HONOLULU (KHON2) — Oahu’s housing market continues to remain fierce with condo sales reaching a 15-year high during the month of March.
Single family home prices are also soaring.
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According to real estate firm, Locations, the median price for a single family home rose 17% in the month of March compared to what it was at the same time last year.
The median price for condos rose by 2% to 445-thousand dollars.
Single-family home sales were up 16% to 364 in March. That’s the most sales in that month since 2006.
Similarly, condo sales rose 48% to 623 sales.