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Oahu (Honolulu County) - Sales of Existing Homes & Condominiums for December 2007

Single Family Home Sales began to slow the end of the year.  Sales volume is down from the same period last year, while the median prices have stabilized.

Condominium Sales had a drop in volume while the median price saw a small increase from the previous month. 

With interest rates lowering, both buyers and sellers should see it a good time to take advantage of the market conditions in most areas.

For the Month of December 2007

 

OAHU SINGLE FAMILY HOME RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

December 2007

240

 

$610,000

 

November 2007

245

 

$610,000

---

December 2006

346

-30.6%

$613,500

-0.6%

 

OAHU CONDOMINUM RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

December 2007

353

 

$320,000

 

November 2007

379

 

$315,000

+1.6%

December 2006

458

-22.9%

$315,500

+1.4%

*These numbers were taken from the Honolulu Board of Realtors MLS system and Old Republic Title they are deemed to be accurate, but not guaranteed.

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/

 
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Author

Randy L. Prothero - Hawaii REALTORĀ®
Century 21 Liberty Homes
Mililani, HI

Cell Phone: (808) 384-5645

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Contact Randy L. Prothero - Hawaii REALTORĀ®

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