Oahu home sales dropped 3 percent in December

HONOLULU (AP) - Sales of single-family homes and condominiums on Oahu saw a nearly 3 percent drop in December.

That's according to monthly statistics released Tuesday by the Honolulu Board of Realtors. There were 283 single-family homes sold on the island last month, compared with 291 for the same month last year. There were 390 condos sold, down from 401 in December 2012.

Board President Julie Meier says the small dip in sales is typical for this time of year.

The median price for a single-family home last month was $685,000, about 14 percent higher than in December 2012. The board says the price matches the market's all-time high.

The median price paid for a condo decreased 1.5 percent from Dec. 2012 to $330,000.

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Oahu home sales dropped 3 percent in December - Hawaii News Now - KGMB and KHNL

Oahu home sales dropped 3 percent in December

Hawaii News Now headlinesNewsMore>>

Hawaii Volcanoes National Park to host free events amid eruptions, ash falls

Hawaii Volcanoes National Park to host free events amid eruptions, ash falls

In reversal, Trump orders halt to his family separation rule

In reversal, Trump orders halt to his family separation rule

Airlines ask US not to put migrant children on flights

Airlines ask US not to put migrant children on flights

Big Island church breaks ground on village of micro-homes for lava evacuees

Big Island church breaks ground on village of micro-homes for lava evacuees

Drivers beware: New law sets wide buffer zone for cars passing bikes

Drivers beware: New law sets wide buffer zone for cars passing bikes

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