Thursday, May 03, 2007

It hasn't popped yet - Oahu prices rise

The Star-Bulletin reports that prices on Oahu are still on the rise.

Home sales were still brisk:

The median single-family home price on Oahu climbed to $665,000 in April, beating out the median last month by 3.3 percent and last year by 8 percent, according to the latest data from the Honolulu Board of Realtors.

Home sales were strong, with 342 existing homes changing hands, compared to 332 a year ago.

While condo sales slowed:

The condominium market on Oahu reached a median price of $325,000 in April, 9.6 percent higher than a year ago. Condo sales fell, however, by 9.8 percent to 527.
I know I've been away for awhile, but it's still a jungle out there, folks!


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