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ORRA Reports Nearly 14,000 Homes on the Market in May 2025, Median Prices Edge Up

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ORLANDO, Fla. (FNN) — The Orlando housing market is gaining momentum heading into the summer season, with inventory reaching its highest level in more than a decade, according to the latest report from the Orlando Regional REALTOR® Association (ORRA). Nearly 14,000 homes were listed for sale in May, while both sales and pending contracts posted modest gains.

State of the Market

ORRA’s May 2025 State of the Market Report shows inventory rising 4.9% month-over-month, from 13,304 homes in April to 13,957 in May — the highest since January 2011. The supply of homes in the Orlando area increased to 5.47 months, approaching the six-month threshold that signals a balanced market between buyers and sellers.

Overall sales increased by 3.7%, with 2,551 closings in May compared to 2,459 in April. Pending sales also moved higher, up 2.1% from 4,151 in April to 4,238 in May.

Homes spent an average of 68 days on the market, slightly down from 70 days the month before. The median home price for the Orlando area rose marginally to $390,000, up from $389,900 in April.

“As we head into the summer season, the Orlando housing market is gaining momentum with more homes available and steady sales activity,” said Lawrence Bellido, president of the Orlando Regional REALTOR® Association. “For buyers, the increase in inventory offers more choices and a chance to explore options that fit their needs. For sellers, it’s a signal to stay competitive — pricing and presentation matter more than ever in a market where consumers are weighing their options carefully.”

Inventory Snapshot

Orlando’s housing inventory climbed from 13,304 homes in April to 13,957 in May. The 5.47-month supply marked a 1.1% increase over April’s 5.41 months. In comparison, the market held just a 3.53-month supply in May 2024.

However, new listings declined 6.6% month-over-month, with 4,208 homes listed in May, down from 4,503 in April. This trend suggests some homeowners are approaching the busy summer market with caution.

Sales Snapshot

In May:

  • Single-family home sales rose 5.4%, with 2,066 homes sold, up from 1,960 in April. The median price increased to $420,000.

  • The condominium market slowed, with 239 units sold, an 8.1% drop from April’s 260. The median condo price held at $190,000.

  • Townhouse and villa sales edged up 2.9%, with 246 units sold in May compared to 239 in April. The median price was $347,500.

Distressed property sales remained low, making up just 0.9% of total sales in May, with 22 distressed transactions, down slightly from 24 in April.

For a full breakdown of the May 2025 State of the Market Report, visit the Orlando Regional REALTOR® Association website.

Florida National News (FNN) will continue to track and report on Central Florida’s real estate trends as the market moves deeper into the second half of 2025.

Business

U.S. Marine Veteran Receives Refurbished Vehicle Through NABC Recycled Rides Program

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DAVIE, Fla. (FNN NEWS) — A U.S. Marine Corps veteran and his family received a life-changing gift on June 11 when they were presented with a fully refurbished vehicle through the National Auto Body Council’s (NABC) Recycled Rides® program.

The donation was made possible through a partnership between vehicle donor Allstate, repair partner Crash Champions, and several industry sponsors. The presentation took place at Crash Champions’ Davie, Florida, collision repair center.

Veteran Receives Reliable Transportation

The recipient, Sergio Hernandez, was nominated by the Wounded Warrior Project, one of the nation’s leading veterans service organizations dedicated to supporting post-9/11 veterans, active-duty service members and their families.

Hernandez and his wife received a refurbished 2018 Toyota RAV4 donated by Allstate and restored by Crash Champions technicians.

“This vehicle is beautiful, super clean, just near mint,” Hernandez said. “Reliability is a huge thing. This will take a burden off our shoulders not having to worry about maintenance or any of the issues we were having with prior vehicles. I’m truly grateful for it.”

From Military Service to Civilian Life

Hernandez served in the United States Marine Corps beginning in 2015, with assignments in South Korea, Japan and the Philippines. During his service, he suffered a back injury that required extensive therapy and rehabilitation.

After leaving the military, Hernandez used GI Bill benefits to earn a bachelor’s degree in business management. However, transportation challenges remained a significant obstacle for his growing family.

With a non-operational vehicle and mounting repair costs, reliable transportation had become a pressing need. The donated vehicle will help Hernandez commute to work, attend family appointments and provide safe transportation for his wife and two young children.


Industry Partners Make a Difference

Allstate has donated more than 300 vehicles through the NABC Recycled Rides® program, making it one of the program’s largest vehicle donors.

Crash Champions has also played a major role, gifting more than 250 vehicles to individuals and organizations in need through the initiative.

Additional partners supporting the donation included Enterprise, Tire Kingdom, AutoZone, J&A Auto Restore, ATE, Advanced Remarketing Services, Copart and Cars for Charity.

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Orlando Regional REALTOR Association Event Highlights Orange County Growth, Housing Trends and Economic Outlook

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Credit ORRA: Maria Henson — Senior Director of Market Research & Insights, Visit Orlando

ORLANDO, Fla. (FNN) — The Orlando Regional REALTOR Association (ORRA) hosted its second annual State of Real Estate event for Orange County on April 17, bringing together industry professionals, policymakers and community leaders to examine the region’s housing market and economic outlook.

Held at ORRA’s headquarters in Orlando, the event focused on the evolving dynamics of residential and commercial real estate across Central Florida. Discussions centered on housing affordability, economic growth and long-term regional development.

Speakers and Panelists

  • Lawrence Yun — Chief Economist, National Association of REALTORS
  • Maria Henson — Senior Director of Market Research & Insights, Visit Orlando
  • Racquel Asa — Head of External Affairs, Central Florida Expressway Authority
  • Amy Mercado — Property Appraiser, Orange County
  • Chris Atwell — Moderator, 2026 ORRA President

Industry experts said Central Florida’s economy continues to grow, though at a more measured pace. While housing and stock market wealth remain near record highs, job growth is softening, consumer sentiment has declined and loan defaults are rising — creating a market shaped by mixed signals.

Panelists noted the housing market has shifted into a more stable phase compared to the rapid growth seen during 2020 and 2021, with more balance and sustainable conditions.

Despite short-term fluctuations, long-term fundamentals remain strong. Orange County’s tax base has grown significantly since 2023, while the broader Central Florida region has experienced a 23% population increase over the past decade, with more than 1,200 people moving to the area each week.

Infrastructure and tourism were also highlighted as key drivers of future growth. Officials pointed to major roadway investments by the Central Florida Expressway Authority and the region’s continued strength as a tourism hub, drawing more than 75 million visitors in 2024.

“We’re operating in a global economy where interest rates, supply chains and migration policies all influence what happens at the local level,” said ORRA CEO Cliff Long.

 

Economic Trends Show Mixed Signals
Experts emphasized that strong asset values are being offset by softer job growth and declining consumer confidence.

Housing Market Enters Stable Phase
The market has transitioned from pandemic-driven volatility to a more balanced and sustainable pace.

Growth, Infrastructure and Tourism Drive Future
Population growth, infrastructure investment and tourism continue to support long-term expansion in Central Florida.

ORRA’s Impact and Benefits on the Real Estate Industry

The Orlando Regional REALTOR Association provides critical market insights, advocacy and professional resources for REALTORS® across Central Florida. Its events foster collaboration between industry leaders, policymakers and the community, helping guide responsible growth, inform housing policy and strengthen the regional real estate market.

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Walmart’s Road to Open Call Returns to Orlando, Offering Small Businesses Access to National Retail Opportunities

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Florida National News


ORLANDO, Fla. (FNN)Walmart, in partnership with the Hispanic Chamber of Metro Orlando, will host the 2026 Walmart Road to Open Call pitch event on May 21 in Orlando, offering small businesses the opportunity to present their products directly to Walmart buyers.

The Orlando event is the only Florida stop in 2026 and is part of a nationwide initiative designed to support small business growth, expand supplier diversity and strengthen U.S. manufacturing.

OPPORTUNITY FOR SMALL BUSINESSES

The Road to Open Call serves as a pathway for entrepreneurs to connect with Walmart’s sourcing team, refine their pitches and prepare for the company’s annual Open Call event in Bentonville, Arkansas.

Applications are open through May 1 at 10 p.m. EST. A select group of applicants will be chosen to participate in the Orlando event, where each business will receive a 30-minute, one-on-one pitch meeting with a Walmart buyer, along with feedback and mentorship.

Top participants may earn a fast pass to Walmart’s annual Open Call, where they can pitch for potential placement in Walmart stores or online.

FOCUS ON U.S.-MADE PRODUCTS

Walmart’s Open Call is the company’s largest sourcing event for products made, grown or assembled in the United States. The program is open to businesses across industries, including food and beverage, beauty, safety and consumer goods.

“The Road to Open Call provides a powerful platform for small businesses to grow and scale,” said Mark Espinoza, senior director of public affairs at Walmart. “By connecting entrepreneurs directly with our sourcing teams, we’re helping bring innovative, U.S.-made products to customers while supporting American jobs and local economies.”

LOCAL IMPACT AND ECONOMIC GROWTH

Local leaders say the initiative strengthens both entrepreneurship and the regional economy.

“We are proud to join forces with Walmart for the second consecutive year to bring this opportunity to the business community,” said Pedro Turushina, president and CEO of the Hispanic Chamber of Metro Orlando. “This initiative supports entrepreneurs and helps small businesses access national retail opportunities.”

Since launching in 2014, Walmart’s Open Call has helped thousands of small and midsize businesses become suppliers, while more than 85% of Walmart shoppers report valuing U.S.-made products.

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