Single Family Resale Median Prices are consistent in January 2008 with January 2007. After seeing price increases earlier in 2007 Single Family Homes saw the median price in January dip back to the 2007 level for the same period. Sales volume continues to be down from the previous 12 month period.
Condos and Townhouses saw a slight increase over January 2007 for the median price, while sales volume saw an even larger drop than the single family homes saw.
January 2008 Residential Resales Statistics for Oahu
Single Family Home Resales | | | Number of
Sales | This Month
Compared To | | Median*
Sales Price | This Month
Compared To | | | January 2008 | 228 | | | $ 600,000 | | | | December 2007 | | | | $ 610,000 | dn 0.2% | | | January 2007 | 263 | dn 13.3% | | $ 600,000 | No Change | | | Condominium Resales | | | Number of
Sales | This Month
Compared To | | Median*
Sales Price | This Month
Compared To | | | January 2008 | 324 | | | $324,000 | | | | December 2007 | | | | $320,000 | up 1.3% | | | January 2007 | 418 | dn 22.5% | | $320,000 | up 1.3% | | |
Click here to view December 2006 Resales Charts.
| *Median price means half the prices were above and half below the given price. |
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*The above numbers and statistics were provided by the Honolulu Board of Realtors and are deemed to be accurate, but not guaranteed.
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