Hawaii Randy's Real Estate Opinions: November 2012 - Oahu (Honolulu County) Residential Real Estate Sales Activity

November 2012 - Oahu (Honolulu County) Residential Real Estate Sales Activity

November 2012 - Oahu (Honolulu County) Residential Real Estate Sales Activity
Below is the sales activity for the month of Noember 2012 compared to the previous month and the same month last year. This covers resale homes for Honolulu County (Oahu). 
Single Family Homes median sales price and sales volume are up considerably from last year, while slowing slightly from October.  Condos and townhouses are now also showing increases in prices and volume from the same month last year.  Extremely low interest rates and reducing inventory levels are pressuring prices to continue to climb.  Things may slow a little during the holidays, but expect a fast start again in January.
 Single-Family Home Resales
                 # Sales                              Median Price
Nov  2012                290                                  $640,000
Oct   2012                282                                  $625,000
Nov   2012               251                                  $580,000
 
Condos/ Townhouse Resales
                            # Sales                              Median Price
Nov  2012                 363                                  $325,000
Oct  2012                  425                                  $325,000
Nov  2011                  333                                  $295,000
 
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*Median price means half the prices were above and half below the given price.  For additional stats, please contact me.
Data was taken from the Honolulu Board of REALTORS® MLS system.  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 2 commentsRandy Prothero • December 09 2012 08:34PM

Comments

Looks like an active real estate market in Oahu, Randy.  This is prime real estate.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 5 years ago

Gabe - Low inventory, lots of buyers.  Things are moving here.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) about 5 years ago

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