The Orlando housing market is set to shine in 2025, earning its place as one of the nation's Top 10 fastest-growing real estate markets, according to Realtor.com and highlighted in the Orlando Business Journal. With projected increases of 15.2% in home sales and 12.1% in median home prices, Orlando is a prime destination for buyers, sellers, and investors alike. Here's what these predictions mean and how The Funk Collection can help you navigate these exciting opportunities.
Orlando's Growth: A Seller's Market with Buyer Opportunities
As the median sale price in Orlando currently stands at $380,000, the expected growth in home values offers sellers the potential to maximize their returns. For buyers, the market is also expected to bring a higher inventory—the largest since 2019—creating more options and less competition. Nearly 20% of listings are predicted to include price reductions, making it an opportune time to make a move.
Additionally, according to the latest Orlando Regional Realtor® Association's State of the Market report, inventory levels have increased by 41.5% year-over-year, reaching 11,604 active listings in November 2024. While closed sales for November dipped 9.6% from last November, the median sale price remained strong at $380,000.
Statewide, Miami joins Orlando in the Top 10 rankings, highlighting Florida's strong position in the national housing market.
What's Driving Orlando's Success?
Several factors contribute to Orlando's strong housing market forecast:
- Job Growth and Population Influx: Orlando's thriving economy continues to attract new residents and businesses, boosting demand for housing.
- Tourism and Lifestyle Appeal: As a hub for world-class entertainment, dining, and outdoor recreation, Orlando's lifestyle offerings make it a top choice for relocation.
- Balanced Market Dynamics: Realtor.com predicts a shift toward market equilibrium, benefiting both buyers and sellers with opportunities for strategic negotiations.
Key Considerations for Sellers
For sellers, the 12.1% increase in median home prices presents a chance to capitalize on their investments. With The Funk Collection's hyper-local market expertise, sellers can position their homes to attract serious buyers in a competitive market. The team will ensure your property stands out, from strategic pricing to professional marketing.
Learn more about selling your home with The Funk Collection.
What Buyers Need to Know
Buyers navigating high interest rates may find relief in the projected increase in inventory and the potential for price reductions. According to the Orlando Regional Realtor® Association's report, November's inventory levels now reflect 6.43 months of supply, up from 4.11 months a year ago, providing more options for buyers. With The Funk Collection team by your side, buyers can uncover hidden gems and negotiate favorable terms in this evolving market.
Explore available properties in Orlando.
Looking Ahead to 2025
The Orlando market is forecasted to outperform national trends, with the U.S. seeing a modest 1.5% growth in home sales and 3.7% price increases. While mortgage rates may improve slightly, high home values and rates will continue to define the market. Realtor.com also highlights broader economic factors as key influencers, creating an environment where local expertise is essential for buyers and sellers. That's where The Funk Collection comes in.
Partner with The Funk Collection
Whether buying, selling, or investing, The Funk Collection is here to guide you through Orlando's dynamic real estate market. With over 20 years of experience and a deep understanding of Orlando, the team is committed to helping clients achieve their real estate goals.
Let's make your 2025 real estate dreams a reality! Schedule a strategy call with the team today. Orlando's growth story is just beginning—and the team is here to help you write your chapter.
Posted by Jeffrey G. Funk P.A. on
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