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: new listings, pending sales, and active inventory are all on the rise.

Key Statistics

Let's take a closer look at the numbers:

• Closed Sales: Down 3.4% compared to last year
• Sales Price: Down 1.5% to $443,098
• Volume: Down 4.2% to $4.1 billion
• Listings: Up 7.2% compared to last year
• Pending Sales: Up 2.3% compared to last year
• Inventory: Up 40% compared to last

What Does This Mean for Buyers and Sellers?

For buyers, the current market conditions may present an opportunity to find more inventory and negotiate better prices. With more options available, buyers can take their time to find the right property.

For sellers, the market conditions require a more strategic approach. With more competition and decreasing prices, sellers need to price their properties competitively and make them stand out. Working with a knowledgeable real estate agent can help sellers navigate these challenges.

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