January 2014 - Oahu (Honolulu County) Real Estate Report

By
Managing Real Estate Broker with eXp Realty RB-19250

January 2014 - Oahu (Honolulu County) Residential Real Estate Sales Activity

Below is the sales activity for the month of January 2014 compared to the previous month and the same month last year.  This covers resale homes for Honolulu County (Oahu). 

Single Family Home sales volume and prices took their seasonal dip compared to the month before, but showed increases in price and volume compared to the same month last year.  Low inventory levels are continuing to keep pressure on the market.

Condos and townhouses have not seen the same increases in prices that single family homes have seen, but they seeing the same pressures with low inventory.  Look for condo prices to climb in 2014 if market conditions remain consistent.

 

Single-Family Resale Homes               

                                  # Sales                    Median Price      Average Price

Jan    2014                  246                              $629,500         $765,327

Dec    2013                 283                              $685,000         $857,718

Jan    2013                  227                              $595,000         $660,843

    

Condos/ Townhouse Resale Units

                                  # Sales                   Median Price       Average Price

Jan   2014                   310                              $320,000         $395,810

Dec   2013                  390                              $330,000         $387,592

Jan   2013                    286                             $315,000         $383,538

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*Median price means half the prices were above and half below the given price.  For additional stats, please contact me.

Data was taken from the Honolulu Board of REALTORS® MLS system.  It is deemed to be accurate, but not guaranteed.

 

 

Contact me anytime for updated numbers for your individual community.

Posted by

 

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Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

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