Statistics August 2015 - Hawaii House

More price increases in Hawaii real estate – August 2015

The Hawaii Real estate statistics  for the month of August 2015 are release today. 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 (Hawaii) Single-Family Home Re-sales
Number of Oahu
home Sales
This Month
Compared To
Median* Oahu
Sales Price
This Month 
Compared To
August 2015344$699,000
August 2014323+6.5%$650,000+7.5%
Oahu Condominium Re-sales
Number of Oahu
condo Sales
This Month
Compared To
Median* 
Oahu Sales Price
This Month 
Compared To
August 2015
428$354,000
August 2014444-3.6%$350,000+1.1%

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

More price increases in Hawaii real estate - August 2015

During August, the median price paid for single-family homes increased 7.5% year over year to $699,000. The median price for condominiums increased by 1.1% percent from last year to  $354,000. Sales of single-family homes increased by 6.5 percent, while condominium sales decreased by 3.6% percent from August 2014. According to the Days on Market indicator, single-family homes were on the market for 20 days while condominiums were on the market for 19 days.

September 7 News Release: August 2015 Honolulu real estate statistics

“August single-family home sales showed healthy gains over last year,” said Jack Legal, president of the Honolulu Board of Realtors. “We were pleased to see the inventory of homes increasing, and pending sales are up almost 9 percent, which indicates a strong trend heading into September. We saw the greatest percentage increase in single-family home sales in the Hawaii Kai, Kalihi-Palama, and Waialae-Kahala areas. Other areas that saw increased sales include Kaneohe and Makaha-Nanakuli.”

Statistics customized

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