December 2, 2005
Oahu: Housing Market continues to set records
The median prices for single-family homes and condominiums set new records in November,
according to resale figures released today by the Honolulu Board of REALTORS®. According to the analysis
conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the
statistics are:
|
Single Family Home Resales |
|||||||
|
Number of Sales |
This Month Compared To |
Median * Sales Price |
This Month Compared To |
||||
| November, 2005 |
366 |
$ 640,500 |
|||||
| October, 2005 |
|
|
|
$ 620,000 |
up 3.3% |
||
| November, 2004 |
375 |
dn 2.4% |
$ 490,000 |
up 30.7% |
|||
|
Condominium Resales |
|||||||
|
Number of Sales |
This Month Compared To |
Median * Sales Price |
This Month Compared To |
||||
| November, 2005 |
614 |
$305,000 |
|||||
| October, 2005 |
|
|
|
$ 290,000 |
up 5.2% |
||
| November, 2004 |
628 |
dn 2.2% |
$ 229,300 |
up 33.0% |
|||
|
*Median price means half the prices were above and half below the given price. |
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