According to the Honolulu Board of Realtors, the median price of homes and condos has continued to show little movement over the past year. While there have been minor fluctuations, the price of single family homes has risen only 2.3% over this time last year, while condo prices have done a bit better, rising 4.8% over the third quarter of 2006, according to figures published by the Honolulu Board of Realtors this past Monday. This puts the median price of a single family home here at $649,000, while condos are at $330,000 island wide.

Of course, individual areas of the island have done much better or much worse than the island as a whole.  The highest priced neighborhood is Diamond Head, at $1,080,000, with Hawaii Kai close behind at $835,000 for single family homes. Condos in these exclusive areas are $469,000 and $520,000 respectively, when you can find one. The lowest priced homes can be found on the leeward coast, where single family homes stand at $387,000 and condos at $187,000 for median prices.  In the metro area (Town) of Honolulu, single family homes cost $705,500 and $330,000, closer to the island average.

If you are interested in looking at individual home prices throughout Oahu (Honolulu), take a look on my website, www.Hawaii-EstatesforLife.com  for more details.  You can reach me by phone at (808) 672-0100.