The same ‘ole story has finally changed. After almost of year of writing articles on how our sales volume is increasing on Oahu, July was the first month where we didn’t outpace the previous year’s overall numbers. Single family home resales just barely outpaced July of 2009 by two sales, while condo sales were down from 343 to 320.
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Oahu Home Sales Down, While Median Price Up to $605,000
Posted by David Buck, R, BIC on August 19th, 2010 |
Tags: Homes, Kahala, Kaneohe, Nuuanu, Oahu, Sales Stats, Wahiawa
More Oahu Homes Selling in Less Time in June
Posted by David Buck, R, BIC on July 22nd, 2010 |
Tags: Downtown, Homes, Honolulu, Moanalua, Nuuanu, Oahu, Sales Stats, Wahiawa, Windward Coast
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% for Homes and 38% for Condos!
Homes that Sold on Oahu averaged only 32 Days on Market, while Condos averaged 31 Days. This is phenominal when you compare to the rest of the United States!
Prices were relatively flat with Median Sales Prices up .9% for Homes and down 3.2% for Condos
What does this all mean? Buyers are realizing that the market may be bottoming out Read entire post →
Oahu’s Real Estate Sales Volume Continues to Outpace 2009
Posted by David Buck, R, BIC on March 9th, 2010 |
Tags: Downtown, Hawaii, Kaneohe, North Shore, Nuuanu, Oahu, Sales Stats, Wahiawa
The Honolulu Board of Realtors has released statistics for February and we continue to outpace our 2009 sales figures.
January was a fabulous month as we led the nation in rebounding sales. February turned out to be another strong month as there were 157 single family home sales for an increase of 21.7% over last year. Meanwhile, there were 231 condos that sold for an increase of 44.3%! Read entire post →
January Home Sales on Oahu up 33%
Posted by David Buck, R, BIC on February 5th, 2010 |
Tags: Diamond Head, Kapahulu, Makaha, Nanakuli, Oahu, Sales Stats, Wahiawa, Windward Coast
There was a recent article in the Pacific Business News titled 2010 Oahu home sales off to fast start that talked about how we’ve been on a roll here on Oahu with home sales up every month since January 0f 2009! Year over year home sales were up 33% with 166 sales and condo sales up 43% with 227 sales! This momentum has definitely carried on from November and December of 2009. What was interesting to see was the median price of a single family home was up 11% from last year, while the median sales price Oahu condos was down 2%. While the numbers were great, real estate is always local…
Where was up?
- Diamond Head/Kapahulu had the highest appreciation at 73.3 % year over year
- Windward Coast with sale up 250% year over year
Where was down?
- Wahiawa experienced the highest depreciation with prices down 32.8% year over year
- Makaha/Nanakuli had the largest drop in number of sales down 61.5% year over year
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