Oahu Real Estate: Selling More and Faster, and at Higher Prices

By
Real Estate Agent with Harcourts Island Properties RB-20368

Many leading indicators last month from the Honolulu Board of Realtors statistics show our market on Oahu has been heating up for the summer.

Selling More: Single family home sales were up 31.5% in May and condo sales were up 35.5% compared to 2009.

Selling Faster: Homes only took 27 days on the market to sell, while condos took 28 days on the market. This is a big difference from 47 and 52 days, respectively, in 2009.

Higher Prices: The median sales price for homes was up 11.8% to $606,000 and condo prices were up 4.2% to $312,500.

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Rainmaker
514,570
Steven Nickens
Wailea Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Good news for Hawaii, summer is looking up.

Jun 28, 2010 09:55 PM #1
Rainmaker
514,570
Steven Nickens
Wailea Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Good news for Hawaii, summer is looking up.

Jun 28, 2010 09:55 PM #2
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David Buck

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