Sales of Orlando homes posted positive increases in October, just one month after Hurricane Irma hit the pause button on housing transactions, reports the Orlando Regional REALTOR® Association. Sales increased by 7 percent in October when compared to October of last year, and increased by 14 percent when compared to last month.
In addition to increased sales, the median price of Orlando homes sold during the month of October continued its year-over-year upward trend. The overall median home price (all home types combined) is $218,000, which is 6.3 percent above the October 2016 median price of $205,000.
Each individual county’s sales comparisons are as follows:
*Lake: 10.6 percent above October 2016;
*Orange: 4.6 percent above October 2016;
*Osceola: 12.9 percent above October 2016; and
*Seminole: 2.9 percent below October 2016.