Central Florida home sales and prices slumped in September. Here’s what it means for the market.

Central Florida home sales slipped again in September, which the Orlando Regional Realtor Association’s president called a sign of the market “leveling off.” 

There were 3,879 local home sales last month, down 5% from 3,999 sales in August, according to new data from the Realtor association. Meanwhile, home supply increased and the median home price took a dive for the first time since September 2020, all signs the local residential real estate sector, while still a strong seller’s market,…