2011 September Oahu Real Estate Stats
The following Oahu real estate statistics cover the period of September 1-30, 2011. There was an increase in closed condominium sales from 306 to 364, a 19% change when compared to September 2010. Days on market increased by 6.9% and the median sales price declined to $316,500 from $330,000. The average sales price declined by 7.7% and Oahu condominium sellers received 94.2% of their asking price when compared to the same period in 2010. Inventory for Oahu condos decreased by 19.3% to 1,866 units.
Single-family residences on Oahu saw an increase in closed sales by 4% to 284 units. Days on market decreased by 8.8% and the median sales price realized a decline by 8.1% to 570,000 from $620,000 in 2010. Oahu homes declined by 17.5% in average sales price and owners received 95.2% of their listed prices. Residential inventory declined by 14.6% to 1,486 units.
2011 September Oahu Condo Sales
| Region/District | Sales | Avg List $ | Avg Sales $ | +/- | DOM |
| Central | 27 | $263,307 | $259,575 | -1.5% | 37 |
| Diamond Head | 11 | $932,181 | $901,454 | -3.3% | 60 |
| Ewa Plain | 16 | $294,393 | $292,409 | -1% | 65 |
| Hawaii Kai | 17 | $532,852 | $521,558 | -2.2% | 45 |
| Kailua | 6 | $371,166 | $369,583 | -.5% | 26 |
| Kaneohe | 17 | $306,619 | $301,552 | -1.7% | 65 |
| Leeward | 7 | $78,200 | $75,820 | -3.1% | 56 |
| Makakilo | 10 | $260,070 | $252,190 | -3.1% | 42 |
| Honolulu | 204 | $386,164 | $372,142 | -3.6% | 68 |
| North Shore | 5 | $599,600 | $438,400 | -27% | 125 |
| Pearl City | 24 | $317,633 | $309,095 | -2.7% | 49 |
| Waipahu | 16 | $328,812 | $328,937 | NA | 34 |
2011 September Oahu Home Sales
| Region/District | Sales | Avg List $ | Avg Sales $ | +/- | DOM |
| Central | 23 | $574,269 | $567,017 | -2.3% | 54 |
| Diamond Head | 48 | $1,312,826 | $1,242,437 | -5.4% | 61 |
| Ewa Plain | 49 | $459,064 | $454,797 | -1% | 55 |
| Hawaii Kai | 19 | $978,339 | $934,052 | -5.5% | 52 |
| Kailua | 24 | $955,662 | $932,812 | -2.4% | 67 |
| Kaneohe | 22 | $641,995 | $614,932 | -4.3% | 66 |
| Leeward | 28 | $317,835 | $314,534 | -1.1% | 65 |
| Makakilo | 11 | $529,737 | $519,563 | -2% | 63 |
| Honolulu | 28 | $730,973 | $718,817 | -1.7% | 62 |
| North Shore | 9 | $680,766 | $634,488 | -6.8% | 63 |
| Pearl City | 13 | $552,453 | $527,655 | -4.5% | 53 |
| Waipahu | 13 | $503,300 | $491,846 | -2.3% | 62 |
Brad Hill, R(S)
(808) 250-9264 /direct
brad@localrealestatehawaii.com
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