The Honolulu Board of REALTORS® released the following resale figures for the month of May 2010. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:
| Single Family | # of Sales | Median Price |
| Current Month | 284 | $606,000 |
| Last Month | 286 | $563,000 |
| This Month Last Year | 216 | $542,000 |
| Condominium | # of Sales | Median Price |
| Current Month | 355 | $312,500 |
| Last Month | 390 | $308,000 |
| This Month Last Year | 262 | $300,000 |
This report reflects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow. The time delay between the signing of a sales contract and the closing of escrow is usually between one and three months.
Click HERE to download the complete statistical report. |
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Posted on June 12, 2010 by KA Hawaii
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