In 2025, the Central Florida real estate landscape is shifting—and condos aren’t immune. From Orlando to nearby communities, buyers are seeing more inventory, softer prices, and higher costs of ownership. Before you invest, here’s a full breakdown of the Central Florida condo market 2025, plus the advantages and disadvantages you should know.
Market Snapshot: Central Florida Condo Trends in 2025
Rising inventory & stabilizing prices: Florida housing inventory has climbed sharply, with a notable 24% year-over-year increase in active listings, helping cool off what was once a frenzied market (Ramsey Solutions). In Orlando, listings increased by 35% from May 2024 to May 2025, providing buyers with more options (WFTV).
Prices more balanced; flat to slightly falling: Orlando home prices have been stable—hovering around $450,000—while statewide median prices dipped modestly 1–3% from prior high (Business Insider).
Condo-specific challenges are growing: Condos are underperforming relative to single-family homes. U.S. condo prices are at their weakest levels in over a decade, with oversupply and waning buyer demand, particularly in the South. Florida, still recovering from legacy concerns like the Surfside collapse, is especially impacted (The Wall Street Journal).
Time on market rising: In Orlando, homes—including condos—are spending more time on the market. Metro-wide, listings stayed up to 15 days longer than last year (New York Post, orlandorealtors.org). Through the end of August, condos have on average nearly 11 months of inventory, which is nearly double the 5.61 months for single-family homes, and are staying on the market almost a month longer than single-family homes.
1. Advantages of Buying a Condo Now
More Buyer Power & Negotiation Leverage
With inventory rising significantly and condo demand cooling, buyers are in a stronger position than in prior years, with more options, a stronger negotiating position, and fewer bidding wars.
More Affordable Price Point vs. Single-Family Homes
Condos are often priced lower than single-family homes, allowing for more opportunity at a lower price point. Data from the Orlando Regional Realtors Association shows that condos are priced around $ 300,000, versus mid-$400,000 for single-family homes, offering a more budget-friendly option.
Low Maintenance & Attractive Amenities
Many condo communities feature resort-style amenities, including pools, gyms, and clubhouses, which are ideal for relaxation and entertaining. Many HOAs minimize maintenance responsibilities by covering expenses for trash removal, landscaping, and exterior maintenance.
Equity-Building & Potential Rental Income
Home ownership allows you to accumulate equity as opposed to renting. In a healthy real estate market, you can expect your equity to grow 3-5% year over year. You can also receive tax benefits if you have a mortgage. Be sure to consult with a tax professional to discuss the advantages of having a mortgage.
2. Disadvantages & Risks to Consider
Higher HOA Fees & Assessments
The state of Florida passed a new wave of stricter condo inspection laws after the tragic Surfside Condo building collapse, requiring milestone inspections every 10 years and solid reserve funds for structural integrity. These requirements were implemented to prevent future issues, but have unfortunately led to rising HOA dues and special assessments.
Rising Insurance Premiums & Cost of Ownership
Homeowners insurance in Florida has sharply increased and is up over 54% since 2019. The rising insurance costs are adding pressure to affordability and pushing some buyers off the market (Business Insider).
Slower Appreciation & Condo-Specific Weakness
In some Florida sub-markets, condos are seeing slower or even negative equity growth. The changes in supply and new regulatory concerns are impacting demand.
Longer time on the market = Liquidity Concerns
Condos are frequently taking longer to sell. In Orlando and Miami, the time-on-market has increased significantly, making it more challenging to resell quickly if needed (New York Post).
3. Verdict: Is Now the Right Time?
Buying may make sense if:
- You’re ready for long-term ownership or investment (5+ years)
- You can cover HOA and insurance comfortably
- You’re looking for a lower-cost entry with minimal maintenance
But consider waiting if:
- You plan to resell in the near future
- HOA and insurance expenses threaten affordability
- You’re looking for aggressive appreciation or easy resale
Final Thoughts
The Central Florida condo market 2025 is offering buyers more leverage and opportunities than in recent years—but also new challenges. Whether you’re seeking affordability, amenities, or rental potential, it’s important to weigh the pros and cons before making your move.
✅ Ready to explore condos in Orlando or Central Florida? Contact Diamond Real Estate Group for expert guidance, local insight, and access to the best opportunities in today’s shifting market.
📲 Call or text 407-797-2931
📧 Email tiphany@dregorlando.com
🌐 Visit www.dregorlando.com to start your home-selling journey.
Meet Tiphany
Orlando Real Estate Pro
Buying a home is one of the most important purchases one can make, but it doesn’t need to be complicated. I’m Tiphany Weeks, the founder and broker of record for Diamond Real Estate Group. While traveling the world as a baseball wife we moved around a lot; and it wasn’t always easy. I realized the search to find a realtor that knows exactly what you need can be a very daunting task, so I decided it was time to create a new solution for helping people find their way home.
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