What’s Happening in the Orlando Housing Market? June 2025 Recap

The June numbers are in, and if you’re wondering whether Central Florida real estate is heating up or cooling off, the answer is… a little bit of both.

Let’s take a closer look at what the Orlando Regional REALTOR® Association’s latest report tells us about where things stand—and what it might mean if you're thinking about buying or selling.

Pricing: Holding Steady, But Pay Attention

The median home price in June came in at $390,000—flat compared to May and slightly down from June 2024 (when it was $395,000). This tells us that while prices aren’t climbing dramatically, they’re also not falling off a cliff. For sellers, this means your pricing strategy matters more than ever. Gone are the days of listing high just to “see what happens.” Today’s buyers are informed and watching closely.

💡 Pro Tip: Overpricing a listing in this market could mean more time on market, multiple price reductions, or even delisting—which is becoming more common both nationally and locally.

Inventory: Still Rising (But Slower Than Before)

Inventory came in at 13,793 homes, a 27.8% increase year-over-year but down slightly (1.2%) from May. After months of building inventory, we may be seeing a bit of a pause. Fewer new listings hit the market in June (down 8.4% from May), possibly due to summer travel or seller hesitation around mortgage rate lock-in effects.

So while buyers still have more choices than a year ago, the selection isn’t growing as quickly as it was in spring.

Buyer Activity: Slowing But Not Stopping

New contracts dropped 5.4% compared to last June, and total pending sales were basically flat (+0.9% year-over-year). Closed sales were also down slightly, both month-over-month (-1.5%) and year-over-year (-3.4%).

That said, 2,513 closings in June is still strong for summer. The pace is just a little more… deliberate. Buyers are taking their time, weighing options, and moving forward when the value feels right.

Mortgage Rates: Slight Relief

The average interest rate dipped to 6.68%, just under May’s 6.78%. Not a major drop, but every little bit helps buyers' budgets. If rates continue easing—even slightly—we may see another uptick in activity later this summer or early fall.

So What’s the Bottom Line?

If you’re a seller: Pricing your home right the first time is critical. The market is still active, but buyers are savvy. Set a smart price based on the most recent comps—not what your neighbor got in 2022.

If you’re a buyer: You’ve got more inventory to choose from than a year ago, and competition is more manageable. Don’t sit on the sidelines too long waiting for the “perfect” time—this market favors those who are prepared and informed.

And if you’re just trying to make sense of it all: I’m here to help. Let’s keep the conversation going.

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📊 Source: Orlando Regional REALTOR® Association, June 2025 State of the Market
🔗 Full report available at orlandorealtors.org