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Oahu Real Estate Market Ends 2022 with Falling Sales, Slower Price Growth

The Oahu single-family home median price dropped by one percent from December 2021 to $1,042,500 the first decline in 30 months. The condo median price increased by three percent from last year to $500,000. Single-family home sales fell by 42 percent from December 2021, while condo sales declined by 40 percent. Month-to-month, sales were up in December, following typical seasonal trends.