July "numbers" from the Resort Area Market...

A home that closed in July achieved an average of 97.2% of its listed price, marginally up from June but down from the 97.9% level achieved 12 months ago. The resort market registered 373 closings in July, up from 369 in June and 342 in July 2025. The July resort-area median price was $380,000, unchanged from June and below the July 2025 median price of $395,000. The average number of days a home spent on the market during July was 104, compared to an 84-day average 12 months ago, while the average days to close stood at 146. The total number of homes recorded as pending — under offer/contract — stood at 522, down from 581 last month but little changed from the 519-home pipeline recorded 12 months ago. July's sales activity saw 296 homes withdrawn after failing to attract a buyer while listed, and the overall inventory level stood at 3,379, down marginally from 3,388 in June and 6.6% below the 3,618 level seen 12 months ago. Current inventory, weighed against the existing sales pace, suggests a 9.0-month supply of available homes, down from 9.2 months in June and also below the 10.6-month supply recorded in July 2025.

Orlando...

Central Florida's housing market continued its momentum in June 2026, with overall sales rising 8.0% month-on-month to 2,929 transactions, extending a streak of monthly gains throughout the year. The median home price climbed to $416,308, up from $407,002 in May and $409,631 a year earlier. Interest rates held steady at 6.5%, matching May's level. Homes also moved faster, spending an average of 62 days on the market in June, down from 66 days in May. Inventory ticked up slightly to 11,924 homes, a 0.1% increase from May, even as months of supply tightened to 4.1 from 4.4 — a sign of a market leaning toward sellers. New listings grew 4.6% month-on-month to 3,978, adding fresh supply to the market. By segment, single-family home sales rose 8.1% to 2,301, with a median price of $451,922, while condo and townhouse sales increased 7.9% to 628, at a median price of $301,057. Foreclosures and short sales remained minimal, accounting for just 0.3% of all transactions in June.

Florida...

Florida's housing market extended its growth streak into June 2026, marking ten consecutive months of gains despite mortgage rates near 6.5%. Single-family home sales reached 26,036 statewide, up 9.3% year-on-year, with the median price hitting a record $432,000 and inventory at a 4.5-month supply. Condo and townhouse sales also grew, with 8,900 closed transactions representing a 14% increase from June 2025, while median prices held in the $301,000–$305,000 range. This segment's inventory stood at an 8.1-month supply, higher than the single-family market.

U.S...

U.S. existing-home sales slipped 2.4% month-on-month in June to a seasonally adjusted annual rate of 4.09 million, though sales were still up 2.8% on the year, according to NAR's Existing-Home Sales report. The Northeast was the only region to post monthly growth, while the Midwest, South and West all declined; on an annual basis, though, those three regions posted gains and the Northeast held flat. The single-family and condo markets diverged: single-family sales rose 3.3% year-on-year to 3.73 million despite a 2.4% monthly dip, while condo and co-op sales fell 2.7% both monthly and annually, to a rate of 360,000. NAR Chief Economist Lawrence Yun pointed to mortgage-rate swings as the driver of month-to-month volatility, while noting that over half a million jobs added since the start of the year continue to underpin demand.

Inventory reached 1.56 million units in June — a 4.6-month supply — down slightly from May but up 1.3% year-on-year. The median existing-home price hit a record $440,600, up 1.8% annually and the 36th straight month of price growth; single-family homes led at $446,400 (also up 1.8%), while condos and co-ops came in at $380,000 (up 1.6%). Yun said affordability has actually improved year-on-year, as wages are outpacing home prices, but cautioned that stalled inventory growth risks reversing that progress by pushing prices higher — underscoring the need for more supply to reach the market.

Freddie Mac's weekly survey puts the average 30-year fixed-rate loan at 6.58% as of July 23, 2026, up from 6.55% the previous week.

U.S. Federal Prime Interest Rate = 6.75%

Closing Numbers · July 31st 2026

1 GBP buys 1.345 USD
1 USD buys 0.743 GBP

1 EURO buys 1.151 USD
1 USD buys 0.868 EURO

1 CAN $ buys 0.713 USD
1 USD buys 1.401 CAN $

1 BRL buys 0.197 USD
1 USD buys 5.063 BRL

Team Donovan publishes this updated monthly report on the 1st of each month for the benefit of all Orlando resort-area property owners. Our detailed community reports are updated and published on the 15th of each month.