Hawaii Randy's Real Estate Opinions: Honolulu County (Oahu) Residential Real Estate Sales Activity - August 2010

Honolulu County (Oahu) Residential Real Estate Sales Activity - August 2010

Below are sales activity for the month of August 2010 compared to the previous month and the same month last year. This covers resale home for Honolulu County (Oahu).   Single Family home median prices are up while sales volume is slightly down from the same time last year.  Condos and townhouses are seeing a similar pattern, with a smaller median price increase.

Single-Family Home Resales

  

  

# of Sales

This Month Compared to:

Median Sales Price

This Month Compared to:

August  2010

224

 

$645,239

 

July 2010

269

 

$604,500

 

August  2009

239

-6.3%

$560,000

+15.2%

  

 

 

 

 

Condos/ Townhouse Resales

 

  

# of Sales

This Month Compared to:

Median Sales Price

This Month Compared to:

August  2010

289

 

$307,500

 

July 2010

327

 

$300,000

 

August  2009

348

-17.0%

$290,000

+6.0%

*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®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

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.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 6 commentsRandy Prothero • September 08 2010 02:04AM

Comments

Hi Randy, just noticed you have been teaching too. You are amazing! If I was living in Hawaii nei again, I'd love to take your class(es)!

Posted by Susie Blackmon, Ocala, Horses, Western Wear, Horse Farms, Marketing about 8 years ago

We also post sales activities for our Long Island NY Communities and find that they give buyers a really good grounding in what's going on in the market!

 

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo & Home Sale Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) about 8 years ago

Good information for buyers and sellers, Randy. A similar trend has been reported by others, with sales % down but prices up. Hope your classes as going well.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) about 8 years ago

Yup.....it's a good thing

Posted by Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE (Liberty Homes) about 8 years ago

So what do you attribute the price jump to, particularly with SFRs? Are foreclsoures clearing through?

Posted by Jeff R. Geoghan, REALTOR, Marketing Manager (Coldwell Banker Residential Brokerage) about 8 years ago

Susie - I just started teaching CE classes this year.  I really enjoy it.

Larry & Sheila - It is very helpful for buyers and sellers to see what the market is doing.

Jeff D. - I hope that market continues to show stable prices.

Sally - Hopefully it stays that way.

Jeff G. - The inventory dropped considerably during the tax credit period.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 8 years ago

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