Oahu condos reach record median sales price - Hawaii News Now - KGMB and KHNL

Oahu condos reach record median sales price

Photo Courtesy: MGN Online Photo Courtesy: MGN Online

HONOLULU (AP) - The Honolulu Board of Realtors says condominiums on Oahu sold at record prices in July.

The board reports the median price for condominiums reached $345,000.

The high annual median price was set in 2007 at $325,000 and the board says that could be exceeded in 2013.

The Honolulu Star-Advertiser reports the annual median price fell to $300,000 two years ago but rose to $317,500 last year.

The board says sales volume and median prices for single-family homes also increased in July.

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