Oahu housing inventory up, prices down


The Oahu housing market started the new year with a jump in the number of homes and condos for sale.

According to the Honolulu Board of Realtors, new listings of single family homes increased by 21.8% while condominium listings increased by 18.8%.

But sales for single family homes were down 2.4% and prices were down slightly to $767,000.

Condo sales also dropped by 12.8% and the median price dropped to $399,000.

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