Honolulu statistics look good for the first quarter of 2007

The Honolulu Board of Realtors® reports* that "During the first quarter, the number of sales declined from last year and the median prices were stable. The total dollar volume of sales was $1.187 billion in the first quarter, a decrease of $153 million, or 11.4 percent, from the $1.340 billion in sales achieved in the same quarter last year." The HBR also reported that while the median price of single family homes on Oahu decreased 0.8% from $625,000 to $620,000 from the first quarter of 2006 to the first quarter of 2007, the median price of condos actually increased 3.6% from $309,000 to $320,000 in the same period. If you are interested in seeing what is available in Honolulu, current listings can be viewed on my website. Please do not hesitate to contact me if you have any questions about Honolulu Real Estate. * Source: The Honolulu Board of REALTORS®