Orlando's median list price dropped 1.8% to $419K, slightly below the national median. Active listings fell 4.1% year-over-year, tightening inventory despite steady new listings. Over 21% of homes had price cuts, up 4.1 points from last year, indicating negotiation opportunities. Homes stayed on the market 74 days on average, longer than the national 57 days, highlighting the need for competitive pricing and presentation.