ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
Orlando just joined a shrinking but notable list: It’s one of only 11 major U.S. metros where home prices fell year over year — and one of only two in Florida.
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The median home-sale price in the Orlando metro area fell 0.9%, while Jacksonville’s 2.2% decline marks the steepest drop in Florida and is among the sharpest nationally.
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According to new data from Redfin, the slip comes as the national housing market cools under the weight of high borrowing costs and mounting economic uncertainty. It’s the first time since September 2023 that so many large metros saw prices drop.
Click here to read the full story on the Orlando Business Journal’s website.
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