Hawaii real estate statistics June 2013 for Oahu

The Hawaii real estate statistics,  June 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 June 2013

Sales of single-family homes and condominiums on Oahu increased by 10.4 percent and 14.6 percent, respectively, from June 2012. The median price paid for the island of Oahu properties in May was $677,250 for single-family homes and $330,000 for condominiums, ain crease of 9.2% and 11.1% respectively compared to the same month last year.  According to the Days on Market indicator, sales of both single-family homes and condominiums were sold faster last month compared with the previous year.  Both Single family homes and condominiums were on the market for 20 days.

News Release/ June 2013 Honolulu Housing Statistics July 8, 2013

“June was another strong month for sales, with double-digit increases for both single-family homes and condominium,” said Kevin Miyama, president of the Honolulu Board of REALTORS®. “Additionally, the median sales price for single-family homes is the highest it has been since the market’s peak at $685,000 in June 2007. We’re now only 1.1 percent below peak price.”