Oahu house, condo sales, prices up in April - Hawaii News Now - KGMB and KHNL

Oahu house, condo sales, prices up in April

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HONOLULU (AP) - 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% increase from April 2012. The median price for a condo was $335,000, a 5% increase from last year.

The number of single-family homes sold during the month increased nearly 30% to 280. The number of condos sold surged 33% 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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