During February, sales of 181 single-family homes and 295 condominiums were reported through the Board’s MLS, increases of 2.3 percent and 20.9 percent, respectively, for single-family homes and condominiums from February 2010. The median price paid for island properties in February was $570,000 for single-family homes and $320,000 for condominiums, a decrease of 1.0 percent for singlefamily homes and a 7.0 percent increase for condominiums, compared to the same month last year.
According to the Days on Market indicator, sales closed at a slower pace last month compared to a year ago with single-family homes listing for 58 days up from 38 and condominiums listing for 58 days up from 51.
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Hawaiian Americana Realty, Inc | Mark Howard – Owner/ Broker/Founder – RB 20384
1888 Kalakaua Ave., C312
Honolulu, HI 96815
HONOLULU BOARD OF REALTORS® RELEASES
FEBRUARY 2011 RESIDENTIAL RESALES STATISTICS
HONOLULU — The Honolulu Board of REALTORS® released resale figures today for the month of February. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics as above: