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hawaii kai: Oahu Median Sales Price up 8.6% - 02/14/12 01:44 PM
Oahu’s median sales price for homes jumped 8.6% in January to $618,900, which is the highest we’ve seen since September of 2010. Meanwhile, sales volume was down 12.1% from last year and its lowest since February of 2010, indicating signs of less inventory = higher prices.
Oahu Condo Statistics On the condo front, the median price was also up 4.8% to $305,000 and sales volume was up just slightly at 1.9%. After 4 months of pending sales dropping in volume, they picked up significantly in January as I think both Realtors and Buyers are coming through on their New Year’s resolutions.
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hawaii kai: March Home Prices Down on Oahu - 04/18/11 10:50 PM
You know the saying that goes "all is relative?" Relative to 2010, Oahu condo and home sales are in a slump. Existing home sales were down 2.4% and condo sales down 8.1%. The median sales price for homes were down 8.6% to $548,500 and condos were the glimmer of light up 1.6% to $315,000. That's the bad news.
The good news is relative to other parts of the country, our market is still "relatively" healthy. The average days on market for a home to sell in March was 41 for homes and 46 for condos. In addition, one strong sign for … (1 comments)

 
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David Buck

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Hawaii Real Estate through David Buck, a Realtor in Honolulu, Hawaii. Insights to real estate market trends, housing, economy, statistics, and where the Honolulu or greater Oahu real estate market is headed.


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