Sales are recovering from Hurricane Irma’s impact at a pace that is exceeding expectations, and are back on track after just one month of significant hurricane-related declines. In fact October’s numbers have helped to keep the 2017 year-to-date home sales tally in the black at 3.6 percent.
*Orlando’s market currently favors sellers, particularly within the lower (under $300,000) price categories, which are in very high demand. Indicators of a seller’s market include: declining inventory, rising sales, rising prices, and a very low months-of-supply statistic.