{"id":363,"date":"2022-01-08T14:21:47","date_gmt":"2022-01-09T00:21:47","guid":{"rendered":"https:\/\/oahure.com\/oahu-real-estate\/?p=363"},"modified":"2022-05-03T07:29:50","modified_gmt":"2022-05-03T17:29:50","slug":"real-estate-stats-for-december-2021","status":"publish","type":"post","link":"https:\/\/oahure.com\/oahu-real-estate\/real-estate-stats-for-december-2021\/","title":{"rendered":"Real Estate Stats for December 2021"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"626\" src=\"https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2022\/01\/StatsInfo_Dec2021.png\" alt=\"\" class=\"wp-image-364\" srcset=\"https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2022\/01\/StatsInfo_Dec2021.png 800w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2022\/01\/StatsInfo_Dec2021-300x235.png 300w, https:\/\/oahure.com\/oahu-real-estate\/wp-content\/uploads\/2022\/01\/StatsInfo_Dec2021-768x601.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The O\u2018ahu housing market ended 2021 with a slight decline of 10.0% in single-family home sales and a healthy 15.4% increase in condo sales year-over-year. The median sales price for single-family homes tied the previously set record in August 2021 at $1,050,000, while condos saw a median sales price of $485,000, slightly up from December 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While O\u2018ahu\u2019s single-family home market saw new listings, pending sales, and total inventory in escrow all drop year-over-year, the condominium market remained strong, with new listings up 13.1%, pending sales jumped 16.7% and total inventory in escrow rose 11.5%.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt was clearly a seller\u2019s market in 2021,\u201d said&nbsp;<strong>Chad Takesue, president of the Honolulu Board of REALTORS<\/strong><em>\u00ae<\/em><strong>&nbsp;in 2022.&nbsp;<\/strong>\u201cNot only did properties enter escrow at a record pace, but they often marked multiple offers and sold for a premium.\u201d<br><br>Single-family homes were in high demand throughout 2021, but sales leveled off in the last quarter of the year as buyers faced low inventory and a slight rise in average mortgage rates since the summer and early fall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith high demand and dismal inventory of single-family homes, buyers turned their sights to condos, driving competitive activity in some areas and leading to low supply in this market as well. As a result, every price point in the condo market saw more sales in 2021 and every region across O\u02bbahu marked more sales,\u201d added&nbsp;<strong>Takesue<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The O\u2018ahu housing market ended 2021 with a slight decline of 10.0% in single-family home sales and a healthy 15.4% increase in condo sales year-over-year. The median sales price for single-family homes tied the previously set record in August 2021 at $1,050,000, while condos saw a median sales price of $485,000, slightly up from December &#8230; <a title=\"Real Estate Stats for December 2021\" class=\"read-more\" href=\"https:\/\/oahure.com\/oahu-real-estate\/real-estate-stats-for-december-2021\/\" aria-label=\"Read more about Real Estate Stats for December 2021\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-363","post","type-post","status-publish","format-standard","hentry","category-stats"],"_links":{"self":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/comments?post=363"}],"version-history":[{"count":1,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/363\/revisions"}],"predecessor-version":[{"id":365,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/363\/revisions\/365"}],"wp:attachment":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/media?parent=363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/categories?post=363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/tags?post=363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}