Oahu median single-family home price up 11.8%

Decreasing inventory has increased the cost of used houses this year, as have more purchases

By Andrew Gomes

POSTED: 01:30 a.m. HST, Oct 09, 2012

~~<p>Median home sale prices on Oahu maintained a sturdy upward pace in September, holding to a trend this year that also has included inventory drifting downward in a countermotion that helps push up prices.</p>
<p>Data released Monday by the Honolulu Board of Realtors shows that the median price paid for previously owned single-family homes rose 11.8 percent to $637,000 last month from $570,000 in the same month last year.</p>
~~

Median home sale prices on Oahu maintained a sturdy upward pace in September, holding to a trend this year that also has included inventory drifting downward in a countermotion that helps push up prices.

Data released Monday by the Honolulu Board of Realtors shows that the median price paid for previously owned single-family homes rose 11.8 percent to $637,000 last month from $570,000 in the same month last year. Login for more...