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Going into the holidays, record prices, demand, still high Aloha, As 2014 winds down, the median price for a single-family home shows no sign of dropping off as Oahu sales reached another record high. The Honolulu Board of REALTORS® notes that sales volume in November was down, meaning a fewer number of homes closed, as […]

Low Inventory Continues to Drive Prices Up Aloha, The median price of a single-family home rose again in September to $678,500. And, if you look closely at recent Honolulu Board of REALTORS® statistics, low inventory again continues to be a factor driving prices upward. Each month the Honolulu Board of REALTORS® (HBR) combines two stats […]

Aloha, After 13 consecutive months of price gains on Oahu, the median price of a single-family home fell in August, breaking the streak, but not the enthusiasm, in the market. According to a press release from the Honolulu Board of Realtors, “The truth is that August 2013 was a banner month — the high point […]

Aloha, Demand continues to outpace Oahu’s housing supply. Buyers will pay more for a median priced home or condo on Oahu, compared to July 2013. According to the Honolulu Board of Realtors, demand continues to outpace supply — indicative of a very healthy housing market. Indeed, while construction on the island — especially of condos […]