Central Florida Market Update

Real numbers across the four counties I work.

Median sale price, days on market, and homes sold — pulled from public market data and updated periodically. No projections, no spin, no sugarcoating. These are the same numbers I use to price offers and underwrite deals.

Two sources: Orlando Regional REALTOR Association (ORRA) MLS aggregate, August 2026 · Redfin per-county figures as of Q3 2026 (trailing 3-month) · Updated periodically

Monthly Market Snapshot

August 2026 — official MLS data

Aggregate MLS figures from the Orlando Regional REALTOR Association (ORRA), covering Orange, Seminole, Osceola, Lake, and Volusia counties. This is a different data source from the per-county Redfin figures below — read them separately, not as one series.

Homes Sold

2,478

1,929 single-family at a median of $436,456; 549 condo/townhouse at a median of $301,071; 12 foreclosures/short sales.

New Listings

3,439

Down 7.7% from July.

Active Inventory

12,144

Up slightly from 12,043 in July.

Median Sale Price

$400,676

Down from $410,494 in July.

Median Days on Market

64

Holding steady with July.

Pending Sales

Not published in this month’s ORRA report.

“August’s numbers point to a market finding its footing rather than losing ground.”

Chris Atwell, 2026 ORRA President
Source: Orlando Regional REALTOR Association (ORRA), August 2026 report

20-Year Historical Trend

Orlando area, 2007–2026

Two decades of official ORRA MLS data (the “Roth Report”) — total sales, median price, and average days on market, year by year. This is the long view the monthly snapshot can’t give you: the 2007 peak, the crash bottom, the long recovery, and the 2021–2022 rate-driven frenzy. The 2026 row is a partial year (January–March only), so it is not directly comparable to the full-year rows.

Median Sale Price — 20-year trend

2026 (partial, Jan–Mar) is shown at its reported median price but reflects only three months — not a full year.

YearTotal SalesMedian PriceAvg Days on Market
200717,269$249,90097
200815,490$211,000120
200924,191$130,000103
201031,532$105,00087
201129,651$110,000102
201231,370$120,30084
201331,652$145,00072
201435,740$165,00073
201538,192$180,00073
201639,113$205,00063
201739,563$220,00057
201840,521$233,00052
201939,393$245,00052
202037,651$270,00054
202147,763$315,00035
202240,117$379,95025
202334,076$375,00049
202432,209$387,00057
202528,702$382,50072
2026 (partial, Jan–Mar)6,882$385,00080

The 2007 peak (—17,269 sales, $249,900 median) was the top of the boom. Then the floor fell out: median prices collapsed to $105,000 by 2010 and days on market spiked past 100. Those were my distressed-asset years — short sales, foreclosures, and the inventory nobody else wanted to touch. From 2012 on it was a long, steady recovery, and the 2021–2022 rate-driven frenzy pushed median price to $379,950 with just 25 days on market. Since 2023 you can see the cooling: sales volume down, days on market climbing back toward 70–80, and price flattening in the $375k–$387k range. That’s the market the monthly snapshot above is sitting in — flat, not falling, but no longer a sprint.

Source: ORRA 20-Year Historical Report (Roth Report), March 2026 edition

This table is refreshed manually — ORRA does not offer a public data feed for the Roth Report, so it is updated here periodically rather than live.

Rates, Inflation & the Fed

What’s moving buyers’ payments

None of these numbers sit still — here’s what’s actually moving your rate right now, and where to check it yourself. Every card links to the live source.

Fed Funds Rate

3.50%–3.75%

Set July 29, 2026 FOMC · next decision today, Sept 16, 2026 at 2:00 PM ET

This is what banks charge each other overnight — it doesn’t set your mortgage rate directly, but it drives the overall cost of money and pressures bond yields, which mortgage rates track closely.

The Fed’s next rate decision is scheduled for today, September 16, 2026 at 2:00 PM ET — this number may change today, check the link for the outcome.

Read live data

10-Year Treasury Yield

4.98%

As of September 16, 2026

This is the single best predictor of where mortgage rates are headed — lenders price 30-year mortgages off this yield plus a margin, more so than off the Fed funds rate itself.

Read live data

CPI (Inflation)

+3.4% YoY

August 2026 · +0.4% MoM · core +2.4% YoY

The government’s main inflation gauge. Inflation staying sticky above the Fed’s 2% target keeps pressure on rates to stay elevated; cooling inflation is typically what opens the door to rate cuts and cheaper mortgages.

Read live data

PPI (Producer Prices)

+5.4% YoY

August 2026 · +0.4% MoM (final demand) · diesel +24.1%

PPI tracks what businesses pay before those costs reach consumers — it’s often a leading signal for where CPI (and the Fed’s next move) heads in the following months.

Read live data

Conventional 30-Year Mortgage Rate

6.76% · 6.904%

Freddie Mac PMMS 6.76% (Sept 10, 2026) · daily lender avg 6.904% APR 6.972% (Sept 15, 2026)

Two legitimate benchmarks using different methodologies — Freddie Mac’s weekly official survey vs. daily lender-average data. Both are worth watching.

Read live data

FHA 30-Year Rate

6.557%

APR 6.604% · As of September 15, 2026

Typically runs below conventional since FHA loans are government-insured, in exchange for mortgage insurance premiums (MIP) that last the life of most FHA loans.

Read live data

VA 30-Year Rate

6.62%

As of September 15, 2026

Available to eligible veterans and service members, typically no down payment and no monthly PMI/MIP required.

Read live data

Macro figures are point-in-time as of each card’s stated date and change frequently — always check the linked source for the current value.

County by County

Where the market stands right now

Each card shows the median sale price, year-over-year price change, median days on market, and homes sold with its year-over-year change. Green arrows indicate a seller-favorable move (higher price, faster sale, more closings); red indicates a slower or cooling trend.

Orange County

Orlando

Median Sale Price

$414,726

-1.2% YoY

Median Days on Market

52

+4 days

Homes Sold · August 2026

1,060

-3.1% YoY

Seminole County

Sanford / Lake Mary

Median Sale Price

$441,779

+6.5% YoY

Median Days on Market

32

-2 days

Homes-sold detail not published for this county in this period.

Osceola County

Kissimmee / St. Cloud

Median Sale Price

$373,749

-2.9% YoY

Median Days on Market

76

+19 days

Homes Sold · August 2026

713

+13.1% YoY

Lake County

Clermont / Leesburg

Median Sale Price

$383,716

-1.6% YoY

Median Days on Market

66

+12 days

Homes Sold · August 2026

668

+9.7% YoY

Note: Seminole County's homes-sold figure was not reported in the trailing 3-month window. All other figures are Redfin-sourced. Market data ages — treat these as a point-in-time snapshot, not a live feed.

Major Developments

What's being built across the region

The projects reshaping Central Florida over the next several years — from downtown mixed-use towers to semiconductor districts and regional highway expansion. These drive long-term demand and shape where the next cycle of value gets created.

Orange County

Westcourt

Mixed-use development near the Orlando Magic arena downtown: 270 residences plus hotel, office, retail/dining, and a live event venue.

Source
Orange County

Orlando Sentinel Site Redevelopment

$2 billion, 20-acre downtown redevelopment designed by Heatherwick Studio; demolition underway.

Source
Orange County

Sunbridge

Large-scale new development area in southeast Orange County gaining active momentum.

Source
Lake County

Wellness Way

Long-planned southern Lake County development area now picking up pace after a dormant period.

Source
Osceola County

NeoCity City Center

13-acre, 1.5M+ sq ft mixed-use expansion of the NeoCity semiconductor/tech district: retail, dining, office, residential, a hotel, and a performing arts center; part of Osceola's broader push (including a South Korean company's investment) to become a hub for advanced manufacturing and tech jobs. NeoCity separately landed a $470 million ELSPES semiconductor HQ deal in 2026 — see the featured story below.

Source
Orange / Osceola / Seminole

I-4 & Regional Road Expansion

"I-4 Beyond the Ultimate" express lane expansion between Tampa and Orlando, plus SR 417 and SR 528 widening and the Florida's Turnpike/Sand Lake Road interchange — all part of MetroPlan Orlando's regional transportation improvement program.

Source

Featured Development · Osceola County

ELSPES Comes to NeoCity: Central Florida’s Biggest Economic Development Deal

ELSPES, Inc. is a South Korea-based company that makes high-performance silicon capacitors for AI systems, automotive technology, and aerospace platforms. It is committing $470 million to build its U.S. headquarters and manufacturing campus inside NeoCity, Osceola County’s 500-acre technology district in the Kissimmee/St. Cloud area.

Osceola County Commission Chairman Brandon Arrington called it “the largest economic development project in our history.”

The deal will bring 600+ high-wage jobs at an average annual salary of $85,000. ELSPES will occupy 32.56 pad-ready acres — the largest private footprint at NeoCity to date.

Two phases: Phase 1 is $270 million, begins construction January 2027, and brings roughly 300 jobs. Phase 2 is $200 million, estimated for 2035–2038, and brings another roughly 300 jobs. Each phase builds a 289,000-square-foot facility.

Timeline: an initial MOU was signed in December 2024; the development agreement was moving through Osceola County Commission approval as of May 2026.

Total Investment

$470 Million

High-Wage Jobs

600+

Average Salary

$85,000/yr

Site Size

32.56 Acres

largest at NeoCity

“This is the largest economic development project in our history.”

“This is exactly what we set out to do: build an ecosystem that not only attracts world-class companies but also creates pathways for our community to access those opportunities, develop new skills, and grow into the jobs of the future.”

Brandon Arrington, Osceola County Commission Chairman

“No one wants to be the first in, especially when you’re from another country…it really opens the door for other companies.”

“The Korean government is putting a lot of money into companies coming here to the states, and we want them to come to Central Florida.”

Cheryl Grieb, Osceola County Commissioner

Why This Matters for Central Florida

ELSPES is the first South Korean company to invest in NeoCity — per Commissioner Grieb, that’s significant because “no one wants to be first,” and this deal is explicitly meant to open the door for more Korean semiconductor investment into the region, since the Korean government is actively funding its companies’ U.S. expansion.

NeoCity already anchors the University of Florida’s Florida Semiconductor Institute, so ELSPES plugs into a built-in academic and workforce-training pipeline rather than starting from zero.

600+ jobs at an $85,000 average salary is a major high-wage cluster for Osceola County — a county whose economy has historically leaned on tourism/hospitality wages — and that kind of wage base is exactly what drives housing demand upside in a submarket, the same dynamic that built Lake Nona’s Medical City into a premium submarket.

This isn’t a one-off — NeoCity has also recently landed SRS Mobility (a 110,000 sq ft headquarters, 190+ jobs) and Panacea Global Energy (a roughly $500 million clean-energy campus), so ELSPES is evidence NeoCity is becoming a real employment cluster, not a single anchor tenant.

Prices are flat to slightly down, days on market are climbing.

That's a buyer-leaning window for investors and a reason sellers need real comps — not a Zestimate — to price right. Let me pull the numbers for your property or your next deal.

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