December 2011 Oahu Upscale Real Estate Report

By
Managing Real Estate Broker with Kimi Correa, Broker-in-Charge at LUVA RB - 22542

 

Oahu Upscale Real Estate Report

 

December 2011

 

Quick Summary

 

Oahu Single Family Homes Sales: down 2% from last year; up 5% from last month.

 

Oahu Condos Sales: up 7% from last year, up 1% from last month.

 

Oahu SFH Escrows: down 7% from last year; down 9% from last month.

 

Oahu Condos Escrows: down 6% from last year; down 12% from last month.

 

Oahu SFH Median Selling Price: up 1% from last year and up 1% from last month.

 

Oahu Condos MSP: down 7% from last year; down 4% from last month.

 

Oahu SFH $PSF up 3% from last year, up 1% from last month.

 

Oahu Condo $ PSF down 4% from last year, down 4% from last month.

 

Oahu SFH Months on Hand: 5.6, Neutral to Seller’s Market

 

Oahu Condos Months on Hand: 6.2, Neutral

 

Oahu Upscale Sales: down 10% from last year, up 4% from last month.

 

Oahu Upscale Escrows: down 4% from last year, down 8% from last month

 

Oahu Upscale Price/Square Foot: up 16% from last year, down 4% from last month.

 

Oahu Total Market:

 

The data provided in the Oahu Upscale Real Estate Report differs from that provided by the

 

Honolulu Board of Realtors and reported in the press because the Board includes every

 

property listed in the Honolulu MLS system, including properties on the other islands. We

 

believe that it is more accurate to look only at Oahu properties, and so we removed all non-

 

Oahu properties from our data.

 

Sold Volume

 

229 Single Family Homes (SFH) on Oahu were sold in November, down 2% from last year and

 

up 5% from October. 310 Condos were sold in November, up 7% from last year and up 1% from

 

October.

 

To Read the full report, click on the below link:

 

http://www.elitepacific.com/upscale.html

 

 

 

Posted by

 

With Aloha,

Kimi Correa  RA | SRS | ABR | MRP

RS-73480

(808) 222.3047 cell

(808) 356-1599 fax

email: Kimi@KimiCorrea.com

https://www.kimicorrea.com

homes for sale in Hawaii

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