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Oahu single-family home sales, condo prices rise by double digits in October

Oahu single-family home sales, condo prices rise by double digits in October

The median price of a single-family home on Oahu declined by 1% last month even as sales jumped by 11%, compared to October 2018, while the median price of a condominium rose 13% and sales increased by 5%, according to a report by the Honolulu real estate firm Locations. “As we anticipated, competitive market conditions have been ramping back up for a few months now,” John Connelley, principal broker at Locations, said in a statement. “October was a particularly strong month, as low mortgage…

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