Home sales in the Orlando area rebounded in February as deal activity picked up and stock continued to grow, while homes took longer to offer and new listings declined.
Closed sales increased 15.5% month over month, increasing to 1,888 transactions in February from 1,634 in January. Compared with a year previously, overall sales were up 2.8% from 1,837 deals in February 2025.
Pending sales also enhanced, climbing 13.8% to 4,001 agreements in February, up from 3,515 in January, recommending ongoing activity heading into the spring homebuying season.
Homes are taking longer to offer, nevertheless. Characteristic spent an average of 83 days on the marketplace in February, up from 81 days in January and the longest marketing period tape-recorded since February 2015.
Chris Atwell, 2026 president of the Orlando Regional Real estate agent Association, stated the combination of homes investing more time on the market and consistent inventory levels is offering buyers more negotiating utilize.
“When you integrate homes investing more time on the marketplace with a consistent circulation of stock, purchasers have more utilize than they have actually had in years,” Atwell said. “This environment promotes opportunities to work out on price, demand seller-paid closing costs, and ultimately find the ideal home at a speed and structure that offers purchasers confidence in their choice.”
Stock Edges Greater
Housing supply broadened slightly during the month. Overall stock increased 2.0% to 11,975 homes in February, up from 11,741 in January.
However, the months of supply was up to 6.34 months, down 11.7% from 7.19 months in January as stronger sales soaked up available listings. A six-month supply is typically considered a balanced market. One year previously, the region had 6.76 months of supply.
New listings decreased 4.5% month over month, with 3,678 homes going into the market in February, compared to 3,852 in January.
Rates Continue to Edge Up
The median home cost in the Orlando location increased to $375,000 in February, a 1.4% boost from January’s $370,000, reflecting stable purchaser demand.
Single-family homes represented the majority of activity. 1,476 single-family homes offered in February, up 14.6% from 1,288 in January and 1.2% greater than the 1,458 offered in February 2025. The median price for a single-family home was $410,000.
Condo sales posted the biggest gains. 237 condominiums sold in February, up 28.8% from 184 in January and 16.2% higher than the 204 sold a year earlier. The typical condominium price was $190,000.
Townhouses and vacation homes amounted to 175 sales in February, an 8.0% boost from 162 in January and the same from the 175 offered in February 2025. The mean cost because section was $305,000.
Distressed sales remained a little part of the market. Bank-owned residential or commercial properties and short sales totaled 22 transactions, representing 1.2% of all February sales, a 37.1% decrease from January’s 35 distressed sales.
Overall, the most recent figures point to a market where sales activity is improving while buyers are getting slightly more time and negotiating flexibility as the spring selling season methods.