Advertisement

Oahu home sales traditionally slow down in the fall. Not this year

(Image: Hawaii News Now/File)
(Image: Hawaii News Now/File)
Updated: Nov. 6, 2017 at 12:29 PM HST
Email This Link
Share on Pinterest
Share on LinkedIn

HONOLULU (HawaiiNewsNow) - Fifteen days.

That's the median number of days in October an Oahu single-family home was on the market before being snapped up.

The Honolulu Board of Realtors said the median number of days on market for October was down from 19 days a year ago.

Meanwhile, the median price for a single-family home last month was $752,000.

That's up from $742,000 a year ago.

The median price for a condo last month was $397,500, slightly higher than a year ago.

"Oahu's housing market continues to be strong with consistent sales and steady median prices," said Sue Ann Lee, president of the Honolulu Board of Realtors. "The fall is traditionally a slower time for home sales, but demand is still robust."

Copyright 2017 Hawaii News Now. All rights reserved.