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Locations – Hawaii’s leading real estate firm – published its Oahu Residential Real Estate Report for July 2017. The report, which analyzes sales activity for more than 350 Oahu neighborhoods, concludes that the Oahu real estate market is continuing to show strong and steady growth, with increasing sales figures, rising prices and a competitive buyer’s market in July with Days on the Market remaining at near-record lows.
Long regarded as a bellwether for Oahu's luxury market, Locations predicts that 2017 will be a record year for Kahala, with more sales than any of the past 10 years. However, because of Kahala's many unique homes, sales can vary greatly in terms of price and time on market, even on the same street.
The Oahu real estate market continues to see moderate growth, but limited inventory and short Days on Market mean buyers must be ready to act quickly.
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