings suggest continued caution among buyers and sellers alike, even as inventory levels remain well below pre-pandemic norms.
