#United States #Orlando #Housing Market #Florida Realtors #Single-Family Sales

Florida's Housing Market at the Close of 2025

As the curtains fell on 2025, the Florida housing market emerged with a revitalized spirit. The data from Florida Realtors indicated a notable increase in closed sales of existing single-family homes, with impressive figures suggesting that demand is no longer waning but rather stabilizing in a healthy surge. In contrast, condo-townhouse sales faced a slight decline, showcasing the unique dynamics within different property segments.

Year-End Snapshot 2025

According to Chief Economist Dr. Brad O'Connor at Florida Realtors, the year started in a familiar cadence, reminiscent of the previous years, marked by falling sales and climbing inventory levels. However, as the months progressed, a significant transformation occurred. By the latter half of the year, both mortgage rates and homeowner insurance premiums displayed a notable decrease, stimulating a resurgence in buyer interest. This evolution heralded a more sustainable housing landscape for Florida, presenting opportunities for both buyers and sellers alike.

Sales Insights

Statistically, the closed sales for existing single-family homes at the year's end amounted to 255,012, indicating a 0.9% increase when juxtaposed with 2024's figures. Meanwhile, condo-townhouse units sold totaled 88,793, reflecting a 5.9% decrease compared to the previous year. These changes are pivotal as they highlight the ongoing fluctuations within Florida’s real estate dynamics.

Interestingly, there was an encouraging upward trend in pending sales, especially notable in single-family homes. At the close of 2025, new pending sales for these properties registered a 1.9% increase compared to the end of the prior year. This pattern suggests an ongoing interest that likely translates into future sales as buyers act on their intentions.

Pricing Trends

The year also pointed towards a stabilization of prices, which is vital for fostering a balanced market. The statewide median sales price for existing single-family homes by year-end landed at $413,990, a slight drop of 1.4% from the previous year. Similarly, condo-townhouse properties saw a median price of $310,000, down by 4.7%. These fluctuations are critical to understanding Florida’s market, as even with price reductions, the demand continued to trend positively in multiple areas, showcasing a resilient market approach.

Monthly Reviews

Diving deeper into December, which capped the year, single-family home sales reached 22,007, marking a significant rise of 5.9% year-over-year. In contrast, condo-townhouse transactions also climbed, albeit more modestly, at 7,911 units sold, reflecting a 10.4% hike from December 2024.

As for inventory, single-family homes' supply stood at 4.6 months by the end of December, while the condo-townhouse market experienced a 8.8-month supply, providing insight into the availability and accessibility of homes across the state.

Economic Impacts

Looking at the broader financial implications, the dollar volume of single-family home sales escalated by 2%, reaching a total of $154.6 billion in 2025. However, adjusted for inflation, this meant a slight decline in real terms. Conversely, the dollar volume for closed condo-townhouse sales suffered a decline of 8.5% in 2025 due to lower sale prices and lesser sales volume, an area warranting attention for future evaluations.

In summary, the housing market in Florida demonstrated resilience and opportunities heading into 2026. With increasing buyer interest and stabilizing prices, both consumers and Realtors can find fruitful paths ahead in the ever-evolving world of real estate.