Market Watch: Buy, Buy, Buy!

For those observing Central Florida's real estate trends over the past decade, it's remarkable to see the market now favoring buyers.

 

Recent data from the Orlando Regional REALTOR® Association (ORRA) highlights this shift.

 

In July 2025, the median home price in Orlando was recorded at $389,999, maintaining stability from previous months.

 

However, the average days on market increased to 69 days, up from 67 in June, indicating homes are taking longer to sell.

 

Additionally, the months of supply rose to 5.31, compared to 4.21 one year ago, suggesting a more balanced market.

 

Moreover, the interest rate in July was recorded at 6.5%, down from 6.7% in June, marking the lowest rates in 2025.

 

These factors combined make it an opportune time for buyers to enter the market.

 

Carmelo Nuccio, a RE/MAX real estate adviser, emphasizes the potential in the current market.

 

He notes that buyers have significant leverage now, akin to buying stocks during a market dip.

 

However, Nuccio cautions that areas like West Orange remain highly sought after.

 

The region's top-rated schools, proximity to Walt Disney World, and abundant natural amenities continue to attract a diverse range of residents.

 

This enduring popularity helps stabilize prices in communities such as Winter Garden, Ocoee, Windermere, and Horizon West.

 

Consequently, first-time buyers may find these areas less affordable.

 

Nuccio advises against compromising on safety or neighborhood quality for the sake of affordability.

 

He suggests exploring more moderately priced homes in surrounding communities like Tavares, Sorrento, Apopka, or even Lakeland.

 

Purchasing in these areas allows buyers to build equity, potentially facilitating future moves into more competitive markets.

 

Looking ahead, Nuccio anticipates significant market changes.

 

He predicts that by the first quarter of 2026, the market will experience a notable shift.

 

If interest rates stabilize around 6%, it could lead to a healthier and more dynamic real estate environment.

 

For more information, contact Nuccio at (321) 441-6951 or connect with him on Facebook, @CarmeloNuccioRealtor, or Instagram, @carmelonuccio.