Single-family homes are going into escrow after a median of 14 days on the market, according to the latest stats compiled by the Honolulu Board of Realtors in May. Demand continues to be strong, pushing median sales prices up 4.4% – to $778,000 last month, up year-over-year from $745,000. Indicating it remains a seller’s market here on Oahu.
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There were 520 condominium units sold on Oahu in May, an increase of 5.1% from 495 units sold in May of last year, according to the Honolulu Board of Realtors. Search Close Sign In
The median price paid for single-family homes in September 2015 increased by 7.6 percent from the same month last year to $730,000, which the Honolulu Board of Realtors says is an all-time record.
That’s the takeaway from new home and condominium sales figures from the Honolulu Board of Realtors, which show the number of homes sold on Oahu in December is down 28 percent from the same.
The new record median price on Oahu is $730,000. This is the 5th time the median price has finished at or above $700,000 since the $700,000 mark was initially hit in June of 2014. This was also a 7.6% increase since September of 2014. Here’s the lowest priced home in Hawaii Kai (MLS# 201511358) priced near September’s median
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A new median sales price record for Oahu condos in January 2018. The median price for condominiums jumped by 13.2% percent from last year to $430,000. Sales of single-family homes increased by 2.0 percent year over year, while condominium sales decreased by 1.1 percent from January 2017. According to the Days on Market indicator,