Sales volume and median prices decrease significantly
- Sales of single family homes on Oâ€˜ahu decreased 26.2 percent in April and 33.1 percent for condominiums compared to last April.
- For the first four months of 2009, single family home sales on Oâ€˜ahu decreased 32.4 percent compared to last year, and total condominium sales through April showed a 42 percent decrease.
- Median prices paid for Oâ€˜ahu properties in the first four months of 2009 were down 8 percent for single family homes and down 7.3% for condominiums.
- The total dollar sales volume generated in the Oâ€˜ahu housing market decreased 46% for the first four months of this year.