Central Florida home price cuts climb to 1,287 listings

Price reductions across Orange, Seminole, Volusia and Lake counties rose to 1,287 in the week ending Nov. 8, with 59.21% of those listings sitting on the market at least 60 days. The data points to a widening gap between asking prices and buyer demand in Central Florida.

Why it matters: - Price cuts are becoming a stronger signal of leverage shifting toward buyers in parts of Central Florida. - The share of reduced listings that have lingered 60 days or more suggests sellers are waiting longer before adjusting expectations. - The average cut of 3.45% shows many owners are trimming prices, but not always enough to move fast.

What happened: - Active residential listings with a price reduction in the seven-day window ending Nov. 8 totaled 1,287 across Orange, Seminole, Volusia and Lake counties. - That count was up 40 from the prior seven-day window, a 3.21% weekly increase. - The analysis comes from Stellar MLS data reviewed by The Homes In Orlando Team. - The monthly Orlando Price Reductions Report includes county figures, methodology and a citation reference.

The details: - The average reduction across the four-county group was 3.45% off the prior asking price. - 762 reduced listings, or 59.21%, had been on the market 60 days or longer. - Orange County had the most reductions at 528 listings, up 12 from the prior week. - Seminole County had 180 reductions, down 8. - Volusia County had 281 reductions, up 29. - Lake County had 298 reductions, up 7. - Volusia County posted the deepest average reduction at 3.77%. - Lake County had the highest 60-day-plus share at 63.42%. - Seminole County had the lowest 60-day-plus share at 55.56%. - The 60-day-plus share ranged by 7.86 percentage points across the four counties, which suggests a shared regional pattern rather than four separate market stories. - Average list prices for reduced listings were $556,631 in Orange County, $464,821 in Seminole County, $408,947 in Volusia County, $420,668 in Lake County and $480,064 regionwide.

Between the lines: - Brenden Rendo said the timing of a price cut matters more than the size of the cut. - Rendo said a seller who has already reduced once and is still waiting has signaled motivation and flexibility on terms. - The pattern points to a market where stale listings are increasingly being forced to reposition, especially after multiple weeks without a sale.

What's next: - The Homes In Orlando Team says the counts are refreshed weekly and reflect Nov. 8, 2026. - The next update will show whether price reductions continue to rise or whether sellers begin to hold firmer on list prices. - The team also publishes weekly market data for Orange, Seminole, Lake and Volusia counties drawn directly from Stellar MLS.

The bottom line: - Central Florida’s reduced-listing pool is getting larger, older and more price-sensitive, which signals a market where patience is costing sellers more time on market.