We've reached the end of 2024, and if there's one thing that Orlando real estate market has shown us that it continues to be one of the best options for long-term appreciation.
Even with economic challenges and high interest rates, the year was marked by a balance between price growth and new opportunities for alert investors. Let's explore what happened this year and how you can use this information to make smart moves in 2025.
Based on the latest data from Stellar MLS, we'll explore the trends and reveal what 2024 taught us to ensure you're prepared for the year ahead.
2024 Scenario: A Resilient Market
In 2024, we saw the Orlando market slow down in terms of sales volume, but with steady property appreciation. 26,167 units, a reduction of 8,24% compared to the previous year. This reflects the impact of higher interest rates, which ranged from 5.89% and 6.91%, making financing a little more challenging for buyers.
On the other hand, prices have risen consistently. The average sales value reached $470.700, an increase of 5,47% compared to 2023. The median price has already risen to $385.000, a growth of 2,67%This shows that, despite the reduction in sales, the market remains attractive and valued.
Trends throughout the year
THE Orlando real estate market in 2024 showed clear contrasts. At the beginning of the year, we observed a certain slowdown in sales, but prices continued to rise. In first trimester, the average price had already increased 4,80%, closing in $453.183.
As the year progressed, sales volumes continued to decline in the second and third trimesters, but the average price continued to rise, surpassing $482.000 in June.
Node fourth quarter, sales slowed further, but prices ended the year at an average of $472.190.
This pattern reflects the high demand for real estate in Orlando, especially in strategic areas such as Lake Nona, Celebration and Kissimmee, known for their infrastructure and proximity to tourist attractions.
Opportunities for buyers and investors
Even with the sales slowdown, 2024 brought important opportunities. Inventory increased significantly, with 11,604 properties available in November, creating a more favorable trading environment. If you've been waiting for the right time to enter the market, 2025 could be the ideal opportunity.
Orlando regions on the rise
Neighborhoods like Lake Nona, Celebration and Kissimmee continue to attract both residents and tourists.
These areas offer excellent infrastructure and excellent return potential, especially for those looking to invest in vacation rental properties.
Vacation rental properties in Orlando
Orlando is one of the most sought-after cities for tourists worldwide. Investing in vacation rentals near tourist areas is a strategic choice, as demand for accommodations remains high, especially with the global resumption of travel.
Expectations for the Orlando Real Estate Market in 2025
If 2024 was the year of adaptation, 2025 promises to be the year of opportunities. Experts suggest that interest rates may stabilize, which could attract new buyers to the market.
Furthermore, with inventory still high, there is room for favorable negotiations.
Tips for Taking Advantage of the Orlando Real Estate Market in 2025
- Trade with confidence: With more properties available, you have greater bargaining power.
- Plan your financing: While interest rates are still an important factor, there are specific options for international buyers, including Brazilians.
- Focus on tourist properties: Vacation rental properties continue to be one of the best investments in Orlando.
What we learned from 2024
Orlando's real estate market has shown resilience even in the face of economic challenges.
Steady appreciation and increased inventory in 2024 provide an excellent entry point for those looking to invest in 2025.
If you're ready to make your next move, contact me, Jen DantasWith extensive experience in successful transactions and in-depth knowledge of the Orlando market, I can help you find the perfect property and make 2025 your year of real estate success!
Read also:
➡️ Orlando Real Estate Market Update – Up-to-date information on market trends.
➡️ Best Orlando Areas to Invest in 2025 – Highlight areas with the greatest potential for appreciation.
➡️ Investing in a Vacation Home in Orlando – How the holiday market remained strong throughout 2024.
