Oahu Real Estate Market Finishes Strong in 2010

By
Real Estate Agent with Harcourts Island Properties RB-20368

The Honolulu Board of Realtors recently released their stats for December and year end for 2010. Both sets of data ended on an upswing.

map-oahu Oahu Real Estate Upswing

Oahu Single Family Home Sales in December:

  • There were 306 sales, which was up 12.5% from December of 2009
  • The median sales price was $587,000, which was up 5.8% from December of 2009  

Oahu Condo Sales in December:

  • There were 341 sales, which was down 2.6% from December of 2009
  • The median sale price was $303,000, which was up 0.2% from 2009

Oahu Single Family Home Sales for Year End:

  • There were 3,051 sales, which was up 13.4% from 2009
  • The median sales price was $592,750, which was up 3.1% from 2009

Oahu Condo Sales for Year End:

  • There were 3,934 sales, which was up 10.3% from 2009
  • The median sales price was $305,000 which remained the same as 2009

Buyers took advantage of low interest rates, and sellers realized some appreciation for a change. As we head into 2011, Contact me to help your New Year's real estate resolutions come true.

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ActiveRain Community
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Hawaii Honolulu County
Groups:
Realtors®
Tags:
oahu real estate
oahu sales
oahu housing prices

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