Median sales price for Oahu homes continues to rise - Hawaii News Now - KGMB and KHNL

Median sales price for Oahu homes continues to rise

The median prices of homes on Oahu is on the upswing. (Image: Hawaii News Now) The median prices of homes on Oahu is on the upswing. (Image: Hawaii News Now)
HONOLULU (HawaiiNewsNow) -

The median sales price for a single-family home on Oahu grew to $789,500 in July, according to the Honolulu Board of Realtors.

That's up from $782,388 the month before and $750,000 in July 2017.

Darryl Macha, president of the Honolulu Board of Realtors, said the market is seeing a "leveling off" after record prices last year.

Still, homes continue to sell fast — and over asking price.

In July, the median number of days single-family homes were on the market was 13. That's down from 16 in June.

Meanwhile, the median sales price for condos on Oahu was $429,500. That's up from $425,000 in July 2017.

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