Yes, because you would look back from Oct 25, 2025 to Oct 26, 2020. The question is did you live in that home for at least 24 months of the 60 months during this period of time? And you did, since you lived in the home for the 60 months from Oct 26, 2020 until Oct 23, 2025.
Now, the "2 of 5" year clock on the new home didn't begin until Oct 23, 2025, even though you've owned it since 2023 - because it did not become your primary residence until that date. So if you sell prior to Oct 23, 2027, you would not meet the "2 of 5" rule.
