honolulu board of Realtors

Sandee Oshiro/HPR

Demand for bigger homes, reduced inventory and near historic low interest rates have helped Oahu’s housing market set a price record for a second straight month.

noe tanigawa

  

  Currently, the average sales price of a home on O‘ahu is 974 thousand dollars, up 11% from a year ago--- for a condo, the average price is 398 thousand, up 8%.  Meanwhile, Hawai‘i’s population is increasing by about 29 new residents a day, and housing has not kept up.  HPR’s Noe Tanigawa offers this look at real estate on O‘ahu over the past year.

The Honolulu Board of Realtor’s website offers listings, market information, and consumer assistance.