Real estate statistics Oahu Hawaii - April 2015

Real estate statistics Hawaii for April 2015

Real estate statistics for Hawaii  (for the island of Oahu) for the month of April 2015. 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
April 2015301$674,900
April 2014247+21.9%$648,000+4.2%
Oahu Condominium Re-sales
Number of Oahu
condo Sales
This Month
Compared To
Median* 
Oahu Sales Price
This Month 
Compared To
April 2015
454$370,475
April 2014445+2%$355,000+4.4%

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

Oahu, Hawaii, real estate sales increased in April 2015

During April, the median price paid for single-family homes increased by 4.2 percent from the same month last year to $674,900. The median price for condominiums increased by 4.4 percent from last year to  $370,475. Sales of single-family homes increased by 21.9 percent, while condominium sales increased by 2 percent from April 2014. According to the Days on Market indicator, single-family homes were on the market for 22 days while condominiums were on the market for 19 days.

News Release/ April 2015 Honolulu, Hawaii, real estate Statistics May 7, 2015

“The Honolulu real estate market really heated up in April,” said Jack Legal, 2015 president of the Honolulu Board of REALTORS®. “Sales of both single-family homes and condos increased -- in the case of single-family homes by a significant margin over the previous year. Although the inventory of single- family homes and condos is slowly improving, demand continues to outpace supply. Generally this is the time of year that we begin to see an uptick in the market coming out of the winter doldrums, and it looks like this year is no exception.”

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