Oahu Market Statistics for June 2018

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
https://activerain.com/droplet/5dcd

Oahu Market Report - June 2018 - HI Pro Realty LLC

 

O‘ahu Housing Market Holds Steady in June

Sales and median prices for Oahu single-family homes dipped slightly, while condominiums showed modest gains in June according to resales figures released this week by the Honolulu Board of REALTORS®. The analysis conducted by the Board using data collected from its computerized Multiple Listing Service (MLS) system show the following statistics:

 

Single-Family Home Resales

  Number of Sales Median Sales Price
June 2018 365  -1.4% $782,388  -1.6%
June 2017 370 $795,000

Condominium Resales

  Number of Sales Median Sales Price
June 2018 547  2.1% $420,000   5.0%
June 2017 536 $400,000

 

 

During June 2018, the median sales price for single-family homes decreased by 1.6 percent to $782,388 from June 2017. The median price for condos increased by 5 percent to $420,000. Sales of single-family homes decreased by 1.4 percent, while condominiums sales rose by 2.1 percent from the same month last year. According to the Days on Market indicator, the median days for single-family homes was 16 and 18 days for condominiums.

 

“Single-family home prices were at an all-time high and selling at a record pace this time last year, and this year’s numbers are not far off,” said Darryl Macha, president of the Honolulu Board of REALTORS®. “We continue to see a steady upward trend after a slow start to 2018 and anticipate that we’ll see the peak of sales in the late summer months.”

 

 

Contact HI Pro Realty TODAY

For Expert Real Estate Sales and Pet Friendly Property Management

in Honolulu, Hawai‘i!

 

 

 

 

Posted by

 HI Pro Realty - PET FRIENDLY HONOLULU REALTOR, PROPERTY MANAGEMENT

 

HI Pro Realty LLC - REALTORS®, PROPERTY MANAGERS® is a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Management Services in Honolulu, Hawaii. 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Hawaii Honolulu County Honolulu
Groups:
Active Rain Newbies
Realtors®
Hawaii's Home Brokers
Almost Anything Goes
Hawaii Real Estate Professionals
Tags:
real estate market statistic oahu
hi pro realty pet friendly property managers
honolulu housing market stats
oahu market statistics for june 2018

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,462,164
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Appreciate the update. Have a great rest of the weekend!

Jul 08, 2018 08:11 AM #1
Rainmaker
750,998
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning 

Thank you for sharing your information with us 

Have a great day.

07/08/2018. 

Jul 08, 2018 08:14 AM #2
Rainmaker
898,134
Joyce Marsh, Daytona Beach Florida
Joyce Marsh Real Estate - Daytona Beach, FL
Coastal Homes and Lifestyles

Thank you for sharing the latest sales and inventory report on this segment of the real estate market. Always nice to learn more about the market in other areas of the country.  

Jul 09, 2018 12:17 AM #3
Rainmaker
4,222,963
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jul 09, 2018 06:55 AM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
667,176

Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
Have a question about Honolulu, Hawaii?
*
*
*
*
Spam prevention

Additional Information