Is Lake Mary a Buyer's or Seller's Market?

Updated November 4, 2026: active listings as of November 4; sales through September 2026. Stellar MLS.

Lake Mary is close to a balanced market right now: neither buyers nor sellers hold a clear edge. There are 3.8 months of supply here against 4.3 across the four counties we track, and the typical seller is closing at 95.8 percent of their original asking price against 96 percent regionally. Supply favors the seller and the price figure favors the buyer, so the two cancel out.

Months of inventory in Lake Mary: 3.8

185 active listings divided by 48.83 closed sales a month comes to 3.8 months, against 4.3 across the four counties we track.

What that means for you

Buying in Lake Mary? Neither side has the edge here, so the individual home decides it. Check how long it has been listed and whether the price has already been cut. The typical sale closed about 4.2 percent below the original asking price.

Selling? Price to what comparable homes actually closed at. In a market this even, the first price decides most of the outcome.

Want the read on one specific home instead of the city average? Call or text Brenden at 407-616-9019.

Months of inventory and absorption rate in Lake Mary

How many months of inventory does Lake Mary have?

Lake Mary has 3.8 months of inventory, also called months of supply, against 4.3 across the four counties we track. Months of inventory is how long the homes listed for sale would last at the past year's average sales pace if nothing new came on the market: 185 active listings divided by 48.83 closed sales a month comes to 3.8 months.

How many homes are for sale in Lake Mary?

185 homes were listed for sale in Lake Mary as of November 4, 2026. The count moves every day; see every active listing here: homes for sale in Lake Mary, FL.

How many homes sell in Lake Mary each month?

About 49. Over the last twelve months Lake Mary averaged 48.83 closed sales a month, which is the pace the months of inventory figure above is built on.

What is the absorption rate in Lake Mary?

In a typical month, closed sales in Lake Mary equal about 26 percent of the homes listed for sale, against about 23 percent across the four counties. That share is the absorption rate: 48.83 closed sales a month divided by 185 active listings. It is months of inventory turned upside down: a month's sales over the homes for sale, instead of the homes for sale over a month's sales. Some national guides call an absorption rate above 20 percent a seller's market and below 15 percent a buyer's market. Those cutoffs are the same kind of national rule of thumb as the six month line (20 percent is 5 months of inventory), so we do not use them either. On its own the absorption rate does not decide who has the edge, which is why the verdict above also weighs how close sellers get to their original asking price.

How close to asking price do homes sell in Lake Mary?

The median sale closed at 95.8 percent of its original list price, across 586 sales in the last twelve months. Across the four counties the figure is 96 percent. We measure against the original list price, so a price cut counts as part of what the seller gave up.

Is Lake Mary better for buyers or sellers than the rest of Central Florida?

Not clearly. It has fewer months of supply than the four county figure, 3.8 against 4.3, and sellers keep a smaller share of their original asking price, 95.8 percent against 96 percent, so neither side holds a clear edge.

Why don't you use the six month rule?

That number is roughly the long run average of a national sales series, and it does not describe this market: across the 64 Central Florida submarkets we track, not one is currently closing at full original asking price. A six month line would call the whole region a seller's market while the median sale in every one of those submarkets closes below its original asking price, so we compare each place to the four county figures instead.

See every active listing here: homes for sale in Lake Mary, FL