Oahu Real Estate Update

“Real Estate News for Oahu” with December 2005 Statistics

Reporting January 2006

Hawaii – Oahu – Real Estate Update
Well, it’s been a great ride… what a wave we’ve surfed the last few years!  Oahu Median sales price for a single family home FELL to $610,000.  That’s a change from November’s $640,500 and the low since July this year… It is up from the December 2004 median of $495,000.
The # of sales of homes fell dramatically to only 315 homes sold in December compared to 366 in November & 412 the month before. That is officially a trend now. Same month last year sold 417, or about 100 more than this year. December is usually a good month, with February being the low… If you want to know what YOUR house is worth in today’s market, please e-mail us at: HomeValue@stott.com

"Real Estate News for Oahu: November 2005"

Reporting December 2005

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Hawaii – Oahu – Real Estate Update
Oahu Median sales price for a single family home is $640,500. That’s a change from October’s $620,000 and up from the November 2004 median of $490,000. The # of sales of homes was 366 compared to 412 last month. Same month last year sold 375. If you want to know what YOUR house is worth in today’s market, please e-mail us at: Team@stott.com

Oahu Condos went to $305,000 median price. This compares to October’s $290,000 and up from the November 2004 figure of $229,300. 614 condos closed in November compared to 628 in November 2004. If you want to know what YOUR condo is worth, e-mail: Team@stott.com

"Real Estate News for Oahu" October 2005

Reporting November 2005

Hawaii - Oahu - Real Estate Update
Oahu Median sales price for a single family home for October $620,000. Up from September 2005's $615,000 and up from the October 2004 median of $485,000.

The # of sales of homes was 412 down from 448 last month. Same month last year sold 441. If you want to know what YOUR house is worth in today's market, please email us at: HomeValue@stott.com

Condos went to $290,000 median price. This compares to September's $287,000 and up from the October 2004's $218,000.

There were 624 condos closed in October which is a dramatic drop from last month's 764 & October 04's 665. (Told you that August's 831 would be tough to beat!) If you want to know what YOUR condo is worth, email: CondoValue@stott.com

In the right panel of my Blog at www.oahurealestateupdate.com you will see a link under "Real Estate Resources" for a full statistical report of all Oahu areas broken down individually, as well as graphs and charts galore!

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