Oahu Real Estate Statistics - February 2016

Posted by Kinga Mills on Thursday, March 10th, 2016 at 3:20pm.

The February Hawaii real estate market statistics are out for Oahu and the market is strong!!!

  • The Honolulu Board of Realtors reports a 19.4% increase in the sales of homes over Feb 2015, and 11.7% increase in the sales of condominiums over Feb 2015.
  • Prices for Feb 2016 as compared to February a year ago increased 8% for homes to $700,000, and 16.1% on condos to $378,444.

The condo sales statistics don't include the new Honolulu condo sales. These numbers, only represent the resale listings.  Once many of the new condo building are completed and resales begin, then these numbers will be included in the sales volume and prices above.  

 

Whether you are in the market to buy or to sell a Honolulu property, the time is great to make your decision. For assistance with your real estate needs, contact Kinga Mills, RA, RS75728, Coldwell Banker Pacific Properties 808-722-3985 kinga@cbpacific.com