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The overall Oahu median single-family home price rose by two percent over the previous period, while the median condo price fell by one percent.
Single-family home median prices continue to rise, but not as sharply, climbing three percent over the past year to $789,000. Condominium median prices were flat at $418,000. Sales remain below last year’s levels, with nine percent fewer single-family home sales and eight percent fewer condo sales.
Locations’ analysis found that 36 percent of Oahu single-family neighborhoods had an increase in the number of sales, while nine percent had no change in sales. Single-family home neighborhoods that had at least double the number of sales last period compared to the previous year include: Koko Kai, Hoakalei-Kuapapa, Waipio Acres/Waikalani, Haleiwa and Keapuka.
Locations—Hawaii’s leading real estate firm—published its Oahu Residential Real Estate Report for the 12-month period of April 2018 to March 2019. This is a comparison to the previous 12-month period of April 2017 to March 2018. Single-family home median prices continue to rise, up four percent over the previous 12-month period to $792,000. Condominium median prices were flat at $418,000.
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