Aloha,
November property sales declined slightly year-over-year, with total combined, single-family and condo sales dipping about 8% compared to November 2022.
Year-over-year, the median price of a single-family home dipped 4.3% to $1,100,055. Conversely, condos marked a 7.5% increase to $516,179.
With mortgage interest rates heading downward, we are looking forward to 2024!
Here are the November 2023 Market Statistics from HBR.
![](https://hawaiishome.com/wp-content/uploads/2023/12/2023-12-SOBIN-November-2023-Oahu-Statistics-Newsletter-December-2023-2-1020x1024.jpg)