Oahu median housing price reach record high - Hawaii News Now - KGMB and KHNL

Oahu median housing price reach record high

HONOLULU (AP) - The price of housing has increased again on Oahu.

The Honolulu Star-Advertiser reports the median sale price of a single-family house increased in June to $700,000.

The Honolulu Board of Realtors says the previous record of $685,000 for the median sale price of single-family houses was set in June 2007.

Condominium prices also reached a new high.

Condominiums in June had a median sale price of $360,000. The previous high set in February was $359,450.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

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