04/30/2023
✨Crazy for coconuts ✨
April showers brings new buyers. March has been busy with fluctuating interest rates and decrease in median sales prices for single family homes, meanwhile the condo median sales price has increased.
“O‘ahu’s real estate market is rapidly changing, and it’s been an active first quarter despite year-over-year declines in some statistics. While we see advantageous conditions for buyers, including fewer bid-ups and longer days on market, prices are still high, which incentivizes sellers to list their property,” said Fran Villarmia-Kahawai, president of the Honolulu Board of REALTORS®.
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