Oahu home, condo sales still down
September 20th, 2008
Sales of Oahu’s single-family homes and condominiums continued to decrease, as did prices, in the three-month period ending in August.
The number of single-family homes sold in the period dropped 29.8 percent compared to the same period last year, 736 sold this year compared with 1,048 in 2007, according to the latest report from Prudential Locations free credit report .com. Condominium sales slipped 30 percent from 1,109 the previous year to 1,058 this year.
The median price for single-family homes was down 5.2 percent to $626,000. Condo prices were down slightly to $332,500.
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