π June 2025 Market Update: Cooling Momentum & Steady Prices in Greater Orlando
π June 2025 Market Update: Cooling Momentum & Steady Prices in Greater Orlando
The June 2025 real estate data is in for the Greater Orlando area, and the story this month is one of seasonal slowdown, steady pricing, and cautious buyers. While inventory remains strong and mortgage rates have edged down slightly, buyer activity and new listings both saw notable drops.
Here’s a quick look at what happened—and what it means for Central Florida homeowners and buyers.
π Inventory & Listings: Fewer New Homes Hitting the Market
Inventory dipped slightly to 13,793 homes, down 1.2% from May
New listings fell 8.4%, with 3,854 homes hitting the market (down from 4,208 in May)
Compared to last June, inventory is up 27.8%, giving buyers more choices overall
π Fewer new homes for sale could reflect seller hesitation or price sensitivity in the market.
πΈ Pricing: Holding Steady at the Median
The median home price held firm at $390,000, matching May’s number
The average price dipped slightly to $494,686, down just 0.2% from May
Year-over-year, the average price is up 1.0%—a sign of market stability, not major gains
π¬ Sellers: this isn’t the market for wild pricing. Proper positioning from day one is key.
π» Closings & Contracts: Slight Declines
Closed sales fell 1.5% month-over-month, from 2,551 in May to 2,513 in June
New contracts dropped 5.4%, and overall pending sales held mostly flat (+0.9%)
Distressed sales (foreclosures/short sales) made up just 1% of the market
π While not drastic, this signals a slight cooling—especially as summer builds to a close.
π Mortgage Rates: A Little Relief
The average interest rate dipped to 6.68%, down from 6.78% in May
This small change could give some buyers a bit more room to breathe
π Still historically high, but any movement downward can positively impact affordability.
⏳ Months of Supply: A Balanced Market
Months of supply hit 5.49, up from 4.15 this time last year
This reflects a healthier balance between buyers and sellers, shifting away from extreme seller control
π¬ Final Takeaways
The Greater Orlando housing market is settling into a more balanced phase, with:
Stable pricing
Increased inventory
Cautious buyers
Slightly softening activity
π‘ Thinking About a Move?
Whether you're looking to build new, buy a resale home, or list your current property, I’m here to help you navigate it all with clarity and confidence. Let’s talk about what’s happening in your neighborhood and how you can make the most of today’s shifting market.
π² Reach out today to schedule a personalized consultation—new, resale, or ready to sell, I’ve got you covered.
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