Strong demand has pushed median prices up for single-family home and condominiums across Oahu in June. The median prices for single family home and condominiums were $706,500 and $375,000.
They were up 6.1% and 5.6% compared to May. We already saw median prices for single-family homes and condominiums rose in May up until $675,000 and $373,500.
Areas that saw an increase in single-family home prices are Hawaii Kai (23.6%) and Manoa (16.1%). Compared to last year, the number of single-family home and condominium resales are up. The condo markets that continue to show increases in median price include Kailua, Kaneohe, and Waikiki. Single-family home markets with increases in both sales and median price include Hawaii Kai, Kailua, Kaimuki, Kaneohe, Leeward, Mililani, Nuuanu-Makiki, Pearl City-Aiea, and West Honolulu.