More homes, less competition
More than half of Oahu's single-family home neighborhoods and condominium buildings have more available inventory than last year and a decrease in bid-ups.
Lower interest rates good news for sellers, too
For home sellers, who may have faced a smaller buyer pool and longer days on market over the past several months, lower interest rates are welcome news, as more buyers may come back to the market. Median prices also rose in 66 percent of single-family neighborhoods and 60 percent of condo buildings, indicating demand is still strong.