Stats

Local Market Update October 2021

The local market update shows 3 areas having a 50% price increase from last year. Windward Coast takes the top honors with a 70% increase. A few places have dropped in price. For all the details please see our stats page at https://www.oahure.com/OahuRealEstateStatsIntro.php

O‘ahu’s Housing Market Holds Steady Ahead of Holiday Season Lull.

Median prices of single-family homes stand at $1 million, condos at $500K.Closed sales rose year-over-year with single-family homes ticking up modestly 10.4% and condo properties surging higher to 27.3%.The median sales price for a single-family home fell slightly from the August 2021 record of $1,050,000 to $1,000,000, while the median condo price tied the August …

O‘ahu’s Housing Market Holds Steady Ahead of Holiday Season Lull. Read More »

Is Stagflation Coming?

These two charts really point to stagflation, where inflation goes up while the GDP declines. The Atlanta Fed slashed GDP growth to just .2% down from 14% back in May. So as the expected GDP drops, the Citi Inflation Surprise Index is going up. This points to stagflation in my opinion.

September 2021 Oahu Real Estate Stats

2 Out of Every 3 Single-Family Homes Sell for Over the Asking Price in SeptemberYear-over-year market activity continues to mark gains, but month-to-month closed sales dip Closed sales of single-family homes and condos in September continued to outpace sales activity from the same time last year, recording 8.4% and 34.9% increases, respectively. However, sales dropped …

September 2021 Oahu Real Estate Stats Read More »