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
December sales crescendo to a photo finish for 2020
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
Home prices continue rising on Oahu, amid an ongoing pandemic
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
Inventory down, price up, as market deals with COVID
“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,
Single-family home prices nearing $900,000 mark
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
Single-family homes set record prices in August Forty-three percent sales at full-asking or higher
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
With fewer homes for sale, Oahu home prices remain stable
COVID-19 has had a significant effect on the number of new listings on Oahu — with double-digit drops from July 2019. The overall number of active listings has also dropped.