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
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,
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
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
Home sales typically ebb in December, with buyers and sellers traditionally opting to take a holiday break, but as we all know, 2020 has been everything but typical. Oahu housing
The number of single-family homes and condos sold on Oahu above the original asking price in November was up 210.2% and 79.2%, respectively, compared to this time last year. Single-family
“The Oahu real estate market has remained competitive even amid the pandemic, as the lack of inventory paired with low interest rates continue to drive demand,” according to Tricia Nekota,
As Oahu’s housing market shifts into the fourth quarter of 2020, sales activity and prices continue to reflect unforeseen and surprising influences brought about by COVID-19. Single-family home sales and
As segments of Oahu’s housing market struggle to regain footing after being rattled by the pandemic, others are surprisingly resilient — including a median-sales-price record high. For example, while new