Honolulu Market Snapshot: April 2017

 In Member Blogs

Honolulu Board of Realtors’ stats for April, 2017…

Jenny Pham is a Realtor serving Honolulu and surrounding areas

Oahu Condominium Sales Exceed Single-Family Houses in April

“Potential homebuyers should not be discouraged with the median prices, as about 39 percent of single family houses sold in April were in the $500,000 to $ 699,999 range and 44 percent of condominiums were between the $300,000-$499,999 range,” said Sue Ann Lee, president of the Honolulu Board of REALTORS®. “While we’re encouraged by the new listings coming onto the market, it is still not enough to keep up with the demand for housing at all price points.”