Oahu home, condo prices up in April

Published On: May 08 2013 11:30:00 AM HST
For Sale Home Sign


Oahu home real estate sales and median prices saw increases last month compared to the same time last year.
Monthly figures released by the Honolulu Board of Realtors show the median price of a single-family home in April was $625,000, a 4 percent increase from April 2012. The median price for a condo was $335,000, a 5 percent increase from last year.
The number of single-family homes sold during the month increased nearly 30 percent to 280.  The number of condos sold surged 33 percent to 457.
The board also says properties sold faster last month compared to a year ago. Single-family homes were on the market for 23 days and condos were on the market for 19 days.


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