Oahu Sep 2019 Market Update

Oahu Sep 2019 Market Update

Oahu single-family home median price saw a slight dip compared to this time last year, mainly due to an increase in sales below the median. In September, there was a 49% increase in sales of single-family homes in the $500,000 to $699,999 price range.

 

Sales and prices appear to be stable compared to 2018. Days on market increased to 29. For Condos, the median price increased compared to last year, due to a 14.5 percent decrease in sales for condominiums in the $300,000 to $599,999 price range. Days on market increased to 27.

 

Overall this shows a shift towards a more balanced market. These general stats do not tell the whole story, as each neighborhood and price range can vary widely.

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