Below are sales activity for the month of July 2010 compared to the previous month and the same month last year. This covers resale home for Honolulu County (Oahu). The effects of the homebuyer tax credits have worn off. Single Family homes median prices and sales volume have shown a slight increase over last year, while condos and townhouses have shown a slight decline in both price and volume.
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Single-Family Home Resales |
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# of Sales |
This Month Compared to: |
Median Sales Price |
This Month Compared to: |
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July 2010 |
268 |
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$605,000 |
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June 2010 |
293 |
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$580,000 |
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July 2009 |
266 |
+0.8% |
$595,000 |
+1.7% |
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Condos/ Townhouse Resales |
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# of Sales |
This Month Compared to: |
Median Sales Price |
This Month Compared to: |
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July 2010 |
320 |
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$299,000 |
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June 2010 |
404 |
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$300,000 |
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July 2009 |
343 |
-6.7% |
$307,000 |
-2.7% |
*Median price means half the prices were above and half below the given price.
Data was taken from the Honolulu Board of REALTORS®. It is deemed to be accurate, but not guaranteed.
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Randy L. Prothero, REALTOR®, ABR, AHWD, CRS, e-PRO, GRI, SFR
Century 21 Liberty Homes
Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers. His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.
Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) and the Leeward Regional Chairman of the Honolulu Board of Realtors. To improve overall professionalism in his area Randy also offers classes for real estate agents.
www.HawaiiRandy.com * Oahu (Honolulu County) Property Search * Hawaii Military Relocations
Hi Randy, That was a very nice presentation and it would be just a guess but I would bet that most of the US would be very happy with the only moderate amount of change and greater consistency in volume and price in your market. I lked the simple and clean way you did this. It is easy to read and easy to understand.
This is so good to see compared to California. I have my Hawaii broker license. Looks like I need to start using it.
William - Our MLS system generates a lot of data each month, which makes it easy to put together reports for our clients.
Lori - We have an advantage here. Supply and demand help stabilize our values. We only have so much land to build on.
Randy - I love reading updates of how the market is in other areas and am certain your clients love it too!
Barbara - I also like ready reports for other areas. I helps us get a feel for trends in the market.