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Oahu Median Prices Up for Eighth-Straight Year in 2018

The Oahu real estate market closed out 2018 with its eighth-straight year of appreciation. Home sales peaked in June of last year, while condo sales hit a high mark in April. Days on Market began ticking up for both single-family homes and condos in July, and reached a high point in the year in the month of October. However, listings are still going into escrow in less than four weeks.

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Oahu Median Prices Continue to Tick Up

The number of home and condo sales—while below last year’s levels—is typical for this time of year, when sales activity tends to fall off. Median home and condo prices rose at a steady rate this period—a reflection of pent-up demand and continued competitive market conditions.

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