Honolulu County Real Estate Housing Market Numbers Are Out for JUNE 2009 ! 

In the previous two posts on Year to Date Honolulu County Housing Market Statistics I showed you the reality from 2008 to 2009 where numbers and sales prices showed a decrease. Looking at the following housing market numbers and sales prices from May to June 2009 we now are showing a little increase in activity and sales prices.

Single Family Home Resales Numbers:  The June 2009 sales numbers are starting to climb at 254 Single Family Home sold in the month of June compared to 225 in May of 2009. An increase of 29 sales compared to May 2009 in number of sales for the island of Oahu (Honolulu County)

Single Family Home Average Sales Prices:  Our Honolulu County Resales for Single Family homes showe an increase in sales prices for the past one month time period. A $19,000 increase in Average Sales Price for the island of Oahu (Honolulu County). and a 3.5% increase in a one month period! 

Condo/Townhouse Resale Numbers:  Our Honolulu Real Estate Housing Market sales numbers have increased in the past month from 263 to 293 sold units. An increase of 30 solds in a one month period!

Condo Average Sales Prices:  The Year to Date sales prices shows an increase of 1.6% from $305,000 to $310,000 for the island of Oahu (Honolulu County). 

Could this be a turn around for our market now?  We're hoping so. Business has picked up for all, interest rates are seemingly up and down and inventory slowly going down in all neighborhoods. If your situation and circumstances allow....it just may be your time to buy and also utilize that $8,000 first time home buyer credit this year.

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