08/30/2019
“During July 2019, single-family home sales increased by 12.7 percent and condominium sales ticked up by 2.2 percent from the same month last year. Median prices also increased moderately, setting new records. The median price for single-family homes increased by 5.8 percent to $835,000, passing the previous record set in September 2018 at $812,500. The condominium median price also set a new record at $461,500, an increase of 7.5 percent from July 2018 and topping the $435,000 high of March 2018. While new listings in July 2019 were up modestly for both single-family homes and condominiums by 0.2 percent and 4.9 percent, respectively, overall active listings showed gains of 17.3 percent for single- family homes and 16.9 percent for condominiums. According to the Days on Market indicator, the median days for single-family homes was 17 and 26 for condominiums.”
Infographic and caption via HBR website. @ Oahu, Hawaii
