Honolulu Board of Realtors July 2014 Housing Statistics

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Honolulu Board of Realtors, Multiple Listing Service, charts for Oahu, Hawaii, single family homes and condominiums, depicts monthly data from July 2013 through July 2014. Data shows that the average sales price for single family homes rose to nearly 5 percent with a modest increase in the overall number of closed sales when compared to one year ago. Condominium sales also show a modest increase in median sales price, average sales price, and number of sales as compared to one year ago. The median days on market was 23 days for condominiums and 20 days for single family homes and both remained relatively unchanged from one year ago. Nearly all presented monthly indicators for single family homes and condominiums were favorable for July 2014. The only exception was the percentage of original listing price received that dropped ever so slightly but it still remains at nearly 100 percent for both single family homes and condominiums. For more information on this report, to find out what's happening in the market today, or a more long-term perspective talk with a local Realtor.