Oahu single-family sales, prices up; Condos down - Hawaii News Now - KGMB and KHNL

Oahu single-family sales, prices up; Condos down

HONOLULU (AP) - The median price for a single-family home on Oahu increased 10.2 percent last month from the same period last year.

The Honolulu Board of Realtors said Monday the median price for single family homes in June was $620,000, compared with $562,500 in June 20011. There was also a 12.5 percent increase in sales, with 279 homes sold last month, compared with 248 a year ago.

However, the median price for condominiums and the number of sales went down last month. The median price was $297,000, a 1.3 percent decrease from $301,000. There were 342 condos sold, a 3.4 percent decrease from 354.

Copyright 2012 The Associated Press. All rights reserved.

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