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The Locations Research Department today released its Oahu Residential Real Estate Report for April 2016 after tracking and analyzing sales activity for more than 350 Oahu neighborhoods. The report reveals continued strength of the market – increasing demand with lower days on market and lower months remaining inventory, as well as a high percentage of bid-ups, underscoring the reasons for rising median prices for both single-family homes and condominiums.
The Locations Research Department today released its Oahu Residential Real Estate Report for the first quarter of 2016. After analyzing sales activity for more than 350 Oahu neighborhoods the Locations Research Department concluded that key market indicators show continued strong demand with increased sales, rising prices, lower remaining inventory, and more properties being bid-up over asking price.
Locations, Hawaii’s largest real estate company, announced the launch of its updated mobile application. With the app update, Locations is simplifying the home search process, allowing smartphone and tablet users to instantly find information on property listings statewide anytime and anywhere.
Prices will continue to rise this year for homes and condos, due to the current competitive market environment.
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