Sunshine Scoop - April 2025

Orlando-Kissimmee-Sanford Real Estate Market Update

As we dive into the latest data from SunStats, it's clear that the Orlando-Kissimmee-Sanford real estate market is experiencing some shifts. In this edition of the Sunshine Scoop, we'll explore the current trends and what they mean for buyers and sellers.

Market Overview

According to SunStats, closed sales in the Orlando-Kissimmee-Sanford market are down, indicating a slower pace of transactions. Median sales prices are also down, and dollar volume has decreased. However, there are some positive signs: active inventory is on the rise which means more choices for buyers.

Key Statistics

Let's take a closer look at the numbers:

• Closed Sales: Down 2% compared to last year
• Sales Price: No Change From A Year Ago
• Volume: Down .05% to $1.6 billion
• Listings: Down 0.6% compared to last year
• Pending Sales: Down 1.3% compared to last year
• Inventory: Up 35% compared to last

What Does This Mean for Buyers and Sellers?

Orlando's housing market has reached a sweet spot, offering a mix of benefits for both buyers and sellers.

Rising home prices are balanced by longer selling times, giving buyers more room to negotiate and potentially snag a deal below asking price. Sellers, on the other hand, need to price competitively to stay ahead.

Conclusion

The Orlando-Kissimmee-Sanford real estate market is evolving, and it's essential to stay informed about the latest trends. By understanding the current market conditions, buyers and sellers can make informed decisions and achieve their goals. If you have any questions or would like more information about the current market conditions, feel free to reach out.

Best, Carolyn Thorson
United Real Estate Preferred