Supply and Demand Continue to Drive Oahu Housing Market
High levels of demand and a shortage of supply continue to fuel the rise in Oahu housing prices. Even with booming construction, developers have not built enough housing units to
High levels of demand and a shortage of supply continue to fuel the rise in Oahu housing prices. Even with booming construction, developers have not built enough housing units to
July housing statistics from the Honolulu Board of Realtors show a summer-long rise in the median price paid for single-family homes and condominiums on Oahu. Although sales volume dipped slightly
The median sales price for both single-family homes and condominiums set all-time highs for June, as reported by The Honolulu Board of REALTORS®. Year-over-year, single-family homes increased by 8.6% to
The median price of a single-family home on Oahu was up in May — up 3.0% from the same time last year — to $719,000. And while island living and
Sales volume and sales prices continue to escalate even before the start of the summer selling season. Statistics released by the Honolulu Board of REALTORS® report homes are selling at
With the additional inventory, sales activity is already heating up before the summer months. Kalama Kim, Principal Broker of Coldwell Banker Pacific Properties says, “Demand for homes continues to escalate
If you bought real estate on Oahu in 2015, you might be surprised to hear your property has likely appreciated already — significantly in some cases. Indeed, in February, the
While January is typically a month when activity slows, the Oahu housing market burst out of 2015 full steam ahead with prices and sales volume unseasonably high. And while the
Coldwell Banker Pacific Properties ranked as the number-one real estate brand on Oahu’s housing market for total sales volumes in 2015, according to Multiple Listing Service (MLS) data. With sales