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Oahu (Honolulu County) Residential Real Estate Sales - Sept. 2014
Below is the sales activity for the month of September 2014 compared to the same month last year.  This covers resale homes for Honolulu County (Oahu) and does not include new construction homes. 
  
                                              
 
 
Single Family Home sales volume is still strong, in previous months volume was less, but prices were up from last year.  In September we saw volume up a little from last year at this time, but prices flattening out. The average price is up while the median price is close to the same.  That means more higher priced homes were sold this year compared to last.  We continue to struggle with a low number of available homes for sale.  Low interest rates are keeping buyers engaged and with the Fed predicting to begin to raise interest rates early next year, look for both buyers and sellers to get motivated to take advantage of this window of opportunity.
 
Condos and townhouses are seeing similar patterns as single family homes.  There is a slight dip in both volume and median price.  Average ... more

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