HONOLULU (KHON2) — Oahu’s housing market has kicked off the new year with strong sales and rising prices.
According to the Honolulu Board of Realtors, both single-family home and condo sales increased year-over-year.
Single-family home sales saw a 6% boost, while condo sales rose nearly 7%.
The price of homes also continued to climb.
The median price for a single-family home jumped 9% to $1.1 million, while the median price for a condo rose 7% to $539,000.