Aloha,
According to the Honolulu Board of Realtors, in March, single-family home sales dipped by 2.5% year-over-year and condo sales fell 22.5%.
The median sales price for single-family homes rose to $1,100,000, marking a 1.5% year-over-year increase. Conversely, the median price for condos dropped to $500,000, down 6.7% from last March’s record-setting price of $536,000.
Inventory continues to be very tight!
Here are the March 2024 Market Statistics from HBR.
As always, I love to hear from you!
Thank you, Judy
