Oahu home sales statistics Sept. 2013

Oahu home sales statistics September 2013

Oahu home sales statistics for the months of September 2013. According to the analysis by the Honolulu real estate board, using data collected from its computerized Multiple Listing Service (MLS) system, the Island  housing statistics are:

Oahu Single-Family Home Re-sales
Number of Hi
home Sales
This Month
Compared To
Median* Hawaii
Sales Price
This Month 
Compared To
September 2013 303 $675,000
September 2012 304 -0.3% $637,000 +6%

 

Oahu Condominium Re-sales
Number of Hi
condo Sales
This Month
Compared To
Median* 
Sales Price
This Month 
Compared To
September 2013
421 $348,000
September 2012 350 +20.3% $319,500 +8.9%

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

 

Oahu home sales statistics September 2013

Sales of single-family homes and condominiums on Oahu increased by 24.9 percent and 20.3 percent, respectively, from September 2012. The median price paid for the island of Oahu properties in September was $675,000 for single-family homes and $348,000 for condominiums, an increase of 6% and 8.9% respectively compared to the same month last year.  According to the Days on Market indicator single-family homes were on the market for and average of 18 days and condominiums for 20 days.

News Release/ September 2013 Honolulu Housing Statistics October 9, 2013

“While it was a relatively positive month for Honolulu’s residential market, we are seeing the effects of low inventory,” said Kevin Miyama, president of the Honolulu Board of REALTORS®. “Potential sellers interested in listing their properties should consider taking advantage of current market conditions, especially if they are interested in buying-up before interest rates rise, which is expected to happen in 2014.”

Hawaii real estate market statistics customized

We are updating our database with terabytes of Hawaii home sales data. Bonnebaker luxury real estate is already providing extensive Hawaii real estate market statistics for our clients, including investors. Soon we will be able to provide unique customized Hawaii real estate statistics fully automated with unique algorithms, including statistics per street, neighborhood, and condo buildings.

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If you are in the process of buying or selling a property in Hawaii and would like to know more about the market, feel free to Contact Malia.

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