Buyers may soon see an opportunity as competition eases
Statistics show that roughly two out of every three single-family home sales closed for more than the original asking price in September. Bids above the asking price were most prevalent
Single-family home MSP tops $1 million mark for the first time
For the fourth consecutive month, single-family homes set a record median reaching $1,050,000 in August — exceeding the million-dollar mark for the first time. Except for April, each month in
Oahu median sales prices score record high in July
A perfect storm of dwindling inventory, economic rebound, and bottom-dollar mortgage rates have pushed Oahu’s median prices to new record highs — $992,500 for single-family homes and $475,000 for condos.
Condo market surges as the Oahu housing boom continues
Low mortgage interest rates and chronic low inventory of listings drove prices to record highs again in June. Single-family median prices peaked for the fifth time in six months, to
Median sales price breaks $1 million in 10 Oahu neighborhoods
As prices and sales volume continue to surge, the number of active listings on Oahu was down last month by 39.6% for single-family homes and down 23.3% for condos, as
Market shifts as April condo sales out-pace single-family
A year after Oahu’s real estate market grappled with the uncertainty about the pandemic’s impact, sales volume and prices are booming. “Sustained demand and low inventory levels remain constants in
Single-family homes mark another Oahu record as bidding wars escalate
Demand for housing in a market drained of supply remains the driving force for home sales. In March, homes sold for record prices, in record time, and in record numbers,
Oahu single-family homes hit record median sales price of $917,500
Even as we mark one year since the island’s first coronavirus cases, the residential housing market continues its unabated rally. Spurred by the island’s sparse inventory and historic low mortgage
Sales momentum builds as inventory struggles to keep up
Despite the historic market ebbs (pre-COVID) during the winter months, home sales in January 2021 kicked off at a feverish pitch — outperforming sales from January 2020 — and pushing