Hawaii Randy's Real Estate Opinions: Oahu (Honolulu County) - Residential Real Estate Sales for June 2008

Oahu (Honolulu County) - Residential Real Estate Sales for June 2008

The June 2008 resales numbers are in.

Single Family Home Sales volume is down from the period last year, although median prices made a rebound in May they saw a dip in June.

Condominium Sales had a similar drop in volume while the median price which showed a modest increase in May saw a small dip in June.

With interest rates still holding, buyers should see it a good time to take advantage of the market conditions in most areas.

 

For the Month of June 2008

 

OAHU SINGLE FAMILY HOME RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

June 2008

232

 

$625,000

 

May 2008

252

 

$649,500

-3.8%

June 2007

338

-31.4%

$685,000

-8.8%

 

OAHU CONDOMINUM RESALES

 

Number of Sales

This Month Compared to

Median Sales Price

This Month Compared to

June 2008

355

 

$327,500

 

May 2008

382

 

$337,500

-2.9%

June 2007

547

-35.1%

$334,000

-1.9%

*These numbers were taken from the Honolulu Board of Realtors MLS system and Old Republic Title.  They are deemed to be accurate, but not guaranteed.

You can find out more about real estate in Hawaii at: www.HawaiiRandy.com

 

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Randy L. Prothero, REALTOR®

Principal Broker, ABR, AHWD, CRS, e-PRO, GRI, MRP, SFR

Island Style Realty Inc.

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.

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 0 commentsRandy Prothero • July 26 2008 03:16PM

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