Makapu'u Oahu Hawaii

Oahu home sales statistics November 2013

Oahu home sales statistics for the months of November 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
November 2013 296 $684,000
November 2012 290 +2.1% $640,000 +6.9%

 

Oahu Condominium Re-sales
Number of Hi
condo Sales
This Month
Compared To
Median* 
Sales Price
This Month 
Compared To
November 2013
407 $330,000
November 2012 363 +12.1% $325,500 +1.5%

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

 

Oahu home sales statistics November 2013

Sales of single-family homes and condominiums on Oahu increased by 2.1 percent and 12.1% percent, respectively, from November 2012. The median price paid for the island of Oahu properties in November increased 6.9% to $684,000 for single-family homes and increased 1.5% to $330,000 for condominiums 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 17 days and condominiums for 24 days.

News Release/ November 2013 Honolulu Housing Statistics December 7, 2013

“We’re pleased to see these positive numbers, as they are indicative of the market’s continued strength as we head into 2014,” said Kevin Miyama, president of the Honolulu Board of Realtors. “It will be interesting to see where the market goes, especially when you consider that this month’s median single family home price is just $1,000 short of our all-time high.”

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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