Oahu real estate market shows signs of improvement
Sales for single-family homes and condos are still down, but new listings and new escrow volume see month-over-month growth
“The year-over-year statistics are what we expected – the number of sales were down and median prices remained relatively steady due in large part to lower than usual inventory and continued high demand,” said Tricia Nekota, president, Honolulu Board of REALTORS®. “As the state continues to reopen, we are already seeing a steady increase in activity that, in turn, helps to drive our local economy.”