Florida’s housing market looks shaky. Orlando tells a more complicated story

Florida’s housing market is showing more signs of normalization, but statewide numbers mask sharply different conditions across Orlando’s diverse submarkets.Active single-family listings in Florida reached 83,832 for the week ending Aug. 29, according to HousingWire Data. That’s well above the roughly 53,000 homes available in early 2023, though below a peak of about 107,000 in mid-2025.The statewide median list price was $474,999 — down 2.9% from $489,000 a year earlier, while 43.9% of active listings had undergone a price reduction. Orlando is experiencing a similar shift, with 8,887 active listings in the Orlando-Kissimmee-Sanford metro and a median list price of $485,000.Nearly half, 49%, had reduced their asking price. Average days on market stood at 123, compared with 138 statewide.But local agents say those figures do not tell the whole story. Orlando’s housing market is increasingly defined by the neighborhood, property type, financing, insurance and, above all, pricing. Joe Doher, an agent with Berkshire Hathaway HomeServices Results Realty in Orlando, has been in the business for 33 years and tracks the market across Orange, Osceola, Seminole and Lake counties. “The consu...