Oahu Needs Listings – November Housing Report
When you look at the November Honolulu Board of Realtors statistics at a glance, it appears our market is relatively flat.
When you look at the November Honolulu Board of Realtors statistics at a glance, it appears our market is relatively flat.
After 5 months of downward sales of homes and condos on Oahu, the market finally started to heat up in August. September remained hot as year-over-year sales were up 4% for homes and 19% for condos! That’s the good news for buyers, sellers, and Realtors alike—deals are getting done. The bad news is prices were [...]
After June and July ended up being a slower home buying season compared to summers past, August finished strong. Home sales were up 20.8% and condos sales up 15% from 2010!
Although sales of single family homes on Oahu in July were down 7% from 2010, Realtors on Oahu closed as many transactions as June with 251 sales. Prices were also down 2.2% from last year. On a brighter note, they took a tick up from June’s median price of $575,000. It also took homes that [...]
In April, we experienced one of the largest dips in home sales on Oahu in awhile. This Honolulu home (MLS# 1014958) is priced at April’s median price of $585,000 Existing home sales were down 19.6% from the previous year. Condo sales were also down 6.7%. On a brighter note, prices were stable as the median [...]
The first half of 2010 on Oahu has been a “healthy” market to say the least. Last month I wrote about how more homes were selling faster at higher prices in May of 2010. June continued the trend of increased volume and less days on market, however prices were somewhat flat. Sales Volume was up 8.4% [...]