Thursday, March 7, 2013

Hot streak continues for Oahu condo market, single-family-home sales dip slightly

Oahu’s condominium market continued its hot streak in February, with sales increasing by 23 percent and prices rising 8 percent compared to the same month a year ago, according to the Honolulu Board of Realtors.The median price of an Oahu condo rose to $340,000 last month, from $315,000 in February 2012. That was based on sales of 279 condo units last month, compared to 227 units sold in February 2012.Single-family home sales, meanwhile, declined 7 percent to 201 sales, from 217 sales in February…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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