December Oahu Stats and a 2011 Market Summary for Oahu Real Estate Trend - 02/04/12 11:27 PM
The Oahu Real Estate stats continue to show an active market with sales increasing, days on market low, and extremely low inventory levels. Normally, those stats indicate upward price pressure for Oahu real estate , and would be giving us climbing median prices. Median prices have remained unusually, almost inexplicably flat!!!
The reason could be a combination of the way median prices are calculated, and the high number of first time home buyers. First, median price calculation. Median price measures changes in choices, more than it measures changes in market value. This is because to calculate median, you list all of … (4 comments)

 
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Elena Roud, Realtor, Russian Speaking Honolulu Homes For Sale, Oahu Condos

Honolulu, HI

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Prudentail Locations, LLC

Address: Attn: Elena Roud , 614 Kapahulu ave # 200 , Honolulu, HI , 96815

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