The demand for housing in Honolulu is still strong, however, we are seeing softening in a few markets. In November 2015, the number of sales for single-family homes rose by 9.3 percent from November 2014, while condo sales dropped by 1.4 percent compared to November 2014. The median price for single-family residences in November 2015 decreased by 0.6 percent from the same month in 2014 to $715,500. The median price for condos rose by 1.3 percent from November 2014 to $347,500. The median days on market for single-family residences was 21 days, while the median days on market for condominiums was 22 days.
O'ahu Market Statistics for Nov. 2015
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