Another wild month in this market. There are still lots of Buyers and not enough Sellers.
The O‘ahu housing market continued to see strong sales throughout February, with single-family home sales increasing 5.3% and condominium sales soaring 41.1% over last year.
Most notably, the single-family home market set a record median sales price of $917,500, a nearly 20% year-over-year increase and a 3.9% jump above last month’s record of $883,000, according to the Honolulu Board of Realtors.
February 2021 market Statistics from the Honolulu Board of Realtors.
