Home prices on Oahu decline in May as inventory rises, Honolulu Board of Realtors says – Pacific Business News

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(Reuters, Apr. 30th) Real Estate Sales and House prices oahu home sales, Prices Rise (Pacific Business News, May 2nd): "Honolulu Board of Realtors: There were 342. 584 units sold during April ’06..

Home sales, prices decline on Oahu in April The median price of a single-family home on Oahu in April was $766,750, the Honolulu Board of Realtors said. oahu home sales snap negative streak Oahu home prices didn’t budge much in April, but the same wasn’t true for sale volume, which surged for single-family homes and plummeted for condominiums.

Hawaii houses and condos stay on market a bit longer. The median price of a single-family house was $683,500 in July, up 5.6 percent from the same month last year. Condominiums, meanwhile, rose 1.8 percent to $351,750, according to monthly housing statistics released Thursday by the Honolulu Board of Realtors.

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The median price paid for single-family homes in September 2015 increased by 7.6 percent from the same month last year to $730,000, which the Honolulu Board of Realtors says is an all-time record.

Top News Oahu home prices rose in October despite drop in sales. by the Honolulu Board of Realtors. The median price for a single-family home rose more than 6 percent with half of the homes.

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The most recent report from the Honolulu Board of REALTORS (HBR) points out lack of inventory with two key statistics. In April, there were 424 new single-family home listings added to the inventory, and 301 homes that closed. During the same period, 639 condos came on the market while 454 condo sales closed.

With the success of each member as its primary focus, the Honolulu Board of REALTORS, led by an elected Board of Directors comprised of HBR members, is actively involved in many issues and efforts that foster community and business growth. As the voice of Oahu’s real estate industry, HBR promotes and protects the interests of its members and.

Oahu home sales decline, although prices are holding Prices manage to remain relatively stable as the Leeward side bears the brunt of the drop year-over-year STORY SUMMARY Honolulu’s real estate market continued to show signs of cooling, with home sales dropping 33 percent, and condo sales dropping 30 percent in August from last year.