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

HONOLULU CONDOS HIT RECORD MEDIAN PRICE IN JANUARY, ACCORDING TO HONOLULU BOARD OF REALTORS®

February 10, 2015 By Mark G. Howard Leave a Comment

HONOLULU — The Honolulu Board of REALTORS® released resale figures today for the month of January 2015. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:

Jan2015

During January 2015, sales of single-family homes decreased by 14.6 percent from January 2014, while condominium sales decreased by 7.7 percent compared to January 2014. The median price paid for single-family homes in January 2015 increased by 7.2 percent from the same month last year to $675,000

The median price for condominiums increased by 19.2 percent from January 2014 to $381,500, which marks an all-time high for that figure. The previous record for condominium median price was $361,250, set in December 2014. According to the Days on Market indicator, single-family homes were on the market for an average of 26 days, while condominiums were on the market for an average of 27 days.

“This is traditionally one of the slowest months of the year, so the sluggish sales of single family homes and, to a lesser extent, condos, is not too surprising,” said Jack Legal, president of the Honolulu Board of REALTORS®. “However, what’s notable is the jump in median sales price, including a new record set for condominiums. This indicates demand for housing is still very high, and the one factor that is putting a damper on the market is, as usual, the lack of inventory, especially for single family homes.” The public is encouraged to visit www.hicentral.com to see what’s happening in the housing market.

Established in 1922, the Honolulu Board of REALTORS® is one of the largest of 1,500 boards of REALTORS® in the nation, and, with more than 5,500 members, it is one of the largest trade organizations on Oahu. Membership is available to licensed real estate brokers, agents, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry who pledge to adhere to a strict Code of Ethics and Standards of Practice. For more information, call (808) 732-3000 or visit www.hicentral.com.
(This report reflects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow. The time delay between the signing of a sales contract and the closing of escrow is usually between one and three months.)

Filed Under: Blog, Featured Blog, Honolulu Board of Realtors Market Reports Tagged With: Honolulu Board of Realtors press release, Oahu market update

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