What’s Happening in Real Estate Right Now: Orlando Market Update
Inventory climbs, prices hold steady, and both buyers and sellers are adjusting their game plan
“As we head into the summer season, the Orlando housing market is gaining momentum with more homes available and steady sales activity,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “For buyers, the increase in inventory offers more choices and a chance to explore options that fit their needs. For sellers, it’s a signal to stay competitive. Pricing and presentation matter more than ever in a market where consumers are weighing their options carefully.”
If you’ve been asking what’s happening in real estate right now, Orlando is a perfect place to watch. The market is shifting into a more balanced phase, where both buyers and sellers need to be strategic but can still succeed. Here’s what the latest data from May 2025 tells us.
What’s Happening in Real Estate Right Now: Inventory Hits a 14-Year High
Orlando ended May with 13,957 homes for sale. That’s the highest inventory since January 2011. It’s a 4.9 percent increase from April and a 35.7 percent jump compared to last May. For buyers, this means more options, more flexibility, and less pressure to make fast decisions.
Prices Stay Consistent
The median home price for May held at $390,000. That’s almost identical to April and up slightly from last year. The average price was $495,763, marking a 2.8 percent year-over-year increase. Stable pricing benefits everyone. Buyers can plan with confidence, and sellers can set realistic expectations.
Buyer Activity Is Steady
There were 2,551 closed sales in May, which is 3.7 percent higher than April. Although that’s a 12.3 percent drop year over year, it still shows consistent buyer interest. The average mortgage rate rose slightly to 6.78 percent in May, up from 6.64 percent the month before. Rates have remained in the 6 percent range since late 2024, which has helped maintain activity in the market.
New Listings Dip, but Total Options Continue to Rise
There were 4,208 new listings in May, a 6.6 percent drop from April. Despite the slowdown in new listings, total inventory continues to grow. This gives buyers even more to choose from, while also raising the bar for sellers who want to stand out.
Months of Supply Shows Balance Returning
Orlando’s housing market reached a 5.47-month supply in May, moving closer to a balanced market for the first time in years. That gives buyers more leverage, but sellers who prep and price well still have plenty of opportunity.
Why This Market Works for Buyers
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More inventory: With the highest number of homes on the market in more than a decade, buyers have real options
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Price stability: No dramatic spikes or drops means more predictability and better long-term planning
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Better negotiating position: In a balanced market, buyers can often ask for concessions, price adjustments, or inspection repairs
How Sellers Can Stay Competitive
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Make it show-ready: A clean, staged, well-photographed home stands out in a crowded market
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Price it to move: Overpricing can cost you interest and time. Competitive pricing brings serious buyers
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Leverage marketing: A strong online presence, video, and social media exposure can make your home the one buyers remember
Final Thoughts on What’s Happening in Real Estate Right Now
The May 2025 numbers show that Orlando’s market is active and evolving. Buyers are more selective and have more power. Sellers need to focus on value, preparation, and strategy. This market is no longer driven by urgency, but by confidence and clarity.
Whether you’re planning to buy or sell, understanding what’s happening in real estate right now helps you make smart, timely moves. If you’re ready to talk through your next step, we’re here to help.