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1st Quarter 2009 Hawaii Real Estate Trends

Sat, Apr 25, 2009

Mainstream Media Analysis

1st Quarter 2009 Hawaii Real Estate Trends

First Quarter 2009 ended with fewer sales compared to the same period in 2008. Single-family home sales dropped 34.2% to 432 sales and condominium sales dropped 45.9% to 549 sales. For Oahu overall, the single-family median price dropped 8.3% to $567,500 and the condominium median price dropped 8.5% to $300,000.

SINGLE FAMILY HOMES ON OAHU
singlefamilyhomes

OAHU CONDOMINIUMS
condoss

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Hawaii Real Estate reporter - who has written 63 posts on Hawaii Real Estate Reporter.


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2 Comments For This Post

  1. Keahi Pelayo Says:

    Helpful and interesting graphic! Nice to see Kaimuki is doing so well.
    Aloha,
    Keahi

  2. Richard Stabile Bergen County New Homes Says:

    Your market in Hawaii seems similar to what I seen in other areas that did not have the broad speculation as SO.Cal, Florida, Arizona and Nevada, among other have had. If what I see is any indication you should be picking up now in May and hopefully June also. Your market is similar to Bergen County New Jersey Market. We have now pick up a lot from the slow sales of 2008’s second half.

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