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Oahu Single-Family Home Median Price Nears $1M in May 2021

The Oahu real estate market continues to set new records in 2021, as historically low inventory and strong demand fueled by low interest rates pushed the single-family home median price closer to $1M in May. With one in two single-family homes bid up over the asking price, more prospective homebuyers are shifting their attention to the condo and townhome market, which has also seen demand surge this year.