Call : 808-791-2923
Hawaii Americana Realty Serving Hawaii's Most Beautiful Beaches and Homes, and Serving Them To You!
  • Home
  • Metro
    • Alewa Heights
    • Aliamanu
    • Dowsett
    • Kakaako
    • Kalihi Area
      • Kalihi Lower
      • Kalihi Uka
      • Kalihi Upper
      • Kalihi Valley
    • Kalama Valley
    • Kam Heights
    • Kapahulu
    • Kapalama
    • Kapiolani Area
    • Liliha
    • Makiki Heights
    • Manoa Area
      • Manoa Lower
      • Manoa Upper
      • Manoa Woodlawn
    • Moanalua Gardens
    • Maoanlua Valley
    • Moiliili
    • Nuuanu Area
    • Pacific Heights
    • Palolo Valley
    • Pauoa Valley
    • Punahou
    • Punchbowl
    • Salt Lake
  • Diamond Head
    • Aina Haina
    • Diamond Head
    • Hawaii Loa Ridge
    • Kahala / Black Point
    • Kai Nani
    • Kaimuki
    • Kalani Iki
    • Kuliouou
    • Niu Beach and Valley
    • Paiko Lagoon
    • Palolo
    • St. Louis Heights
    • Waialae Areas
    • Wilhelmina
  • Hawaii Kai
    • Hahaione Upper & Lower
    • Kalama Valley
    • Koko Head Terrace
    • Koko Kai
    • Koko Villas
    • Mariners Cove
    • Mariners Ridge
    • Mariners Valley
    • Napali Haweo
    • Portlock
    • Queens Gate
    • Triangle
    • West Marina
  • Kailua
    • Coconut Grove
    • Enchanted Lake
    • Hillcrest
    • Kailua Town Condos
    • Kawailoa
    • Keolu Hills
    • Waimanalo
  • Kaneohe
    • Hauula
    • Kaaawa
    • Kaalaea
    • Mahinui
    • Punaluu
    • Temple Valley
    • Windward Estates
  • Northshore
    • Haleiwa
    • Kahuku Malaekahan
    • Laie
    • Mokuleia
    • Paalaakai
    • Sunset Area
    • Sunset Velzy
    • Waialua
  • Leeward
    • Lualulalei
    • Maili
    • Makaha
    • Nanakuli
    • Sea Country
    • Waianae
  • Ewa Plain
    • Ag / Indl / Navy
    • Ewa
    • Ewa Beach
    • Gentry Subdivisions
    • Hawaiian Homes Land
    • Hoakalei – Ka Makana
    • Huelani
    • Kapolei Condos
    • Kapolei Homes
    • Ko Olina
    • Leeward Estates
    • Nanakai Gardens
    • Ocean Point
    • Westloch Estates
    • Westloch Fairway
  • Makakilo
    • Highpointe
    • Kahiwelo
    • Kumulani
    • Makakilo
    • Makakilo – Lower
    • Makakilo – Upper
    • Palehua Heights
    • Royal Ridge
    • Starsedge
    • Wai Kaloi
    • West Hills
  • Waipahu
    • Crestview
    • Harbor View
    • Renaissance
    • Robinson Heights
    • Royal Kunia
    • Seaview
    • Village Park
    • Waikele
    • Waipahu
    • Waipahu – Lower
    • Waipahu Estates
    • Waipahu Gardens
    • Waipahu Triangle
    • Waipio Gentry
  • Central
    • Launani Valley
    • Mililani Condo $100k – $250k
    • Mililani Condo $251k – $500k
    • Mililani SFR $400k – $600k
    • Mililani SFR $600k – $800k
    • Mililani SFR Over $800k
    • Wahiawa Area
    • Wahiawa Heights
    • Waipio Acres
    • Whitmore Village
    • Wilikina
  • Pearl City
    • Aiea Area
    • Aiea Heights
    • Foster Village
    • Halawa
    • Halawa Heights
    • Manana
    • Navy / Federal
    • Newtown
    • Pacific Palisades
    • Pearl City
    • Pearl City – Lower
    • Pearlridge
    • Royal Summit
    • Waiau
    • Wailuna
    • Waimalu
  • Contact Us

Oahu Real Estate Market Update

September 10, 2014 By idx guys Leave a Comment

August_2014The median price of a single-family home on Oahu fell last month, two months after hitting a new record price, as sales in August dropped by 12 percent when compared to last year, according to statistics released Sunday by the Honolulu Board of Realtors.

The median price of a single-family home in August was $650,000, which was 2.3 percent below the median price of $665,000 in August 2013. The median price in June set at record at $700,000.

Sales of single-family homes on Oahu fell 11.7 percent to 323 homes sold, from 366 homes sold in August 2013.

Condominium sales in August declined by 3.5 percent to 444 units sold, from 460 units sold during the same month last year. The median price of a condo on Oahu was unchanged at $350,000.

“August was an interesting month for the Oahu housing market, Julie Meier, president of the Honolulu Board of Realtors, said in a statement. “While on the surface it may look like this past August was not on par with last August for sales of single-family homes, the truth is that August 2013 was a banner month – the high point of sales for the year. It would have been very difficult to duplicate that this year.”

The number of sales in August 2013 was 25 percent higher than August 2012, when 293 homes sold. Last month’s sales were 10 percent higher than the 2012 level. The median price a year ago was 9 percent higher than the median price set in August 2012, which was $609,000. Last month’s median price of $650,000 was nearly 7 percent higher than the price from two years ago.

“Still, this remains a very healthy market, as evidenced by the fact that the average single-family home was on the block for only 15 days before being sold,” Meier noted. “Also noteworthy is the fact that inventory of both single-family homes and condos is climbing, which will help the market meet demand.”

Staff Pacific Business News

Filed Under: Featured Blog, Honolulu Board of Realtors Market Reports, Oahu home sales, Oahu real estate, Oahu real estate sales Tagged With: Honolulu market, market statistics

Leave a Reply Cancel reply

You must be logged in to post a comment.

Existing Users

Quick Search

Search Honolulu County Cities

  • Browse by City in Hawaii Central MLS
  • Browse by City in Hawaii Central MLS

Browse Oahu Real Estate by Price

  • Browse Real Estate For Sale by Price
  • Browse Real Estate For Sale by Price

Oahu Luxury Estates

  • Luxury Estates $10M plus
  • Luxury Estates $2M – $3M
  • Luxury Estates $3M – $4M
  • Luxury Estates $4M – $5M
  • Luxury Estates $5M - $6M
  • Luxury Estates $6M – $8M
  • Luxury Estates $8M – $10M

Kaka’ako High-Rise

  • 909 Kapiolani
  • 1350 Ala Moana
  • Hawaiki Tower
  • Hokua
  • Imperial Plaza
  • Keola Lai
  • Koolani
  • Moana Pacific
  • Nauru Tower
  • One Waterfront Towers
  • Pacifica Honolulu
  • Royal Capitol Plaza

Info

  • Client Login
  • Contact Us
  • About Us
  • Privacy Policy
  • Fair Housing
  • US Residential Property Buying Guide
  • General Real Estate
  • Directory of Vendors
  • FOR SELLERS
  • Reviews

Ko Olina Beach Resort

  • Ko Olina Beachvillas
  • Ko Olina Coconut Plantation
  • Ko Olina Fairways
  • Ko Olina Hillside Villas
  • Ko Olina Kai Golf Estates
  • Ko Olina Kai Lani
  • Ko Olina Olani

Oahu Real Estate Listings

  • Waikiki Vacation Rental Properties
  • Oahu New Construction
  • Oahu Commercial Property

Oahu Luxury Condos

  • Luxury Condos $1M – $2M
  • Luxury Condos $2M – $3M
  • Luxury Condos $3M – $4M
  • Luxury Condos $4M +

Waikiki By Price

  • Waikiki $150,000 – $200,000
  • Waikiki $200,000 – $250,000
  • Waikiki $250,000 – $300,000
  • Waikiki $300,000 – $350,000
  • Waikiki $350,000 – $450,000
  • Waikiki $450,000 – $600,000
  • Waikiki $600,000 – $1M
  • Waikiki $1,000,000 plus
© 2014 - Hawaii Americana Realty. All Rights Reserved. Hawaii Americana Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Subject to change without notice. While the information on this site is deemed to be accurate, Hawaii Americana Realty. does not guarantee its accuracy, and provides this information without warranties of any kind, either expressed or implied. Hawaiian Americana Realty, Inc. 134 Kapahulu Ave., CUB, Honolulu, HI 96815 * by appointment only * RB20383 / RB20384