Saturday, November 21, 2009
 

honoluluadvertiser.com

Sponsored By:
The Honolulu Advertiser

Oahu home, condo sales rise in October, but prices fall

Sales of both single-family homes and condominiums on Oahu rose in October from the same month a year ago, although prices softened, according to a report released today by the Honolulu Board of Realtors.

Advertisement

There were 281 single-family homes that sold at a median price of $605,000 in October, according to the report. That compared with 243 homes sold at a median price of $625,000 a year earlier.

Condo sales totaled 381 with a median sales price of $295,000. That compared with 316 sales at a median price of $325,000 in October 2008.

The single-family median sales price for the first 10 months of 2009 was $575,000, down 8 percent from the same period in 2008. For condos, the median sales price was $300,000 for the first 10 months of the year, down 7.7 percent from a year earlier.

HonoluluAdvertiser.com welcomes comments from readers. Please be advised that comments deemed to be vulgar, racist, spam or personal attacks will be deleted. Users are blocked after repeated violations of our posting guidelines.

In your voice|

Read reactions to this story


characters left