O'ahu 3rd Quarter Single-Family Home Sales Rise as Condo Sales Decline
By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
O'AHU HOUSING MARKET CLOSED OUT THIRD QUARTERWITH MIXED ACTIVITY Single-family home median price declines 3.9% year-over-year as 39% of September sales close below $1 million HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, O'ahu's housing market closed out the third quarter with continued growth in single-family home sales, while condo activity remained below last year's pace. September single-family home sales rose 6.2% year over year, contributing to a 9.3% increase for the third quarter and a 5.9% gain year to date, while condo sales declined 8.1% in September, 2.7% for the quarter, and 2.4% year to date. In September, 39% of single-family home sales were below $1 million and 47% of condo sales were below $500,000. Across both markets, 1...
Comments
5