2014: Honolulu Home Sales In March

HONOLULU SINGLE-FAMILY HOME SALES REMAIN BRISK IN MARCH, ACCORDING TO THE HONOLULU BOARD OF REALTORS®

HONOLULU— In March, sales of single family homes increased by 6.5% while condo sales fell by 5.8% compared to sales a year ago. The median price paid for a single family home rose by 2.7% from the same month last year to $657,000. Condo sale prices also rose by 2.9% with the median price at $350,000.

Homes are selling fast! The average amount of time a single family home spends on the market is just 17 days. While condos spent about 25 days on the market before going into escrow.

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