Single Family Home Sales began to slow the end of the year.  Sales volume is down from the same period last year, while the median prices have stabilized.

Condominium Sales had a drop in volume while the median price saw a small increase from the previous month. 

With interest rates lowering, both buyers and sellers should see it a good time to take advantage of the market conditions in most areas.

For the Month of December 2007

 

OAHU SINGLE FAMILY HOME RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

December 2007

240

 

$610,000

 

November 2007

245

 

$610,000

---

December 2006

346

-30.6%

$613,500

-0.6%

 

OAHU CONDOMINUM RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

December 2007

353

 

$320,000

 

November 2007

379

 

$315,000

+1.6%

December 2006

458

-22.9%

$315,500

+1.4%

*These numbers were taken from the Honolulu Board of Realtors MLS system and Old Republic Title they are deemed to be accurate, but not guaranteed.

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®, Broker-in-Charge, ABR, AHWD, CRS, e-PRO, GRI, SFR

Keller Williams Realty

 

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

 

www.HawaiiRandy.com *  Oahu (Honolulu County) Property Search  *  Hawaii Military Relocations

 

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Randy L. Prothero - Hawaii REALTOR® (808) 384-5645

Island Style Realty Inc. - "The Prothero Group"

Mililani, HI

More about me…

Island Style Realty Inc.

Address: 94-539 Puahi St., #B, Waipahu, HI, 96797

Office Phone: (808) 671-2225

Cell Phone: (808) 384-5645

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