Hawaii real estate statistics April 2013 for Oahu

The Hawaii real estate statistics,  April 2013 for the island Oahu. According to the analysis by the Honolulu real estate board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:

*Median price means half the prices were above and half below the given price.

Oahu real estate home sales statistics April 2013

Sales of single-family homes and condominiums on Oahu increased by 29 percent and 33 percent, respectively, from April 2012. The median price paid for the island of Oahu properties in March was $625,000 for single-family homes and $335,000 for condominiums, increases of 4.2 percent and 5.0 percent, respectively, compared to the same month last year.  According to the Days on Market indicator, sales of both single-family homes and condominiums were accepted at a faster pace last month compared to a year ago, with single-family properties listing for 23 days and condominiums listing for 19 days.

News Release/ April 2013 Honolulu Housing Statistics May 7, 2013

“Compared to this time last year, the tremendous jump in total number of sales and a rise in median price for both single family homes and condominiums shows that the market is pised to make a strong comeback.” said Kevin Miyama, president of the Honolulu Board of REALTORS®.  “Our members are excited about April’s strong showing, and look forward to building on this momentum as we head into the Summer months.”