kuliouou: Oahu Median Sale Price was $600k in April of 2012 - 05/26/12 06:01 PM
In April, the median sales price for a home on Oahu was $600,000, which was up 2.6% from the same month in 2011. Meanwhile, sales dipped 5.2% with 217 closed sales on Oahu.
The Oahu Condo Market Follows a Similar Trend The condo market followed a similar trend, with prices slightly up and sales slightly down. The median sales price was up 4.6% to $319,000 while sales were down 9.5% with 343 sales on Oahu. It appears we’re following a similar “seller’s market” trend as March as days on market dipped to 33 days for condos and just 30 days for single family … (0 comments)

kuliouou: April Honolulu Housing Stats - 05/10/11 09:03 PM
In April, we experienced one of the largest dips in home sales on Oahu in awhile.

This Honolulu home (MLS# 1014958) is priced at April's median price of $585,000
Existing home sales were down 19.6% from the previous year. Condo sales were also down 6.7%. On a brighter note, prices were stable as the median sales price on Oahu was up 3.5% for homes to $585,000 and down just 0.7% to $305,000 for condos.
Although the dip in home sales may be alarming, April is typically a slower month as people are preparing their taxes. This was also the first bump … (0 comments)

kuliouou: March Home Prices Down on Oahu - 04/18/11 03:50 PM
You know the saying that goes "all is relative?" Relative to 2010, Oahu condo and home sales are in a slump. Existing home sales were down 2.4% and condo sales down 8.1%. The median sales price for homes were down 8.6% to $548,500 and condos were the glimmer of light up 1.6% to $315,000. That's the bad news.
The good news is relative to other parts of the country, our market is still "relatively" healthy. The average days on market for a home to sell in March was 41 for homes and 46 for condos. In addition, one strong sign for … (1 comments)

 
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Hawaii Real Estate through David Buck, a Realtor in Honolulu, Hawaii. Insights to real estate market trends, housing, economy, statistics, and where the Honolulu or greater Oahu real estate market is headed.


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