Oahu Upscale Real Estate Report for November 2011

Oahu Upscale Real Estate Report

November 2011

Quick Summary

Oahu Single Family Homes Sales: down 3% from last year; down 19% from last month.

Oahu Condos Sales: up 3% from last year, down 11% from last month.

Oahu SFH Escrows: down 17% from last year; down 14% from last month.

Oahu Condos Escrows: up 1% from last year; down 5% from last month.

Oahu SFH Median Selling Price: down 2% from last year and flat with last month.

Oahu Condos MSP: up 1% from last year; up 3% from last month.

Oahu SFH $PSF up 8% from last year, down 1% from last month.

Oahu Condo $ PSF up 10% from last year, up 6% from last month.

Oahu SFH Months on Hand: 5.3, Seller’s Market

Oahu Condos Months on Hand: 5.6, Seller’s Market

Oahu Upscale Sales: up 13% from last year, down 33% from last month.

Oahu Upscale Escrows: down 34% from last year, down 26% from last month

Oahu Upscale Price/Square Foot: up 35% from last year, up 7% from last month.

Oahu Total Market:

The data provided in the Oahu Upscale Real Estate Report differs from that provided by the

Honolulu Board of Realtors and reported in the press because the Board includes every

property listed in the Honolulu MLS system, including properties on the other islands. We

believe that it is more accurate to look only at Oahu properties, and so we removed all non-

Oahu properties from our data.

Sold Volume

219 Single Family Homes (SFH) on Oahu were sold in October, down 3% from last year and

down 19% from September. 308 Condos were sold in October, up 3% from last year and down

11% from September.

To read more click on this link: http://www.elitepacific.com/upscale.pdf