Oahu home sales statistics

Oahu home sales statistics October 2013

Oahu home sales statistics for the months of October 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
October 2013 290 $640,000
October 2012 282 +2.8% $625,000 +2.4%

 

Oahu Condominium Re-sales
Number of Hi
condo Sales
This Month
Compared To
Median* 
Sales Price
This Month 
Compared To
October 2013
419 $325,000
October 2012 425 -1.4% $325,500 +0%

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

 

Oahu home sales statistics October 2013

Sales of single-family homes and condominiums on Oahu increased by 2.8 percent and decreased by 1.4% percent, respectively, from October 2012. The median price paid for the island of Oahu properties in October increased 2.4% to $640,000 for single-family homes and was flat at $325,000 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 22 days and condominiums for 19 days.

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

“October was relatively flat for both sales and the median price of single-family homes and condominiums, which is typical of this of year, ” said Kevin Miyama, president of the Honolulu Board of Realtors. “Of note, median days on market have flattened out the past five months, and the number of new listings is increasing, so we’re slowly adding into inventory.”

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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