The Honolulu Board of Realtors’ April 2010 stats are out and once again sales volume is up. Continuing on strong momentum from March, single family home resales were up 52% and condos up 48.3% from last year!
Buyers took advantage of discounted prices as the median sales price for homes were down 6.2% and condos down 2.2% on Oahu. This has been a healthy market as buyers realize now is a good time to buy. Now that the government’s tax credit is a thing of the past, it will be interesting to see if this momentum carries into summer, which has traditionally been our strongest season of the year both locally and nationally.
Download April 2010 Oahu Sales Stats (PDF):