20% increase in number of Condo Sales in February

The number of condo sales in Honolulu increased by 205 year over year in February 2011.  The median sales price rose 7%.  This is a sign that our lower priced real estate is starting to really move.  We first see the volume increase and then the sales price. Look for more improvement in the condo market in the months to come.  To learn more about Hawaii’s condo market contact Malia L Meenderman, R, our Principal Broker at Bonnebaker LLC.

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